ValuEngine Downgrades PDF Solutions (PDFS) to Strong Sell

PDF Solutions (NASDAQ:PDFS) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a report released on Thursday.

A number of other equities research analysts also recently commented on the company. Zacks Investment Research downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Saturday, February 17th. BidaskClub downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Finally, DA Davidson lowered their price objective on PDF Solutions to $26.00 and set a “buy” rating for the company in a research report on Friday, February 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $22.00.

How to Become a New Pot Stock Millionaire

PDF Solutions stock opened at $11.41 on Thursday. The firm has a market cap of $379.79, a price-to-earnings ratio of -282.75, a P/E/G ratio of 10.50 and a beta of 1.31. PDF Solutions has a fifty-two week low of $11.07 and a fifty-two week high of $23.93.



PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, February 15th. The technology company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $26.80 million during the quarter, compared to the consensus estimate of $26.50 million. PDF Solutions had a negative return on equity of 0.67% and a negative net margin of 1.31%. PDF Solutions’s revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 earnings per share. sell-side analysts forecast that PDF Solutions will post 0.07 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in PDFS. BlackRock Inc. grew its position in shares of PDF Solutions by 99.7% in the fourth quarter. BlackRock Inc. now owns 3,541,188 shares of the technology company’s stock valued at $55,596,000 after purchasing an additional 1,767,884 shares during the period. OppenheimerFunds Inc. purchased a new stake in shares of PDF Solutions in the fourth quarter valued at $15,770,000. Bank of New York Mellon Corp grew its position in shares of PDF Solutions by 110.7% in the fourth quarter. Bank of New York Mellon Corp now owns 347,526 shares of the technology company’s stock valued at $5,456,000 after purchasing an additional 182,576 shares during the period. Rice Hall James & Associates LLC purchased a new stake in shares of PDF Solutions in the fourth quarter valued at $2,571,000. Finally, AlphaOne Investment Services LLC grew its position in shares of PDF Solutions by 50.2% in the fourth quarter. AlphaOne Investment Services LLC now owns 292,100 shares of the technology company’s stock valued at $4,586,000 after purchasing an additional 97,600 shares during the period. 92.37% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: “ValuEngine Downgrades PDF Solutions (PDFS) to Strong Sell” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://stocknewstimes.com/2018/04/21/valuengine-downgrades-pdf-solutions-pdfs-to-strong-sell.html.

PDF Solutions Company Profile

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply