PDF Solutions, Inc. (NASDAQ:PDFS) Stock Has Consensus Price Target of $54.00 According to Brokerages

PDF Solutions, Inc. (NASDAQ:PDFS) has received an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $54.00.

A number of research analysts have recently commented on PDFS shares. Needham & Company LLC initiated coverage on PDF Solutions in a research note on Friday, September 25th. They issued a “buy” rating and a $60.00 price target for the company. Morgan Stanley began coverage on PDF Solutions in a report on Tuesday, September 8th. They issued an “overweight” rating and a $62.00 target price for the company. UBS Group reiterated a “neutral” rating on shares of PDF Solutions in a research report on Monday, September 21st. DA Davidson set a $24.00 price target on PDF Solutions in a research note on Monday, September 21st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a research note on Friday, August 7th.

PDF Solutions Trading Up 4.0%

Shares of PDF Solutions stock opened at $55.50 on Wednesday. The firm has a market capitalization of $2.22 billion, a PE ratio of 222.00 and a beta of 1.66. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17. The firm’s 50 day moving average is $46.96 and its 200 day moving average is $47.98. PDF Solutions has a 1 year low of $23.55 and a 1 year high of $71.68.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. The business had revenue of $61.53 million during the quarter, compared to analysts’ expectations of $61.17 million. Equities research analysts forecast that PDF Solutions will post 0.78 earnings per share for the current fiscal year.

Insider Activity at PDF Solutions

In other news, CTO Andrzej Strojwas sold 3,394 shares of PDF Solutions stock in a transaction on Monday, August 31st. The shares were sold at an average price of $44.41, for a total transaction of $150,727.54. Following the transaction, the chief technology officer owned 90,965 shares in the company, valued at approximately $4,039,755.65. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Shuo Zhang sold 1,501 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total value of $77,256.47. Following the completion of the sale, the director owned 23,380 shares of the company’s stock, valued at $1,203,368.60. The trade was a 6.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.08% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PDFS. Hantz Financial Services Inc. grew its position in shares of PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after buying an additional 615 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of PDF Solutions during the second quarter worth about $33,000. Meeder Asset Management Inc. bought a new position in shares of PDF Solutions during the second quarter worth about $44,000. Bell Investment Advisors Inc acquired a new position in shares of PDF Solutions in the second quarter worth approximately $49,000. Finally, State of Wyoming bought a new stake in PDF Solutions in the second quarter valued at approximately $125,000. 79.51% of the stock is owned by institutional investors.

PDF Solutions Company Profile

PDF Solutions, Inc provides software, services and engineering solutions that help semiconductor manufacturers improve production processes, product quality and manufacturing yields. Its offerings are designed to collect, integrate and analyze data from semiconductor design, fabrication, assembly and testing operations.

The company’s Exensio platform supports applications such as yield management, manufacturing intelligence, fault detection and classification, process control, test-data analysis and supply-chain visibility.