Analysts Set PDF Solutions, Inc. (NASDAQ:PDFS) Target Price at $13.00

PDF Solutions, Inc. (NASDAQ:PDFS) has been given an average recommendation of “Buy” by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $13.00.

Several equities analysts have weighed in on the company. Northland Securities set a $6.00 price objective on EMCORE and gave the company a “buy” rating in a report on Friday, May 24th. BidaskClub raised YY from a “strong sell” rating to a “sell” rating in a report on Thursday, May 30th. Finally, Zacks Investment Research lowered Hallmark Financial Services from a “buy” rating to a “hold” rating in a report on Thursday.

Several institutional investors have recently bought and sold shares of the company. Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of PDF Solutions by 51.8% in the first quarter. Gilder Gagnon Howe & Co. LLC now owns 53,354 shares of the technology company’s stock worth $659,000 after acquiring an additional 18,218 shares during the period. Stephens Inc. AR bought a new position in shares of PDF Solutions in the first quarter worth $217,000. California Public Employees Retirement System boosted its holdings in shares of PDF Solutions by 120.4% in the first quarter. California Public Employees Retirement System now owns 160,149 shares of the technology company’s stock worth $1,978,000 after acquiring an additional 87,500 shares during the period. Comerica Bank boosted its holdings in shares of PDF Solutions by 3.5% in the first quarter. Comerica Bank now owns 27,676 shares of the technology company’s stock worth $369,000 after acquiring an additional 925 shares during the period. Finally, Cowen Prime Services LLC boosted its holdings in shares of PDF Solutions by 6.0% in the first quarter. Cowen Prime Services LLC now owns 788,371 shares of the technology company’s stock worth $9,736,000 after acquiring an additional 44,300 shares during the period. 83.19% of the stock is owned by hedge funds and other institutional investors.



NASDAQ PDFS traded down $0.11 on Friday, hitting $12.84. 98,823 shares of the stock traded hands, compared to its average volume of 93,997. The stock’s fifty day simple moving average is $12.83. PDF Solutions has a 12 month low of $7.56 and a 12 month high of $14.00. The company has a market cap of $419.95 million, a price-to-earnings ratio of -53.50 and a beta of 1.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.90 and a quick ratio of 6.90.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.02. PDF Solutions had a negative return on equity of 5.00% and a negative net margin of 12.23%. The business had revenue of $20.45 million during the quarter, compared to analyst estimates of $19.48 million. During the same period in the prior year, the company earned $0.07 earnings per share. PDF Solutions’s revenue was down 17.3% compared to the same quarter last year. On average, analysts forecast that PDF Solutions will post -0.12 earnings per share for the current fiscal year.

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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