PDF Solutions (NASDAQ:PDFS) Rating Increased to C- at TheStreet

PDF Solutions (NASDAQ:PDFSGet Rating) was upgraded by research analysts at TheStreet from a “d+” rating to a “c-” rating in a report issued on Monday, TheStreetRatingsTable reports.

Other equities analysts have also issued reports about the company. StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, May 4th. DA Davidson lifted their price target on shares of PDF Solutions from $33.00 to $37.00 in a research report on Wednesday, February 16th. Zacks Investment Research lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Finally, Rosenblatt Securities lifted their target price on shares of PDF Solutions from $29.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, February 16th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, PDF Solutions currently has a consensus rating of “Buy” and a consensus target price of $32.40.

NASDAQ:PDFS opened at $24.70 on Monday. The company has a market cap of $931.44 million, a P/E ratio of -51.46 and a beta of 1.42. The firm’s 50 day moving average is $25.15 and its two-hundred day moving average is $27.69. PDF Solutions has a fifty-two week low of $16.82 and a fifty-two week high of $33.78.

PDF Solutions (NASDAQ:PDFSGet Rating) last issued its earnings results on Tuesday, February 15th. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.15). PDF Solutions had a negative return on equity of 8.20% and a negative net margin of 14.99%. The firm had revenue of $29.89 million during the quarter, compared to analysts’ expectations of $30.00 million. During the same period last year, the business posted ($0.91) earnings per share. As a group, research analysts anticipate that PDF Solutions will post -0.03 earnings per share for the current year.

In other PDF Solutions news, Director Shuo Zhang sold 11,017 shares of the stock in a transaction that occurred on Tuesday, March 15th. The shares were sold at an average price of $25.50, for a total value of $280,933.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.50% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in PDFS. Wasatch Advisors Inc. acquired a new position in shares of PDF Solutions in the first quarter worth about $28,198,000. William Blair Investment Management LLC raised its position in shares of PDF Solutions by 44.9% in the 3rd quarter. William Blair Investment Management LLC now owns 1,139,540 shares of the technology company’s stock valued at $26,255,000 after purchasing an additional 353,005 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of PDF Solutions by 105.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 235,548 shares of the technology company’s stock valued at $7,488,000 after buying an additional 120,652 shares during the last quarter. AIGH Capital Management LLC grew its position in shares of PDF Solutions by 11.7% during the third quarter. AIGH Capital Management LLC now owns 1,005,000 shares of the technology company’s stock worth $23,156,000 after buying an additional 105,000 shares in the last quarter. Finally, Mutual of America Capital Management LLC increased its stake in shares of PDF Solutions by 2,588.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 106,791 shares of the technology company’s stock worth $3,395,000 after buying an additional 102,819 shares during the last quarter. Institutional investors own 76.62% of the company’s stock.

PDF Solutions Company Profile (Get Rating)

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, Taiwan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that stores 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 offers data collection and analysis capabilities; and Assembly Operations that provides device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.

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