PDF Solutions (NASDAQ:PDFS) Shares Gap Down – Time to Sell?
by Doug Wharley · The Cerbat GemPDF Solutions, Inc. (NASDAQ:PDFS – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $51.57, but opened at $46.98. PDF Solutions shares last traded at $46.0360, with a volume of 1,777,497 shares changing hands.
Analyst Upgrades and Downgrades
PDFS has been the topic of a number of analyst reports. Rosenblatt Securities boosted their price target on PDF Solutions from $47.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday. DA Davidson boosted their target price on PDF Solutions from $40.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Sunday. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $50.00.
Get Our Latest Research Report on PDFS
PDF Solutions Trading Down 11.6%
The firm’s 50 day moving average price is $38.51 and its 200-day moving average price is $33.05. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.34 and a quick ratio of 2.34. The stock has a market cap of $1.82 billion, a P/E ratio of 252.33 and a beta of 1.70.
PDF Solutions (NASDAQ:PDFS – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.08. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. The company had revenue of $60.13 million during the quarter, compared to the consensus estimate of $59.71 million. As a group, equities research analysts forecast that PDF Solutions, Inc. will post 0.63 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. UMB Bank n.a. lifted its holdings in shares of PDF Solutions by 138.9% during the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares in the last quarter. Tower Research Capital LLC TRC raised its position in PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after buying an additional 2,442 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in PDF Solutions in the 4th quarter worth about $82,000. Finally, Johnson Financial Group Inc. bought a new position in PDF Solutions during the 3rd quarter valued at about $83,000. 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.