ValuEngine Upgrades PDF Solutions (PDFS) to “Hold”

PDF Solutions (NASDAQ:PDFS) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Saturday, November 25th.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. BidaskClub downgraded PDF Solutions from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Northland Securities set a $22.00 target price on PDF Solutions and gave the company a “hold” rating in a research report on Sunday, July 30th. Finally, Craig Hallum cut PDF Solutions from a “buy” rating to a “hold” rating and dropped their price objective for the company from $22.00 to $18.00 in a research note on Friday, July 28th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $20.00.

Shares of PDF Solutions (PDFS) opened at $16.25 on Friday. PDF Solutions has a 12 month low of $14.11 and a 12 month high of $24.44. The company has a market capitalization of $540.87, a PE ratio of 120.93, a price-to-earnings-growth ratio of 26.45 and a beta of 1.47.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, October 26th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). PDF Solutions had a return on equity of 2.10% and a net margin of 4.08%. The company had revenue of $26.50 million for the quarter, compared to analyst estimates of $26.67 million. During the same period last year, the business earned $0.17 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. analysts expect that PDF Solutions will post 0.04 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. Teachers Advisors LLC raised its stake in shares of PDF Solutions by 2.5% during the 1st quarter. Teachers Advisors LLC now owns 44,590 shares of the technology company’s stock worth $1,009,000 after buying an additional 1,102 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of PDF Solutions by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 1,122,227 shares of the technology company’s stock worth $25,385,000 after acquiring an additional 67,530 shares during the period. Geode Capital Management LLC grew its holdings in shares of PDF Solutions by 4.1% in the 1st quarter. Geode Capital Management LLC now owns 218,219 shares of the technology company’s stock worth $4,936,000 after acquiring an additional 8,606 shares during the period. Dimensional Fund Advisors LP grew its holdings in PDF Solutions by 2.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,220,753 shares of the technology company’s stock valued at $27,613,000 after buying an additional 34,406 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in PDF Solutions by 5.5% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 111,198 shares of the technology company’s stock valued at $2,516,000 after buying an additional 5,814 shares during the last quarter. 86.40% of the stock is owned by institutional investors and hedge funds.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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