PDF Solutions (NASDAQ:PDFS) Reaches New 52-Week High – What’s Next?

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. DA Davidson boosted their price objective on shares of PDF Solutions from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. Finally, Rosenblatt Securities upped their price target on PDF Solutions from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, PDF Solutions currently has a consensus rating of “Hold” and a consensus target price of $34.50.

PDF Solutions Price Performance

The firm has a 50-day moving average of $28.06 and a 200-day moving average of $24.66. 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 capitalization of $1.27 billion, a P/E ratio of -3,213.10 and a beta of 1.57.

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

Institutional Investors Weigh In On PDF Solutions

Large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC bought a new position in shares of PDF Solutions during the 3rd quarter valued at $428,000. Penn Capital Management Company LLC grew its stake in PDF Solutions by 2.4% during the third quarter. Penn Capital Management Company LLC now owns 117,463 shares of the technology company’s stock valued at $3,033,000 after acquiring an additional 2,793 shares in the last quarter. Dark Forest Capital Management LP increased its holdings in PDF Solutions by 6.2% in the 3rd quarter. Dark Forest Capital Management LP now owns 51,347 shares of the technology company’s stock valued at $1,326,000 after acquiring an additional 2,990 shares during the last quarter. Prelude Capital Management LLC purchased a new stake in shares of PDF Solutions in the third quarter worth about $2,609,000. Finally, Numerai GP LLC bought a new stake in PDF Solutions in the 3rd quarter worth approximately $387,000. Institutional investors 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.