FY2024 EPS Estimates for PDF Solutions Decreased by Analyst

PDF Solutions, Inc. (NASDAQ:PDFS) – Research analysts at DA Davidson reduced their FY2024 earnings per share estimates for shares of PDF Solutions in a report released on Friday, January 17th. DA Davidson analyst W. Jellison now anticipates that the technology company will post earnings per share of $0.29 for the year, down from their prior forecast 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.

Several other research firms also recently commented on PDFS. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research note on Friday, November 8th. Northland Securities reaffirmed an “outperform” rating and set a $45.00 price target on shares of PDF Solutions in a report on Tuesday, December 24th. 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 $28.48 on Monday. The firm has a fifty day moving average price of $29.47 and a 200-day moving average price of $30.83. PDF Solutions has a 1 year low of $26.60 and a 1 year high of $39.70. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 258.93 and a beta of 1.53.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, November 7th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.12). PDF Solutions had a net margin of 2.58% and a return on equity of 3.24%. The business had revenue of $46.41 million for the quarter, compared to the consensus estimate of $45.90 million. During the same quarter last year, the firm posted $0.04 earnings per share.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Inspire Investing LLC grew its position in PDF Solutions by 13.7% in the 4th quarter. Inspire Investing LLC now owns 14,848 shares of the technology company’s stock valued at $402,000 after acquiring an additional 1,793 shares during the last quarter. JPMorgan Chase & Co. grew its stake in PDF Solutions by 41.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 74,075 shares of the technology company’s stock worth $2,347,000 after acquiring an additional 21,877 shares in the last quarter. Franklin Resources Inc. increased its position in shares of PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after acquiring an additional 1,025 shares during the period. Barclays PLC raised its stake in shares of PDF Solutions by 388.4% during the third quarter. Barclays PLC now owns 55,467 shares of the technology company’s stock valued at $1,757,000 after acquiring an additional 44,111 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of PDF Solutions by 1.2% in the third quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company’s stock valued at $23,453,000 after purchasing an additional 9,098 shares during the period. Institutional investors own 79.51% of the company’s stock.

About PDF Solutions

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.