PDF Solutions (NASDAQ:PDFS) Receives “Buy” Rating from Rosenblatt Securities

PDF Solutions (NASDAQ:PDFS)‘s stock had its “buy” rating reiterated by investment analysts at Rosenblatt Securities in a report issued on Tuesday,Benzinga reports. They presently have a $52.00 price objective on the technology company’s stock. Rosenblatt Securities’ target price indicates a potential upside of 19.16% from the stock’s current price.

A number of other research analysts also recently weighed in on PDFS. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. DA Davidson reaffirmed a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a report on Monday. Finally, Weiss Ratings upgraded shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, PDF Solutions currently has a consensus rating of “Hold” and an average price target of $54.00.

PDF Solutions Stock Down 2.4%

Shares of PDF Solutions stock opened at $43.64 on Tuesday. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 242.46 and a beta of 1.70. The company’s 50 day moving average is $39.23 and its 200 day moving average is $33.40. PDF Solutions has a twelve month low of $17.35 and a twelve month high of $56.46. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. The company had revenue of $60.13 million for the quarter, compared to the consensus estimate of $59.71 million. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. Research analysts anticipate that PDF Solutions will post 0.63 EPS for the current year.

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Amalgamated Bank increased its stake in shares of PDF Solutions by 4.0% in the third quarter. Amalgamated Bank now owns 9,237 shares of the technology company’s stock worth $238,000 after purchasing an additional 359 shares in the last quarter. UMB Bank n.a. grew its stake in PDF Solutions by 138.9% during the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after acquiring an additional 553 shares in the last quarter. Hantz Financial Services Inc. grew its stake in PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after acquiring an additional 615 shares in the last quarter. State of Wyoming grew its stake in PDF Solutions by 4.5% during the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock valued at $330,000 after acquiring an additional 668 shares in the last quarter. Finally, LPL Financial LLC grew its stake in PDF Solutions by 7.6% during the fourth quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock valued at $297,000 after acquiring an additional 734 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.