PDF Solutions, Inc. (NASDAQ:PDFS) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• PDF Solutions has a consensus “Hold” rating from five covering brokerages: three rate it a buy, one a hold and one a sell. Analysts’ average 12-month price target is $58.50.
• The company matched quarterly EPS expectations at $0.27 and slightly exceeded revenue forecasts, reporting $61.53 million versus the $61.17 million consensus estimate.
• PDFS opened at $47.63, below its 50-day moving average of $55.87, while institutional investors and hedge funds own 79.51% of the stock.

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) has been given a consensus recommendation of "Hold" by the five brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $58.50.

Several equities research analysts recently commented on PDFS shares. Wells Fargo & Company started coverage on shares of PDF Solutions in a research report on Tuesday, August 4th. They issued an "equal weight" rating and a $50.00 price objective on the stock. DA Davidson restated a "buy" rating and set a $56.00 target price on shares of PDF Solutions in a research report on Monday, May 18th. Wall Street Zen downgraded shares of PDF Solutions from a "buy" rating to a "hold" rating in a report on Saturday. Rosenblatt Securities reiterated a "buy" rating and issued a $63.00 price target on shares of PDF Solutions in a research report on Friday. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of PDF Solutions in a research note on Friday.

Institutional Investors Weigh In On PDF Solutions

Several hedge funds have recently modified their holdings of PDFS. Hantz Financial Services Inc. raised its position in shares of PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company's stock valued at $32,000 after buying an additional 615 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in PDF Solutions during the second quarter worth approximately $44,000. Bell Investment Advisors Inc purchased a new stake in PDF Solutions in the 2nd quarter worth approximately $49,000. Tower Research Capital LLC TRC grew 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 worth $73,000 after acquiring an additional 2,442 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in PDF Solutions in the 4th quarter valued at $82,000. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Stock Performance

PDFS opened at $47.63 on Tuesday. PDF Solutions has a 1-year low of $18.56 and a 1-year high of $71.68. The stock has a market cap of $1.90 billion, a P/E ratio of 190.52 and a beta of 1.67. The stock's 50 day simple moving average is $55.87 and its 200 day simple moving average is $44.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.45 and a quick ratio of 3.45.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $61.53 million during the quarter, compared to analysts' expectations of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. As a group, equities analysts anticipate that PDF Solutions will post 0.67 EPS for the current fiscal year.

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.

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