PDF Solutions (NASDAQ:PDFS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Saturday, February 17th.
According to Zacks, “PDF Solutions, Inc.’s comprehensive technologies and services enable semiconductor companies to improve yield and performance of manufactured integrated circuits by providing infrastructure to integrate the design and manufacturing processes. They believe that their solutions can significantly improve a semiconductor company’s time to market, the rate at which yield improves and product profitability. “
PDFS has been the topic of several other research reports. BidaskClub cut shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 16th. ValuEngine upgraded shares of PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, November 25th. Finally, DA Davidson dropped their price target on shares of PDF Solutions to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $22.00.
PDF Solutions (PDFS) traded up $0.19 during trading hours on Friday, reaching $12.42. 232,458 shares of the company’s stock were exchanged, compared to its average volume of 241,113. PDF Solutions has a fifty-two week low of $11.07 and a fifty-two week high of $23.93. The company has a market cap of $400.94, a P/E ratio of -409.67, a PEG ratio of 11.21 and a beta of 1.38.
PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, February 15th. The technology company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. PDF Solutions had a negative net margin of 1.31% and a negative return on equity of 0.67%. The business had revenue of $26.80 million during the quarter, compared to the consensus estimate of $26.50 million. During the same quarter in the previous year, the firm posted $0.17 EPS. The firm’s revenue was down 5.6% on a year-over-year basis. equities research analysts expect that PDF Solutions will post 0.07 EPS for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in PDFS. Municipal Employees Retirement System of Michigan purchased a new position in shares of PDF Solutions during the 4th quarter valued at $165,000. UBS Asset Management Americas Inc. purchased a new position in shares of PDF Solutions during the 2nd quarter valued at $178,000. Louisiana State Employees Retirement System purchased a new position in shares of PDF Solutions during the 4th quarter valued at $185,000. MetLife Investment Advisors LLC purchased a new position in shares of PDF Solutions during the 4th quarter valued at $214,000. Finally, Sei Investments Co. lifted its stake in shares of PDF Solutions by 41.0% during the 3rd quarter. Sei Investments Co. now owns 16,167 shares of the technology company’s stock valued at $250,000 after buying an additional 4,698 shares in the last quarter. Institutional investors own 93.38% of the company’s stock.
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PDF Solutions Company Profile
PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.
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