Rosenblatt Securities Reiterates Buy Rating for PDF Solutions (NASDAQ:PDFS)

PDF Solutions (NASDAQ:PDFS)‘s stock had its “buy” rating reiterated by equities researchers at Rosenblatt Securities in a research note issued on Monday,Benzinga reports. They presently have a $34.00 target price on the technology company’s stock. Rosenblatt Securities’ target price suggests a potential upside of 16.96% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. DA Davidson raised 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. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $35.00.

PDF Solutions Stock Performance

Shares of PDF Solutions stock opened at $29.07 on Monday. PDF Solutions has a 1 year low of $15.91 and a 1 year high of $36.99. The firm’s 50-day moving average is $30.90 and its 200 day moving average is $26.37. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of -2,907.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 2.21.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, November 6th. The technology company reported $0.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.25. The business had revenue of $57.12 million during 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%. Sell-side analysts anticipate that PDF Solutions will post 0.32 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

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