Brokerages forecast that PDF Solutions, Inc. (NASDAQ:PDFS) will post $0.03 earnings per share for the current quarter, according to Zacks. Two analysts have made estimates for PDF Solutions’ earnings, with the lowest EPS estimate coming in at $0.02 and the highest estimate coming in at $0.04. PDF Solutions reported earnings of $0.11 per share in the same quarter last year, which would indicate a negative year over year growth rate of 72.7%. The company is expected to issue its next earnings results on Thursday, October 25th.
According to Zacks, analysts expect that PDF Solutions will report full-year earnings of $0.17 per share for the current year, with EPS estimates ranging from $0.16 to $0.17. For the next financial year, analysts expect that the firm will post earnings of $0.28 per share, with EPS estimates ranging from $0.06 to $0.50. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for PDF Solutions.
PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.04). The firm had revenue of $21.12 million for the quarter, compared to analyst estimates of $22.95 million. PDF Solutions had a negative return on equity of 2.28% and a negative net margin of 4.60%. The business’s revenue for the quarter was down 13.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.08 earnings per share.
A number of equities analysts have recently weighed in on the company. BidaskClub raised PDF Solutions from a “strong sell” rating to a “sell” rating in a report on Friday, October 12th. TheStreet cut PDF Solutions from a “c-” rating to a “d+” rating in a report on Thursday, September 6th. Zacks Investment Research cut PDF Solutions from a “hold” rating to a “strong sell” rating in a report on Thursday, August 9th. DA Davidson cut their price target on PDF Solutions from $18.00 to $13.00 and set a “hold” rating for the company in a report on Wednesday, August 29th. Finally, ValuEngine cut PDF Solutions from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 24th. Three research analysts have rated the stock with a sell rating and one has given a hold rating to the company. The stock presently has a consensus rating of “Sell” and a consensus target price of $13.00.
PDFS stock traded down $0.10 during midday trading on Monday, hitting $8.20. 143,226 shares of the stock were exchanged, compared to its average volume of 228,206. The stock has a market cap of $266.77 million, a PE ratio of -205.00 and a beta of 1.11. PDF Solutions has a fifty-two week low of $8.00 and a fifty-two week high of $18.48.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PDFS. Swiss National Bank raised its holdings in shares of PDF Solutions by 12.8% in the first quarter. Swiss National Bank now owns 49,200 shares of the technology company’s stock worth $574,000 after acquiring an additional 5,600 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in PDF Solutions by 11.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 141,028 shares of the technology company’s stock valued at $1,645,000 after purchasing an additional 14,014 shares during the last quarter. Northern Trust Corp increased its stake in PDF Solutions by 3.5% in the first quarter. Northern Trust Corp now owns 380,210 shares of the technology company’s stock valued at $4,434,000 after purchasing an additional 12,983 shares during the last quarter. BlackRock Inc. increased its stake in PDF Solutions by 2.2% in the first quarter. BlackRock Inc. now owns 3,619,808 shares of the technology company’s stock valued at $42,204,000 after purchasing an additional 78,620 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in PDF Solutions by 8.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,556,983 shares of the technology company’s stock valued at $18,154,000 after purchasing an additional 116,602 shares during the last quarter. 87.30% of the stock is owned by institutional investors.
PDF Solutions Company Profile
PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.
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