PDF Solutions (PDFS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Growth has been hard to come by in recent years, but the Q3 FY2024 report is calling for growth to hit the pace of the latest financial model targets. PDFS acknowledges pockets of weakness in the semiconductor market, which could disrupt its ability to grow as fast as it aimed for. Earnings could double in the next three years if PDFS hits its targets, but the trick is that hitting those targets is not a sure thing.
PDF Solutions, Inc. (NASDAQ:PDFS ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants John Kibarian - President and CEO Adnan Raza - CFO Conference Call Participants Blair Abernethy - Rosenblatt Securities Gus Richard - Northland Capital Markets William Jellison - D. A. Davidson Christian Schwab - Craig-Hallum Capital Group Andrew Wiener - Samjo Management Operator Good day, everyone, and welcome to the PDF Solutions, Inc Conference Call to discuss its Financial Results for the Third Quarter Conference Call ending Monday, September 30, 2024.
PDF Solutions (PDFS) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.20 per share a year ago.
The average of price targets set by Wall Street analysts indicates a potential upside of 34.2% in PDF Solutions (PDFS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
PDF Solutions offers unique semiconductor analytics services, has a $243.2M backlog, and is poised for 25% market cap growth in the next 12-18 months, despite high valuation and volatility risks. Growth is driven by demand for AI and semiconductor analytics tools. Long-term risks include competition, economic slowdowns, and potential volatility tied to high valuation and market uncertainties. Despite the near-term bullish outlook, negative profitability and cyclical earnings suggest caution. Growth is supported by the backlog and partnerships like Sapience with SAP for FY25 gains.
PDF Solutions, Inc. (NASDAQ:PDFS ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants John Kibarian - President, Chief Executive Officer, Director, and Co-Founder Adnan Raza - Executive VP, Finance and Chief Financial Officer Conference Call Participants Blair Abernethy - Rosenblatt Securities Gus Richard - Northland Capital Markets Christian Schwab - Craig-Hallum William Jellison - D.A. Davidson Andrew Wiener - Samjo Management Operator Good day, everyone, and welcome to the PDF Solutions, Inc. Conference Call to discuss its Financial Results for the Second Quarter Conference Call ending Sunday, June 30, 2024.
PDF Solutions (PDFS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.19 per share a year ago.
Panagora Asset Management Inc. increased its holdings in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) by 27.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,823 shares of the technology company’s stock after purchasing an additional 17,825 shares during the period. Panagora Asset Management Inc. owned approximately 0.22% of PDF Solutions worth $2,662,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PDFS. Quadrature Capital Ltd lifted its holdings in PDF Solutions by 1.7% during the 3rd quarter. Quadrature Capital Ltd now owns 19,560 shares of the technology company’s stock valued at $634,000 after purchasing an additional 336 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of PDF Solutions by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 36,544 shares of the technology company’s stock worth $1,184,000 after acquiring an additional 475 shares in the last quarter. Strs Ohio grew its position in PDF Solutions by 2.9% during the 4th quarter. Strs Ohio now owns 17,800 shares of the technology company’s stock worth $572,000 after acquiring an additional 500 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in PDF Solutions by 2.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 37,011 shares of the technology company’s stock valued at $1,199,000 after purchasing an additional 709 shares during the period. Finally, Swiss National Bank boosted its stake in shares of PDF Solutions by 1.2% in the 3rd quarter. Swiss National Bank now owns 66,600 shares of the technology company’s stock valued at $2,158,000 after purchasing an additional 800 shares during the last quarter. Institutional investors own 79.51% of the company’s stock. Insider Activity In other PDF Solutions news, Director Ye Jane Li sold 9,653 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $33.27, for a total value of $321,155.31. Following the sale, the director now owns 12,132 shares in the company, valued at approximately $403,631.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other PDF Solutions news, CFO Adnan Raza sold 1,343 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $34.52, for a total transaction of $46,360.36. Following the sale, the chief financial officer now directly owns 74,369 shares of the company’s stock, valued at $2,567,217.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ye Jane Li sold 9,653 shares of PDF Solutions stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $33.27, for a total transaction of $321,155.31. Following the completion of the transaction, the director now directly owns 12,132 shares of the company’s stock, valued at approximately $403,631.64. The disclosure for this sale can be found here. Insiders have sold 22,174 shares of company stock worth $747,085 in the last 90 days. Corporate insiders own 11.21% of the company’s stock. PDF Solutions Price Performance PDF Solutions stock opened at $34.37 on Monday. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 687.40 and a beta of 1.48. The company’s 50 day simple moving average is $32.53 and its 200 day simple moving average is $31.99. PDF Solutions, Inc. has a fifty-two week low of $26.12 and a fifty-two week high of $48.02. PDF Solutions (NASDAQ:PDFS – Get Free Report) last posted its earnings results on Thursday, May 9th. The technology company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.14). PDF Solutions had a return on equity of 4.83% and a net margin of 1.42%. The firm had revenue of $41.31 million during the quarter, compared to analyst estimates of $41.20 million. During the same quarter last year, the business posted $0.08 earnings per share. As a group, analysts predict that PDF Solutions, Inc. will post 0.37 EPS for the current fiscal year. Analyst Upgrades and Downgrades Several equities analysts recently weighed in on PDFS shares. StockNews.com lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, February 16th. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 price target on shares of PDF Solutions in a research note on Friday, May 10th. Get Our Latest Research Report on PDF Solutions About PDF Solutions (Free Report) 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.