BidaskClub lowered shares of Xcerra Corporation (NASDAQ:XCRA) from a sell rating to a strong sell rating in a research report report published on Saturday, August 5th.
Other equities analysts have also issued reports about the company. B. Riley reaffirmed a neutral rating and set a $10.25 target price on shares of Xcerra Corporation in a research report on Wednesday, June 7th. Zacks Investment Research lowered Xcerra Corporation from a buy rating to a hold rating in a research report on Tuesday, April 25th. Stifel Nicolaus lowered Xcerra Corporation from a buy rating to a hold rating and upped their target price for the stock from $10.00 to $10.25 in a research report on Monday, May 15th. Craig Hallum lowered Xcerra Corporation from a buy rating to a hold rating and set a $10.25 target price on the stock. in a research report on Tuesday, April 11th. Finally, DA Davidson lowered Xcerra Corporation from a buy rating to a neutral rating and lowered their price target for the company from $12.00 to $10.25 in a research report on Monday, April 10th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $10.20.
Shares of Xcerra Corporation (XCRA) traded up 1.71% on Friday, hitting $9.51. 638,742 shares of the stock traded hands. The stock has a market cap of $516.08 million, a PE ratio of 29.72 and a beta of 1.59. The stock has a 50 day moving average of $9.61 and a 200-day moving average of $9.30. Xcerra Corporation has a 1-year low of $5.14 and a 1-year high of $10.01.
Xcerra Corporation (NASDAQ:XCRA) last posted its quarterly earnings results on Thursday, June 1st. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. The firm had revenue of $103.64 million for the quarter, compared to analysts’ expectations of $97.10 million. Xcerra Corporation had a return on equity of 6.63% and a net margin of 4.86%. On average, equities research analysts expect that Xcerra Corporation will post $0.43 EPS for the current year.
COPYRIGHT VIOLATION WARNING: This piece was reported by BNB Daily and is the property of of BNB Daily. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.baseball-news-blog.com/2017/08/19/xcerra-corporation-nasdaqxcra-downgraded-to-strong-sell-at-bidaskclub-updated.html.
Large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. bought a new stake in Xcerra Corporation during the second quarter worth approximately $106,000. Sensato Investors LLC acquired a new position in shares of Xcerra Corporation during the first quarter worth about $110,000. FNY Partners Fund LP acquired a new position in shares of Xcerra Corporation during the first quarter worth about $120,000. PEAK6 Investments L.P. acquired a new position in shares of Xcerra Corporation during the first quarter worth about $121,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Xcerra Corporation during the first quarter worth about $127,000. 79.02% of the stock is owned by institutional investors and hedge funds.
About Xcerra Corporation
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.
Receive News & Ratings for Xcerra Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcerra Corporation and related companies with MarketBeat.com's FREE daily email newsletter.