PDF Solutions (NASDAQ:PDFS) Earns Buy Rating from Northland Securities

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Northland Securities reissued their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note issued to investors on Tuesday, AnalystRatings.com reports. They currently have a $16.00 price target on the technology company’s stock.

“We believe that Exensio is a $40M run rate and growing at a 25% to 30% CAGR.”,” Northland Securities’ analyst wrote.

Other equities analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of PDF Solutions from a buy rating to a hold rating in a research note on Wednesday, July 31st. BidaskClub upgraded shares of PDF Solutions from a hold rating to a buy rating in a research note on Wednesday, September 11th. Finally, ValuEngine downgraded shares of PDF Solutions from a buy rating to a hold rating in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $15.50.

NASDAQ:PDFS opened at $13.23 on Tuesday. The company has a fifty day simple moving average of $12.15 and a two-hundred day simple moving average of $12.64. The company has a market cap of $437.65 million, a price-to-earnings ratio of -55.13 and a beta of 1.35. PDF Solutions has a 52 week low of $7.56 and a 52 week high of $14.00.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, August 1st. The technology company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The business had revenue of $20.57 million during the quarter, compared to analyst estimates of $21.43 million. PDF Solutions had a negative return on equity of 4.34% and a negative net margin of 10.61%. The business’s revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.02 EPS. As a group, research analysts expect that PDF Solutions will post -0.12 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the business. Aperio Group LLC acquired a new position in shares of PDF Solutions in the second quarter worth $25,000. Bank of Montreal Can acquired a new position in shares of PDF Solutions in the second quarter worth $30,000. BNP Paribas Arbitrage SA grew its stake in shares of PDF Solutions by 478.3% in the first quarter. BNP Paribas Arbitrage SA now owns 5,777 shares of the technology company’s stock worth $71,000 after acquiring an additional 4,778 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of PDF Solutions by 15.0% during the second quarter. JPMorgan Chase & Co. now owns 7,764 shares of the technology company’s stock worth $101,000 after purchasing an additional 1,010 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of PDF Solutions during the first quarter worth $132,000. Institutional investors and hedge funds own 78.30% 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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