PDF Solutions, Inc. (PDFS) Expected to Announce Earnings of $0.06 Per Share

Wall Street brokerages predict that PDF Solutions, Inc. (NASDAQ:PDFS) will report earnings per share (EPS) of $0.06 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for PDF Solutions’ earnings, with estimates ranging from $0.04 to $0.07. PDF Solutions posted earnings per share of $0.08 during the same quarter last year, which would suggest a negative year-over-year growth rate of 25%. The company is scheduled to issue its next earnings results on Thursday, July 26th.

According to Zacks, analysts expect that PDF Solutions will report full year earnings of $0.38 per share for the current year, with EPS estimates ranging from $0.35 to $0.40. For the next year, analysts expect that the company will post earnings of $0.74 per share, with EPS estimates ranging from $0.48 to $1.00. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Tuesday, May 8th. The technology company reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.03). PDF Solutions had a negative return on equity of 1.14% and a negative net margin of 2.23%. The firm had revenue of $24.74 million during the quarter, compared to analysts’ expectations of $25.62 million. During the same period last year, the company earned $0.08 earnings per share. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year.

A number of brokerages have commented on PDFS. BidaskClub downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. ValuEngine upgraded shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a research note on Tuesday, May 29th. Finally, Zacks Investment Research downgraded shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 16th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $22.00.

PDF Solutions traded down $0.12, reaching $12.24, during midday trading on Friday, MarketBeat.com reports. The stock had a trading volume of 967,286 shares, compared to its average volume of 188,806. PDF Solutions has a 52-week low of $9.61 and a 52-week high of $20.10. The firm has a market capitalization of $395.22 million, a P/E ratio of -306.00 and a beta of 1.33.

Hedge funds have recently modified their holdings of the business. Municipal Employees Retirement System of Michigan bought a new position in PDF Solutions in the 4th quarter worth about $165,000. MetLife Investment Advisors LLC bought a new position in PDF Solutions in the 4th quarter worth about $214,000. Ellington Management Group LLC bought a new position in PDF Solutions in the 4th quarter worth about $259,000. Jefferies Group LLC bought a new position in PDF Solutions in the 4th quarter worth about $264,000. Finally, Thrivent Financial For Lutherans bought a new position in PDF Solutions in the 4th quarter worth about $271,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

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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