Wall Street analysts predict that PDF Solutions, Inc. (NASDAQ:PDFS) will announce sales of $20.70 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for PDF Solutions’ earnings. The lowest sales estimate is $20.00 million and the highest is $21.40 million. PDF Solutions reported sales of $21.12 million during the same quarter last year, which would suggest a negative year over year growth rate of 2%. The business is expected to announce its next earnings results on Thursday, August 1st.

On average, analysts expect that PDF Solutions will report full-year sales of $88.70 million for the current fiscal year, with estimates ranging from $88.00 million to $89.40 million. For the next fiscal year, analysts forecast that the company will post sales of $105.00 million, with estimates ranging from $100.00 million to $110.00 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Wednesday, May 1st. The technology company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. PDF Solutions had a negative return on equity of 5.00% and a negative net margin of 12.23%. The firm had revenue of $20.45 million for the quarter, compared to analysts’ expectations of $19.48 million. During the same period in the prior year, the business posted $0.07 earnings per share. The business’s revenue was down 17.3% compared to the same quarter last year.

Several analysts have recently commented on PDFS shares. ValuEngine upgraded PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, February 19th. BidaskClub cut PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 18th. Northland Securities restated a “buy” rating on shares of PDF Solutions in a report on Friday, May 24th. Finally, TheStreet upgraded PDF Solutions from a “d+” rating to a “c-” rating in a report on Friday, February 15th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. PDF Solutions currently has a consensus rating of “Buy” and a consensus price target of $12.00.

NASDAQ:PDFS traded down $0.05 during trading hours on Wednesday, reaching $12.89. The company had a trading volume of 67,500 shares, compared to its average volume of 155,054. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.90 and a quick ratio of 6.90. The stock has a market capitalization of $417.68 million, a price-to-earnings ratio of -53.71 and a beta of 1.35. PDF Solutions has a one year low of $7.56 and a one year high of $14.00.

Hedge funds have recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan bought a new stake in shares of PDF Solutions during the fourth quarter worth $65,000. BNP Paribas Arbitrage SA grew its holdings in shares of PDF Solutions by 478.3% during the first quarter. BNP Paribas Arbitrage SA now owns 5,777 shares of the technology company’s stock worth $71,000 after purchasing an additional 4,778 shares during the last quarter. Metropolitan Life Insurance Co. NY bought a new stake in shares of PDF Solutions during the fourth quarter worth $80,000. Oregon Public Employees Retirement Fund bought a new stake in shares of PDF Solutions during the fourth quarter worth $89,000. Finally, MetLife Investment Advisors LLC bought a new stake in shares of PDF Solutions during the fourth quarter worth $109,000. Institutional investors own 83.19% of the company’s stock.

About PDF Solutions

PDF Solutions, Inc provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio platform, which consists of Exensio-Yield that collects and stores yield data in an analysis-ready database, which enables product engineers to identify and analyze production yield, performance, reliability, and other issues; Exensio-Control, which provides fault detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Exensio-Test that offers data collection and analysis capability; Exensio Characterization, which encapsulates test structure analysis functionality of electrical and in-line inspection data from CV test chips and design-for-inspection DFI on-chip instruments; and Exensio ALPS that provides device manufacturers with the capability to link all device data, including fabrication and characterization data from every step of the product life cycle.

Further Reading: What is Forex?

Get a free copy of the Zacks research report on PDF Solutions (PDFS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.