PDF Solutions’ (PDFS) Buy Rating Reaffirmed at Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note released on Friday,Benzinga reports. The firm currently has a $40.00 target price on the technology company’s stock.

Separately, DA Davidson restated a “buy” rating and issued a $42.00 target price on shares of PDF Solutions in a research note on Wednesday, August 28th.

PDF Solutions Trading Up 3.2 %

PDF Solutions stock traded up $1.04 during mid-day trading on Friday, reaching $33.16. The company’s stock had a trading volume of 338,237 shares, compared to its average volume of 161,279. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -414.50 and a beta of 1.49. PDF Solutions has a twelve month low of $27.69 and a twelve month high of $39.70. The business has a 50 day moving average price of $29.91 and a 200-day moving average price of $32.50.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 8th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. The firm had revenue of $41.66 million for the quarter, compared to the consensus estimate of $41.60 million. On average, equities analysts expect that PDF Solutions will post 0.36 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

Several institutional investors and hedge funds have recently made changes to their positions in PDFS. nVerses Capital LLC bought a new position in PDF Solutions during the 2nd quarter valued at $25,000. GAMMA Investing LLC boosted its stake in shares of PDF Solutions by 98.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of PDF Solutions in the 3rd quarter worth about $37,000. Nisa Investment Advisors LLC increased its stake in PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after purchasing an additional 526 shares in the last quarter. Finally, Quest Partners LLC lifted its holdings in shares of PDF Solutions by 20,281.5% during the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after buying an additional 5,476 shares during the period. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.