PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) – Equities researchers at DA Davidson issued their Q3 2023 earnings estimates for shares of PDF Solutions in a report issued on Wednesday, August 9th. DA Davidson analyst T. Diffely anticipates that the technology company will post earnings per share of $0.02 for the quarter. DA Davidson has a “Buy” rating and a $48.00 price target on the stock. The consensus estimate for PDF Solutions’ current full-year earnings is $0.21 per share.
PDFS has been the subject of several other research reports. Rosenblatt Securities lifted their price target on shares of PDF Solutions from $42.50 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. StockNews.com assumed coverage on shares of PDF Solutions in a research report on Thursday, May 18th. They issued a “buy” rating for the company.
PDF Solutions Trading Down 4.0 %
NASDAQ PDFS opened at $34.57 on Monday. The company has a fifty day simple moving average of $43.93 and a 200 day simple moving average of $40.17. PDF Solutions has a 12-month low of $21.36 and a 12-month high of $48.02. The company has a market cap of $1.32 billion, a P/E ratio of 150.30 and a beta of 1.42.
Hedge Funds Weigh In On PDF Solutions
Several large investors have recently bought and sold shares of the stock. Arizona State Retirement System lifted its stake in PDF Solutions by 3.9% during the 1st quarter. Arizona State Retirement System now owns 8,665 shares of the technology company’s stock valued at $367,000 after acquiring an additional 323 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of PDF Solutions by 33.2% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,700 shares of the technology company’s stock worth $77,000 after purchasing an additional 424 shares during the period. Barclays PLC raised its stake in shares of PDF Solutions by 2.9% during the 2nd quarter. Barclays PLC now owns 15,705 shares of the technology company’s stock worth $708,000 after purchasing an additional 446 shares during the period. Rhumbline Advisers raised its stake in shares of PDF Solutions by 0.6% during the 2nd quarter. Rhumbline Advisers now owns 86,744 shares of the technology company’s stock worth $3,912,000 after purchasing an additional 478 shares during the period. Finally, MetLife Investment Management LLC raised its stake in shares of PDF Solutions by 3.2% during the 2nd quarter. MetLife Investment Management LLC now owns 16,194 shares of the technology company’s stock worth $730,000 after purchasing an additional 509 shares during the period. 71.76% of the stock is currently owned by institutional investors.
PDF Solutions Company Profile
PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.
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