PDF Solutions (NASDAQ:PDFS)‘s stock had its “buy” rating reissued by Northland Securities in a note issued to investors on Tuesday, AnalystRatings.com reports. They currently have a $16.00 price target on the technology company’s stock. Northland Securities’ target price suggests a potential upside of 20.30% from the stock’s current price.
The analysts wrote, “We believe that Exensio is a $40M run rate and growing at a 25% to 30% CAGR.””
Other analysts have also recently issued reports about the stock. BidaskClub upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th. Zacks Investment Research cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, July 31st. Finally, ValuEngine cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $15.50.
PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, August 1st. The technology company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $20.57 million for the quarter, compared to analyst estimates of $21.43 million. PDF Solutions had a negative return on equity of 4.34% and a negative net margin of 10.61%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share. On average, analysts predict that PDF Solutions will post -0.12 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Comerica Bank lifted its stake in PDF Solutions by 3.5% in the first quarter. Comerica Bank now owns 27,676 shares of the technology company’s stock valued at $369,000 after acquiring an additional 925 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in PDF Solutions by 15.0% in the second quarter. JPMorgan Chase & Co. now owns 7,764 shares of the technology company’s stock valued at $101,000 after acquiring an additional 1,010 shares during the last quarter. Swiss National Bank lifted its stake in PDF Solutions by 3.9% in the second quarter. Swiss National Bank now owns 51,100 shares of the technology company’s stock valued at $670,000 after acquiring an additional 1,900 shares during the last quarter. Aperio Group LLC acquired a new stake in shares of PDF Solutions in the second quarter worth $25,000. Finally, Bank of Montreal Can acquired a new stake in shares of PDF Solutions in the second quarter worth $30,000. Hedge funds and other institutional investors own 78.30% of the company’s stock.
PDF Solutions Company Profile
PDF Solutions, Inc provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio platform, which consists of Exensio-Yield that collects and stores yield data in an analysis-ready database, which enables product engineers to identify and analyze production yield, performance, reliability, and other issues; Exensio-Control, which provides fault detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Exensio-Test that offers data collection and analysis capability; Exensio Characterization, which encapsulates test structure analysis functionality of electrical and in-line inspection data from CV test chips and design-for-inspection DFI on-chip instruments; and Exensio ALPS that provides device manufacturers with the capability to link all device data, including fabrication and characterization data from every step of the product life cycle.
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