Xcerra Corp (XCRA) Posts Quarterly Results
Xcerra Corp (NASDAQ:XCRA) issued its quarterly earnings data on Monday. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.05, StockRatingsNetwork.com reports.
In other Xcerra Corp news, CEO David G. Tacelli unloaded 9,300 shares of the company’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $9.08, for a total value of $84,444.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Xcerra Corp (NASDAQ:XCRA) opened at 9.39 on Monday. Xcerra Corp has a 52 week low of $4.05 and a 52 week high of $10.95. The stock has a 50-day moving average of $9.32 and a 200-day moving average of $8.69. The company’s market cap is $454.1 million.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Xcerra Corp from an “outperform” rating to a “neutral” rating in a research note on Friday, May 23rd. They now have a $11.00 price target on the stock. On the ratings front, analysts at Needham & Company LLC raised their price target on shares of Xcerra Corp from $12.00 to $13.00 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $11.75.
Xcerra Corp, formerly LTX-Credence Corporation, provides focused, automated test equipment (NASDAQ:XCRA) solutions for the semiconductor industry.