Analysts forecast that PDF Solutions, Inc. (NASDAQ:PDFS) will post $26.93 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for PDF Solutions’ earnings, with the highest sales estimate coming in at $27.29 million and the lowest estimate coming in at $26.50 million. PDF Solutions posted sales of $27.26 million during the same quarter last year, which suggests a negative year-over-year growth rate of 1.2%. The company is scheduled to announce its next earnings results on Thursday, October 26th.

According to Zacks, analysts expect that PDF Solutions will report full-year sales of $26.93 million for the current financial year, with estimates ranging from $103.10 million to $104.34 million. For the next year, analysts expect that the firm will post sales of $118.25 million per share, with estimates ranging from $111.40 million to $125.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, July 27th. The technology company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.06. PDF Solutions had a net margin of 5.29% and a return on equity of 2.78%. The business had revenue of $24.30 million for the quarter, compared to analyst estimates of $26.58 million. During the same period last year, the business earned $0.16 EPS. The company’s revenue was down 9.0% on a year-over-year basis.

Several brokerages have recently weighed in on PDFS. Craig Hallum upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, July 12th. BidaskClub downgraded shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Northland Securities set a $22.00 target price on shares of PDF Solutions and gave the company a “hold” rating in a research note on Sunday, July 30th. Finally, ValuEngine downgraded shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 31st. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $23.33.

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Shares of PDF Solutions (NASDAQ:PDFS) traded up 0.13% during midday trading on Friday, hitting $15.22. 268,213 shares of the stock were exchanged. PDF Solutions has a 12-month low of $14.11 and a 12-month high of $24.44. The firm has a market cap of $492.11 million, a P/E ratio of 90.06 and a beta of 1.43. The firm has a 50 day moving average of $15.64 and a 200 day moving average of $18.39.

In other PDF Solutions news, Director Lucio Lanza sold 60,000 shares of the stock in a transaction on Friday, August 18th. The shares were sold at an average price of $15.00, for a total transaction of $900,000.00. Following the transaction, the director now directly owns 318,967 shares in the company, valued at approximately $4,784,505. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 16.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC boosted its stake in PDF Solutions by 154.7% during the 2nd quarter. FMR LLC now owns 1,648,594 shares of the technology company’s stock valued at $27,119,000 after acquiring an additional 1,001,408 shares during the last quarter. Gilder Gagnon Howe & Co. LLC raised its holdings in shares of PDF Solutions by 6.3% during the first quarter. Gilder Gagnon Howe & Co. LLC now owns 1,627,953 shares of the technology company’s stock worth $36,824,000 after purchasing an additional 96,964 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of PDF Solutions by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,283,017 shares of the technology company’s stock worth $21,106,000 after purchasing an additional 62,264 shares during the period. Vanguard Group Inc. raised its holdings in shares of PDF Solutions by 4.8% during the second quarter. Vanguard Group Inc. now owns 1,176,585 shares of the technology company’s stock worth $19,356,000 after purchasing an additional 54,358 shares during the period. Finally, Cowen Prime Services LLC raised its holdings in shares of PDF Solutions by 5.5% during the second quarter. Cowen Prime Services LLC now owns 1,118,183 shares of the technology company’s stock worth $18,394,000 after purchasing an additional 58,228 shares during the period. Hedge funds and other institutional investors own 82.45% of the company’s stock.

About PDF Solutions

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.

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Earnings History and Estimates for PDF Solutions (NASDAQ:PDFS)

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