According to Zacks, “PDF Solutions, Inc.’s comprehensive technologies and services enable semiconductor companies to improve yield and performance of manufactured integrated circuits by providing infrastructure to integrate the design and manufacturing processes. They believe that their solutions can significantly improve a semiconductor company’s time to market, the rate at which yield improves and product profitability. “
PDFS has been the subject of several other research reports. Craig Hallum upgraded PDF Solutions from a “hold” rating to a “buy” rating and set a $23.50 price target for the company in a report on Wednesday, October 16th. BidaskClub upgraded PDF Solutions from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 23rd. ValuEngine cut PDF Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Northland Securities restated a “buy” rating on shares of PDF Solutions in a report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $19.17.
PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, October 31st. The technology company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $21.91 million for the quarter, compared to the consensus estimate of $21.53 million. PDF Solutions had a negative return on equity of 3.66% and a negative net margin of 8.70%. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the company earned $0.01 EPS. Research analysts expect that PDF Solutions will post -0.15 EPS for the current year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDFS. Invesco Ltd. grew its holdings in PDF Solutions by 2,558.7% during the 2nd quarter. Invesco Ltd. now owns 3,118,770 shares of the technology company’s stock valued at $40,918,000 after buying an additional 3,001,465 shares in the last quarter. Cowen Prime Services LLC boosted its holdings in shares of PDF Solutions by 41.9% in the 2nd quarter. Cowen Prime Services LLC now owns 1,118,900 shares of the technology company’s stock worth $14,680,000 after purchasing an additional 330,529 shares during the period. Morgan Stanley boosted its holdings in shares of PDF Solutions by 2,676.8% in the 2nd quarter. Morgan Stanley now owns 243,301 shares of the technology company’s stock worth $3,192,000 after purchasing an additional 234,539 shares during the period. Panagora Asset Management Inc. boosted its holdings in shares of PDF Solutions by 136.2% in the 2nd quarter. Panagora Asset Management Inc. now owns 188,800 shares of the technology company’s stock worth $2,477,000 after purchasing an additional 108,877 shares during the period. Finally, BlackRock Inc. boosted its holdings in shares of PDF Solutions by 1.9% in the 2nd quarter. BlackRock Inc. now owns 4,228,214 shares of the technology company’s stock worth $55,475,000 after purchasing an additional 77,535 shares during the period. Institutional investors and hedge funds own 78.23% of the company’s stock.
About PDF Solutions
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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