PDF Solutions (NASDAQ:PDFS) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded PDF Solutions (NASDAQ:PDFS) from "buy" to "hold," and MarketBeat shows a consensus rating of Hold with a $47.50 consensus price target despite mixed analyst views (two Buys, one Sell and several raised targets to ~$47–48).
• In the most recent quarter PDFS beat estimates with EPS $0.30 vs. $0.24 and revenue $62.4M vs. $61.95M, but the company still reports a negative net margin and an unusually negative P/E (−2,227.50).
• Institutional ownership is high at 79.51%, and several large investors (e.g., William Blair, ArrowMark) materially increased their stakes in recent quarters.

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

Several other research analysts have also recently issued reports on PDFS. Weiss Ratings reaffirmed a "sell (d)" rating on shares of PDF Solutions in a report on Friday, March 27th. DA Davidson upped their price target on PDF Solutions from $40.00 to $48.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Rosenblatt Securities boosted their target price on shares of PDF Solutions from $37.00 to $47.00 and gave the company a "buy" rating in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $47.50.

PDF Solutions Price Performance

NASDAQ PDFS opened at $44.55 on Friday. The stock has a market capitalization of $1.78 billion, a P/E ratio of -2,227.50 and a beta of 1.70. PDF Solutions has a 1 year low of $17.35 and a 1 year high of $50.45. The business's fifty day moving average is $36.15 and its two-hundred day moving average is $31.87. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.06. The company had revenue of $62.40 million for the quarter, compared to analysts' expectations of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. On average, research analysts forecast that PDF Solutions will post 0.54 earnings per share for the current fiscal year.

Institutional Trading of PDF Solutions

Large investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new position in shares of PDF Solutions during the 3rd quarter valued at $1,733,000. William Blair Investment Management LLC grew its holdings in shares of PDF Solutions by 13.7% during the 3rd quarter. William Blair Investment Management LLC now owns 1,349,441 shares of the technology company's stock valued at $34,843,000 after acquiring an additional 162,358 shares in the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in shares of PDF Solutions by 595.1% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company's stock valued at $11,665,000 after acquiring an additional 386,788 shares in the last quarter. Cannell Capital LLC purchased a new position in shares of PDF Solutions during the 3rd quarter valued at $8,709,000. Finally, Divisar Capital Management LLC grew its holdings in shares of PDF Solutions by 11.9% during the 3rd quarter. Divisar Capital Management LLC now owns 684,082 shares of the technology company's stock valued at $17,663,000 after acquiring an additional 72,695 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Company Profile

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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