PDF Solutions (NASDAQ:PDFS) Stock Price Down 7.2% – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s share price traded down 7.2% during trading on Friday . The stock traded as low as $62.40 and last traded at $63.7160. Approximately 50,468 shares changed hands during trading, a decline of 91% from the average session volume of 531,748 shares. The stock had previously closed at $68.67.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PDFS. Wall Street Zen cut PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. DA Davidson restated a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a report on Monday, May 18th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $52.00 price target on shares of PDF Solutions in a report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $54.00.

PDF Solutions Stock Performance

The firm’s 50-day moving average price is $51.28 and its two-hundred day moving average price is $39.11. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.50 billion, a PE ratio of 349.41 and a beta of 1.71.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. The firm had revenue of $60.13 million during the quarter, compared to analyst estimates of $59.71 million. As a group, research analysts predict that PDF Solutions, Inc. will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On PDF Solutions

A number of large investors have recently made changes to their positions in the business. Hantz Financial Services Inc. grew its position in PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after purchasing an additional 615 shares in the last quarter. State of Wyoming raised its holdings in shares of PDF Solutions by 4.5% during the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after acquiring an additional 668 shares in the last quarter. LPL Financial LLC grew its stake in PDF Solutions by 7.6% in the fourth quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock valued at $297,000 after purchasing an additional 734 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after purchasing an additional 753 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in PDF Solutions by 12.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,096 shares of the technology company’s stock worth $202,000 after buying an additional 764 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Company Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.