Xcerra Corp (NASDAQ:XCRA) – Investment analysts at DA Davidson upped their FY2018 EPS estimates for Xcerra in a research report issued to clients and investors on Thursday. DA Davidson analyst T. Diffely now forecasts that the semiconductor company will earn $0.79 per share for the year, up from their previous forecast of $0.69.

A number of other research analysts also recently commented on XCRA. BidaskClub downgraded shares of Xcerra from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. B. Riley reiterated a “neutral” rating and set a $10.25 price objective on shares of Xcerra in a research note on Monday, August 28th. Needham & Company LLC reiterated a “hold” rating on shares of Xcerra in a research note on Friday, September 1st. ValuEngine upgraded shares of Xcerra from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research upgraded shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Saturday, September 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $10.40.

Xcerra (XCRA) remained flat at $$9.91 during midday trading on Friday. 240,082 shares of the company’s stock were exchanged, compared to its average volume of 490,786. Xcerra has a 52 week low of $6.48 and a 52 week high of $10.15. The company has a current ratio of 3.61, a quick ratio of 2.78 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $541.10, a P/E ratio of 20.18, a P/E/G ratio of 0.89 and a beta of 1.60.

Xcerra (NASDAQ:XCRA) last posted its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.14. Xcerra had a net margin of 5.77% and a return on equity of 9.08%. The firm had revenue of $120.29 million for the quarter, compared to the consensus estimate of $108.30 million.

In other news, VP Pascal Ronde sold 50,000 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $9.74, for a total value of $487,000.00. Following the transaction, the vice president now directly owns 317,250 shares in the company, valued at approximately $3,090,015. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.60% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. bought a new position in shares of Xcerra in the 2nd quarter worth about $106,000. Sii Investments Inc. WI bought a new position in shares of Xcerra in the 3rd quarter worth about $109,000. Balyasny Asset Management LLC lifted its position in shares of Xcerra by 6.5% in 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 last quarter. LMR Partners LLP bought a new position in shares of Xcerra in the 3rd quarter worth about $144,000. Finally, KCG Holdings Inc. lifted its position in shares of Xcerra by 30.8% in 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 last quarter. Institutional investors own 85.05% of the company’s stock.

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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.

Earnings History and Estimates for Xcerra (NASDAQ:XCRA)

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