Northland Securities restated their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research report released 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 commented.

Several other equities research analysts have also recently issued reports on PDFS. ValuEngine cut PDF Solutions from a buy rating to a hold rating in a report on Tuesday, August 6th. BidaskClub upgraded PDF Solutions from a hold rating to a buy rating in a report on Wednesday, September 11th. Finally, Zacks Investment Research cut PDF Solutions from a buy rating to a hold rating in a report on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. PDF Solutions presently has a consensus rating of Buy and an average target price of $15.50.

PDFS stock opened at $13.23 on Tuesday. PDF Solutions has a 12-month low of $7.56 and a 12-month high of $14.00. The stock has a market cap of $437.65 million, a price-to-earnings ratio of -55.13 and a beta of 1.35. The business’s 50-day moving average is $12.15 and its 200 day moving average is $12.64.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDFS. Aperio Group LLC purchased a new position in PDF Solutions in the 2nd quarter worth approximately $25,000. Bank of Montreal Can purchased a new position in PDF Solutions in the 2nd quarter worth approximately $30,000. BNP Paribas Arbitrage SA lifted its stake in PDF Solutions by 478.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 5,777 shares of the technology company’s stock worth $71,000 after purchasing an additional 4,778 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in PDF Solutions by 15.0% in the 2nd 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 purchased a new position in PDF Solutions in the 1st quarter worth approximately $132,000. 78.30% of the stock is currently owned by institutional investors and hedge funds.

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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