Zacks: Analysts Anticipate PDF Solutions, Inc. (NASDAQ:PDFS) Will Post Earnings of $0.06 Per Share

Brokerages expect PDF Solutions, Inc. (NASDAQ:PDFS) to report earnings of $0.06 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for PDF Solutions’ earnings. The lowest EPS estimate is $0.05 and the highest is $0.06. PDF Solutions posted earnings of $0.01 per share in the same quarter last year, which would indicate a positive year over year growth rate of 500%. The firm is expected to issue its next quarterly earnings results on Thursday, November 14th.

On average, analysts expect that PDF Solutions will report full year earnings of $0.21 per share for the current fiscal year, with EPS estimates ranging from $0.20 to $0.21. For the next year, analysts expect that the company will report earnings of $0.53 per share, with EPS estimates ranging from $0.50 to $0.55. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, August 1st. The technology company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). PDF Solutions had a negative net margin of 10.61% and a negative return on equity of 4.34%. The company had revenue of $20.57 million for the quarter, compared to analysts’ expectations of $21.43 million. During the same quarter last year, the business posted $0.02 EPS. The business’s quarterly revenue was down 2.6% compared to the same quarter last year.

PDFS has been the subject of a number of analyst reports. Northland Securities reiterated a “buy” rating on shares of PDF Solutions in a research report on Friday, August 2nd. Zacks Investment Research downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, July 31st. BidaskClub downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, ValuEngine downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $14.00.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Aperio Group LLC purchased a new stake in PDF Solutions during the 2nd quarter worth about $25,000. Bank of Montreal Can bought a new stake in PDF Solutions during the 2nd quarter valued at approximately $30,000. BNP Paribas Arbitrage SA boosted its stake in PDF Solutions by 478.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,777 shares of the technology company’s stock valued at $71,000 after purchasing an additional 4,778 shares during the period. Municipal Employees Retirement System of Michigan bought a new stake in PDF Solutions during the 4th quarter valued at approximately $65,000. Finally, JPMorgan Chase & Co. boosted its stake in PDF Solutions by 15.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,764 shares of the technology company’s stock valued at $101,000 after purchasing an additional 1,010 shares during the period. 83.19% of the stock is currently owned by hedge funds and other institutional investors.

Shares of PDFS stock traded down $0.20 during trading hours on Friday, reaching $11.81. 52,933 shares of the stock were exchanged, compared to its average volume of 99,314. The stock has a fifty day moving average price of $12.98. 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 $389.64 million, a price-to-earnings ratio of -49.21 and a beta of 1.32.

PDF Solutions Company Profile

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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