$25.50 Million in Sales Expected for PDF Solutions (PDFS) This Quarter

Brokerages expect that PDF Solutions (NASDAQ:PDFS) will announce $25.50 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for PDF Solutions’ earnings, with the highest sales estimate coming in at $27.00 million and the lowest estimate coming in at $24.00 million. PDF Solutions reported sales of $24.29 million during the same quarter last year, which indicates a positive year over year growth rate of 5%. The firm is scheduled to issue its next earnings report on Thursday, April 26th.

According to Zacks, analysts expect that PDF Solutions will report full year sales of $110.50 million for the current financial year, with estimates ranging from $104.40 million to $116.11 million. For the next fiscal year, analysts forecast that the firm will post sales of $126.14 million per share, with estimates ranging from $118.00 million to $130.42 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that follow PDF Solutions.

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PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, February 15th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $26.80 million for the quarter, compared to the consensus estimate of $26.50 million. PDF Solutions had a negative net margin of 1.31% and a negative return on equity of 0.67%. The business’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 EPS.

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. ValuEngine cut shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. BidaskClub cut shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 16th. Finally, DA Davidson lowered their target price on shares of PDF Solutions to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 16th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $22.00.

NASDAQ PDFS traded down $0.01 on Wednesday, reaching $11.67. The company’s stock had a trading volume of 85,813 shares, compared to its average volume of 210,825. The stock has a market cap of $377.21, a P/E ratio of -291.75, a PEG ratio of 10.43 and a beta of 1.31. PDF Solutions has a 52 week low of $11.07 and a 52 week high of $23.93.

A number of hedge funds and other institutional investors have recently bought and sold shares of PDFS. Sei Investments Co. increased its stake in PDF Solutions by 41.0% in the third quarter. Sei Investments Co. now owns 16,167 shares of the technology company’s stock valued at $250,000 after acquiring an additional 4,698 shares during the period. New York State Common Retirement Fund boosted its position in PDF Solutions by 85.6% in the third quarter. New York State Common Retirement Fund now owns 76,014 shares of the technology company’s stock valued at $1,177,000 after buying an additional 35,062 shares in the last quarter. TD Asset Management Inc. boosted its position in PDF Solutions by 10.2% in the third quarter. TD Asset Management Inc. now owns 45,295 shares of the technology company’s stock valued at $702,000 after buying an additional 4,200 shares in the last quarter. Wells Fargo & Company MN boosted its position in PDF Solutions by 42.9% in the third quarter. Wells Fargo & Company MN now owns 61,269 shares of the technology company’s stock valued at $949,000 after buying an additional 18,390 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in PDF Solutions by 5.3% in the third quarter. Schwab Charles Investment Management Inc. now owns 117,798 shares of the technology company’s stock valued at $1,825,000 after buying an additional 5,954 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

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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.

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