PDF Solutions (NASDAQ:PDFS) Reaches New 12-Month High – Here’s What Happened

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $32.34 and last traded at $31.14, with a volume of 108845 shares changing hands. The stock had previously closed at $30.97.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. DA Davidson boosted their price target on shares of PDF Solutions from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Finally, Rosenblatt Securities upped their price objective on shares of PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Two 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 currently has a consensus rating of “Hold” and a consensus target price of $34.50.

PDF Solutions Trading Down 5.1%

The company has a 50 day moving average price of $28.19 and a 200 day moving average price of $24.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -3,041.00 and a beta of 1.57.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $57.12 million for the quarter, compared to analysts’ expectations of $56.69 million. PDF Solutions had a negative net margin of 0.03% and a positive return on equity of 4.28%. On average, research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Institutional Trading of PDF Solutions

Several institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its stake in PDF Solutions by 138.9% during the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock worth $25,000 after purchasing an additional 553 shares in the last quarter. CWM LLC grew its stake in shares of PDF Solutions by 94.4% in the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock valued at $39,000 after buying an additional 891 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after buying an additional 2,442 shares during the period. Johnson Financial Group Inc. acquired a new position in PDF Solutions during the 3rd quarter worth about $83,000. Finally, iSAM Funds UK Ltd acquired a new position in PDF Solutions during the 3rd quarter worth about $100,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

About PDF Solutions

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.