Wall Street Zen Upgrades PDF Solutions (NASDAQ:PDFS) to “Buy”

PDF Solutions (NASDAQ:PDFS) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

PDFS has been the subject of several other research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PDF Solutions in a research note on Friday, March 27th. DA Davidson lifted their price target on PDF Solutions from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $34.00 price target on shares of PDF Solutions in a research note on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $43.50.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $43.54 on Friday. The firm’s fifty day moving average price is $34.55 and its 200 day moving average price is $31.01. PDF Solutions has a 1-year low of $16.62 and a 1-year high of $45.30. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.28 and a quick ratio of 2.28. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -2,177.00 and a beta of 1.56.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.24 by $0.06. The company had revenue of $62.40 million for the quarter, compared to analyst estimates of $61.95 million. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. On average, sell-side analysts expect that PDF Solutions will post 0.53 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. raised its stake in PDF Solutions by 138.9% in the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the last quarter. Hantz Financial Services Inc. raised its stake in PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after purchasing an additional 615 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in PDF Solutions in the 4th quarter valued at about $82,000. Johnson Financial Group Inc. acquired a new position in PDF Solutions in the 3rd quarter valued at about $83,000. Finally, Tower Research Capital LLC TRC raised its stake in PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after purchasing an additional 2,442 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

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.