Brokerages expect Xcerra Corporation (NASDAQ:XCRA) to announce $108.30 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Xcerra Corporation’s earnings, with estimates ranging from $106.60 million to $110.00 million. Xcerra Corporation posted sales of $80.09 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 35.2%. The company is expected to issue its next earnings report on Thursday, December 7th.

On average, analysts expect that Xcerra Corporation will report full-year sales of $108.30 million for the current fiscal year, with estimates ranging from $410.00 million to $437.00 million. For the next fiscal year, analysts expect that the company will report sales of $0.00 per share. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that follow Xcerra Corporation.

Xcerra Corporation (NASDAQ:XCRA) last posted its quarterly earnings results on Wednesday, August 30th. The semiconductor company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. Xcerra Corporation had a return on equity of 9.08% and a net margin of 5.77%. The business had revenue of $126.93 million for the quarter, compared to analysts’ expectations of $106.97 million.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut Xcerra Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub cut Xcerra Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. B. Riley restated a “hold” rating and issued a $10.25 price target on shares of Xcerra Corporation in a research note on Saturday, September 2nd. Needham & Company LLC restated a “hold” rating on shares of Xcerra Corporation in a research note on Friday, September 1st. Finally, ValuEngine upgraded Xcerra Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $10.40.

In other Xcerra Corporation news, VP Pascal Ronde sold 50,000 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $9.74, for a total transaction of $487,000.00. Following the transaction, the vice president now owns 317,250 shares in the company, valued at approximately $3,090,015. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. bought a new position in Xcerra Corporation during the 2nd quarter worth $106,000. Sii Investments Inc. WI bought a new position in Xcerra Corporation during the 3rd quarter worth $109,000. Balyasny Asset Management LLC increased its position in Xcerra Corporation by 6.5% during the 2nd quarter. Balyasny Asset Management LLC now owns 14,341 shares of the semiconductor company’s stock worth $140,000 after buying an additional 870 shares during the period. LMR Partners LLP bought a new position in Xcerra Corporation during the 3rd quarter worth $144,000. Finally, KCG Holdings Inc. increased its position in Xcerra Corporation by 30.8% during the 1st quarter. KCG Holdings Inc. now owns 16,032 shares of the semiconductor company’s stock worth $143,000 after buying an additional 3,774 shares during the period. Hedge funds and other institutional investors own 86.82% of the company’s stock.

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Shares of Xcerra Corporation (NASDAQ XCRA) opened at $9.91 on Wednesday. Xcerra Corporation has a 12 month low of $6.26 and a 12 month high of $10.01. The company has a quick ratio of 2.78, a current ratio of 3.61 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $537.04, a price-to-earnings ratio of 20.02, a P/E/G ratio of 0.88 and a beta of 1.59.

Xcerra Corporation 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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Earnings History and Estimates for Xcerra Corporation (NASDAQ:XCRA)

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