BidaskClub upgraded shares of PDF Solutions (NASDAQ:PDFS) from a buy rating to a strong-buy rating in a report published on Wednesday morning, BidAskClub reports.

Several other research firms have also recently weighed in on PDFS. Northland Securities reissued a buy rating and set a $16.00 price target on shares of PDF Solutions in a report on Tuesday. Zacks Investment Research lowered PDF Solutions from a buy rating to a hold rating in a research note on Wednesday, July 31st. Finally, ValuEngine lowered PDF Solutions from a buy rating to a hold rating in a research note on Tuesday, August 6th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $15.50.

NASDAQ PDFS opened at $13.04 on Wednesday. The business’s fifty day moving average price is $12.14 and its 200-day moving average price is $12.64. PDF Solutions has a 1-year low of $7.56 and a 1-year high of $14.00.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, August 1st. The technology company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $20.57 million for the quarter, compared to the consensus estimate of $21.43 million. PDF Solutions had a negative net margin of 10.61% and a negative return on equity of 4.34%. PDF Solutions’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.02 earnings per share. As a group, analysts forecast that PDF Solutions will post -0.12 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of PDFS. Dimensional Fund Advisors LP increased its stake in shares of PDF Solutions by 4.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,948,829 shares of the technology company’s stock worth $16,429,000 after purchasing an additional 80,848 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of PDF Solutions by 478.3% in the 1st 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 in the last quarter. SG Americas Securities LLC purchased a new stake in shares of PDF Solutions in the 1st quarter worth $132,000. Comerica Bank increased its stake in shares of PDF Solutions by 3.5% in the 1st quarter. Comerica Bank now owns 27,676 shares of the technology company’s stock worth $369,000 after purchasing an additional 925 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of PDF Solutions by 120.4% in the 1st quarter. California Public Employees Retirement System now owns 160,149 shares of the technology company’s stock worth $1,978,000 after purchasing an additional 87,500 shares in the last quarter. Hedge funds and other institutional investors own 78.30% 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.

Featured Article: Marijuana Stocks

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.