Zacks Investment Research analysts recently downgraded the rating of PDF Solutions to “Sell” from an earlier “Hold” rating in a report issued by the firm on Saturday, December 19th. Zacks report further mentioned that the company can work on its rate of yield to improve on its product profitability.
PDFS stocks traded at $22.09 this Friday. The company’ current market capitalization stands at $809.16 million. It has a negative PE ratio of 116.26 along with a beta of 1.50 at the moment. The 12-monthly high to low ranges from $26.42 to $8.61. The 50SMA (50 Days Simple Moving Average) stands at $21.26 and its 200SMA stands at $20.16.
NASDAQ: PDFS Stock Analysis
The quarterly earnings report for the previous quarter was released on the 5th of November. The earnings stood at $0.08 EPS as opposed to the general consensus of $0.06. The company’s return on equity stands at 3.15% along with the net margin of 7.12%. The estimated income for the firm was marked at $22.40 million but it made $23.11 million for the quarter. The FY2020 EPS might stand at -0.21 according to analysts.
NASDAQ: PERI has recently been the subject of a lot of reports by research analysts. Some such as ValuEngine, BidAskClub, and so on have posted reports on this company over the last few months. ValuEngine lowered its earlier rating of “buy” to a revised rating of “hold” issued to PDF Solutions. Similarly, BidAskClub issued a research report on the company on September 10 lowering the earlier “buy” rating to a “hold” rating.
Several hedge funds and institutional investors have been involved in the buying and selling of PDF Solutions shares recently. Among the notable ones, Director Gerald Zheyao Yin sold approximately 8,678 shares of NASDAQ: PDFS. With the completion of this deal, he currently owns about 11,023 shares. Insiders own approximately 13.80% of this firm’s stock.