FY2024 EPS Forecast for PDF Solutions Decreased by Analyst

PDF Solutions, Inc. (NASDAQ:PDFS) – Stock analysts at DA Davidson cut their FY2024 earnings per share estimates for shares of PDF Solutions in a research report issued to clients and investors on Friday, January 17th. DA Davidson analyst W. Jellison now expects that the technology company will post earnings of $0.29 per share for the year, down from their previous estimate of $0.30. The consensus estimate for PDF Solutions’ current full-year earnings is $0.30 per share. DA Davidson also issued estimates for PDF Solutions’ Q4 2024 earnings at $0.10 EPS and FY2025 earnings at $0.50 EPS.

A number of other brokerages have also recently commented on PDFS. Northland Securities reaffirmed an “outperform” rating and issued a $45.00 price target on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities reissued a “buy” rating and set a $40.00 target price on shares of PDF Solutions in a research note on Friday, November 8th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

PDF Solutions Price Performance

Shares of PDFS stock opened at $27.88 on Monday. The stock has a market cap of $1.08 billion, a PE ratio of 253.48 and a beta of 1.53. The stock has a 50-day moving average of $29.58 and a 200-day moving average of $30.89. PDF Solutions has a one year low of $26.60 and a one year high of $39.70.

Insiders Place Their Bets

In related news, Director Nancy Erba sold 2,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total value of $61,620.00. Following the transaction, the director now owns 13,739 shares in the company, valued at approximately $423,298.59. This trade represents a 12.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andrzej Strojwas sold 5,030 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the transaction, the insider now owns 94,717 shares in the company, valued at $2,922,019.45. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. Insiders own 11.13% of the company’s stock.

Institutional Trading of PDF Solutions

Several large investors have recently bought and sold shares of PDFS. Meeder Asset Management Inc. acquired a new stake in shares of PDF Solutions during the third quarter valued at about $37,000. GAMMA Investing LLC lifted its stake in PDF Solutions by 77.3% in the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock valued at $54,000 after buying an additional 748 shares during the period. Nisa Investment Advisors LLC lifted its stake in PDF Solutions by 34.7% in the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after buying an additional 526 shares during the period. Olympiad Research LP acquired a new position in shares of PDF Solutions during the third quarter worth approximately $253,000. Finally, XTX Topco Ltd acquired a new position in shares of PDF Solutions during the second quarter worth approximately $370,000. 79.51% of the stock is owned by institutional investors and hedge funds.

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.