PDF Solutions (NASDAQ:PDFS) Downgraded to Hold Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded PDF Solutions from a "buy" to a "hold," and the stock now carries a marketbeat consensus "Hold" rating with a $37 consensus price target.
• PDF Solutions beat estimates last quarter (EPS $0.30 vs. $0.24; revenue $62.4M vs. $61.95M) but still posts a negative net margin and a deeply negative P/E, while shares traded near a 12‑month high (~$39) and rose about 2.4% on the report.
• Analyst views remain mixed—Rosenblatt and DA Davidson are bullish (DA raised its target to $40) while Weiss maintains a sell—and institutional ownership is high at 79.51%, with recent stake increases by RBC, Amundi and Jane Street.

PDF Solutions (NASDAQ:PDFS - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Other equities analysts have also issued reports about the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $34.00 target price on shares of PDF Solutions in a research report on Monday, February 9th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of PDF Solutions in a report on Friday, March 27th. Finally, DA Davidson lifted their price target on shares of PDF Solutions from $38.00 to $40.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $37.00.

PDF Solutions Stock Up 2.4%

Shares of NASDAQ:PDFS opened at $38.83 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.55 billion, a price-to-earnings ratio of -1,941.50 and a beta of 1.56. PDF Solutions has a 12 month low of $16.62 and a 12 month high of $39.06. The company has a 50-day moving average price of $32.98 and a 200 day moving average price of $30.26.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.06. The business had revenue of $62.40 million during the quarter, compared to the consensus estimate of $61.95 million. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. As a group, equities research analysts predict that PDF Solutions will post 0.32 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PDFS. Royal Bank of Canada increased its stake in shares of PDF Solutions by 40.9% during the first quarter. Royal Bank of Canada now owns 19,092 shares of the technology company's stock worth $365,000 after purchasing an additional 5,540 shares in the last quarter. Amundi grew its stake in PDF Solutions by 117,205.9% during the 1st quarter. Amundi now owns 19,942 shares of the technology company's stock valued at $381,000 after acquiring an additional 19,925 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company's stock valued at $353,000 after acquiring an additional 753 shares in the last quarter. Jane Street Group LLC boosted its holdings in PDF Solutions by 113.6% in the 1st quarter. Jane Street Group LLC now owns 60,883 shares of the technology company's stock valued at $1,163,000 after purchasing an additional 32,383 shares during the last quarter. Finally, Strs Ohio acquired a new position in PDF Solutions in the 1st quarter valued at about $105,000. 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.

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