A number of other brokerages also recently issued reports on XCRA. B. Riley reaffirmed a buy rating and issued a $8.25 price objective on shares of Xcerra Corp. in a research report on Friday, August 26th. DA Davidson reaffirmed a buy rating and issued a $10.00 price objective on shares of Xcerra Corp. in a research report on Monday, August 29th. Finally, Zacks Investment Research downgraded shares of Xcerra Corp. from a hold rating to a sell rating in a research report on Wednesday, October 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $8.06.
Shares of Xcerra Corp. (NASDAQ:XCRA) traded down 0.17% on Monday, hitting $5.72. 106,275 shares of the stock traded hands. The stock has a 50 day moving average price of $5.81 and a 200-day moving average price of $6.00. Xcerra Corp. has a 52 week low of $4.93 and a 52 week high of $7.60. The stock has a market cap of $308.77 million, a price-to-earnings ratio of 27.50 and a beta of 1.40.
Xcerra Corp. (NASDAQ:XCRA) last issued its quarterly earnings data on Thursday, September 1st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.04. Xcerra Corp. had a net margin of 4.03% and a return on equity of 0.96%. The business earned $91.23 million during the quarter, compared to the consensus estimate of $91.76 million. During the same period in the prior year, the firm posted $0.16 EPS. The firm’s quarterly revenue was down 10.7% compared to the same quarter last year. On average, equities research analysts forecast that Xcerra Corp. will post $0.18 EPS for the current year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP boosted its position in Xcerra Corp. by 19.9% in the second quarter. GSA Capital Partners LLP now owns 245,279 shares of the company’s stock worth $1,410,000 after buying an additional 40,629 shares during the last quarter. Emerald Acquisition Ltd. bought a new position in Xcerra Corp. during the second quarter worth $3,791,000. Kalmar Investments Inc. DE boosted its position in Xcerra Corp. by 25.6% in the second quarter. Kalmar Investments Inc. DE now owns 685,670 shares of the company’s stock worth $3,943,000 after buying an additional 139,754 shares during the last quarter. Emerald Advisers Inc. PA boosted its position in Xcerra Corp. by 8.1% in the second quarter. Emerald Advisers Inc. PA now owns 132,252 shares of the company’s stock worth $760,000 after buying an additional 9,923 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its position in Xcerra Corp. by 15.6% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 60,088 shares of the company’s stock worth $346,000 after buying an additional 8,116 shares during the last quarter. Hedge funds and other institutional investors own 86.92% of the company’s stock.
Xcerra Corp. Company Profile
Xcerra Corporation, formerly LTX-Credence Corporation, is engaged in providing 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, Printed Circuit Board (PCB) Test, Probes/Pins and Fixtures.
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