Shares of Xcerra Corp (NASDAQ:XCRA) have been assigned an average recommendation of “Hold” from the nine analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $10.25.
XCRA has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Saturday, December 2nd. BidaskClub upgraded shares of Xcerra from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Finally, ValuEngine upgraded shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd.
In other Xcerra news, VP Pascal Ronde sold 30,000 shares of Xcerra stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $9.96, for a total transaction of $298,800.00. Following the completion of the sale, the vice president now directly owns 277,250 shares in the company, valued at $2,761,410. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.60% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently made changes to their positions in the business. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in shares of Xcerra during the fourth quarter valued at about $224,000. MetLife Investment Advisors LLC acquired a new stake in shares of Xcerra during the fourth quarter valued at about $259,000. Millennium Management LLC acquired a new stake in shares of Xcerra during the fourth quarter valued at about $298,000. Paloma Partners Management Co acquired a new stake in shares of Xcerra during the fourth quarter valued at about $137,000. Finally, Ellington Management Group LLC acquired a new stake in shares of Xcerra during the fourth quarter valued at about $157,000. Institutional investors and hedge funds own 86.65% of the company’s stock.
Shares of Xcerra (NASDAQ:XCRA) opened at $9.84 on Tuesday. Xcerra has a 12-month low of $8.08 and a 12-month high of $10.15. The stock has a market cap of $540.04, a PE ratio of 13.67, a P/E/G ratio of 0.85 and a beta of 1.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.23 and a current ratio of 4.27.
Xcerra (NASDAQ:XCRA) last released its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.14. Xcerra had a net margin of 9.30% and a return on equity of 14.63%. The firm had revenue of $120.29 million during the quarter, compared to analysts’ expectations of $108.30 million. analysts predict that Xcerra will post 0.97 EPS for the current year.
Xcerra Company Profile
Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.
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