BidaskClub Lowers PDF Solutions (PDFS) to Strong Sell

PDF Solutions (NASDAQ:PDFS) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday.

A number of other brokerages also recently commented on PDFS. Northland Securities raised PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a research report on Tuesday, October 3rd. Zacks Investment Research downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. Finally, ValuEngine raised PDF Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, November 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $20.00.

Shares of PDF Solutions (PDFS) traded down $0.10 on Tuesday, hitting $15.58. The company had a trading volume of 112,675 shares, compared to its average volume of 125,540. The stock has a market capitalization of $500.94, a P/E ratio of 111.29, a price-to-earnings-growth ratio of 6.13 and a beta of 1.48. PDF Solutions has a one year low of $14.11 and a one year high of $23.93.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $0.11 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). The business had revenue of $26.50 million for the quarter, compared to analysts’ expectations of $26.67 million. PDF Solutions had a net margin of 4.08% and a return on equity of 2.10%. The business’s revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 earnings per share. equities analysts forecast that PDF Solutions will post 0.04 EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. UBS Asset Management Americas Inc. purchased a new stake in shares of PDF Solutions during the second quarter valued at approximately $178,000. Louisiana State Employees Retirement System purchased a new stake in PDF Solutions in the fourth quarter worth $185,000. Voya Investment Management LLC increased its position in PDF Solutions by 11.0% in the second quarter. Voya Investment Management LLC now owns 15,684 shares of the technology company’s stock worth $258,000 after buying an additional 1,557 shares during the last quarter. Sei Investments Co. increased its position in PDF Solutions by 41.0% in the third quarter. Sei Investments Co. now owns 16,167 shares of the technology company’s stock worth $250,000 after buying an additional 4,698 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in PDF Solutions in the second quarter worth $297,000. 86.23% of the stock is owned by institutional investors.

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PDF Solutions Company Profile

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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