Rosenblatt Securities Issues Positive Forecast for PDF Solutions (NASDAQ:PDFS) Stock Price

PDF Solutions (NASDAQ:PDFS) had its price objective raised by Rosenblatt Securities from $31.00 to $33.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

Several other research analysts have also commented on the stock. DA Davidson restated a “buy” rating and issued a $24.00 price objective on shares of PDF Solutions in a report on Tuesday, September 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of PDF Solutions in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, PDF Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

PDF Solutions Stock Down 0.1%

Shares of NASDAQ PDFS opened at $29.18 on Thursday. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.26. PDF Solutions has a 12 month low of $15.91 and a 12 month high of $33.42. The firm has a market capitalization of $1.15 billion, a PE ratio of 1,459.73 and a beta of 1.54. The firm has a fifty day simple moving average of $23.97 and a two-hundred day simple moving average of $21.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDFS. Emerald Mutual Fund Advisers Trust increased its stake in PDF Solutions by 2.3% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 594,610 shares of the technology company’s stock valued at $15,353,000 after purchasing an additional 13,200 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in PDF Solutions by 32.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,088 shares of the technology company’s stock valued at $409,000 after purchasing an additional 3,973 shares in the last quarter. Amalgamated Bank increased its stake in PDF Solutions by 4.0% during the 3rd quarter. Amalgamated Bank now owns 9,237 shares of the technology company’s stock valued at $238,000 after purchasing an additional 359 shares in the last quarter. SG Americas Securities LLC bought a new stake in PDF Solutions during the 3rd quarter valued at about $360,000. Finally, Rice Hall James & Associates LLC increased its stake in PDF Solutions by 74.8% during the 3rd quarter. Rice Hall James & Associates LLC now owns 160,263 shares of the technology company’s stock valued at $4,138,000 after purchasing an additional 68,574 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

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.