Xcerra Corp (NASDAQ:XCRA) has been given a consensus recommendation of “Hold” by the nine brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $10.40.

Several equities research analysts have issued reports on the stock. B. Riley reaffirmed a “hold” rating and set a $10.25 price target on shares of Xcerra in a research note on Saturday, September 2nd. Zacks Investment Research raised shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Saturday, December 2nd. Needham & Company LLC reissued a “hold” rating on shares of Xcerra in a research report on Friday, September 1st. Finally, ValuEngine raised shares of Xcerra from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

Shares of Xcerra (NASDAQ XCRA) opened at $9.91 on Thursday. Xcerra has a 12 month low of $6.67 and a 12 month high of $10.15. The stock has a market cap of $538.91, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.63 and a beta of 1.58. The company has a current ratio of 3.61, a quick ratio of 2.78 and a debt-to-equity ratio of 0.06.

Xcerra (NASDAQ:XCRA) last released its quarterly earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.14. Xcerra had a net margin of 9.30% and a return on equity of 15.06%. The company had revenue of $120.29 million for the quarter, compared to analysts’ expectations of $108.30 million. sell-side analysts predict that Xcerra will post 0.97 earnings per share for the current fiscal year.

In related news, VP Pascal Ronde sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $9.74, for a total value of $487,000.00. Following the sale, the vice president now directly owns 317,250 shares of the company’s stock, valued at $3,090,015. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in XCRA. CNH Partners LLC acquired a new position in Xcerra during the second quarter valued at approximately $26,633,000. Paulson & CO. Inc. acquired a new position in Xcerra during the second quarter valued at approximately $24,655,000. Alpine Associates Management Inc. acquired a new position in Xcerra during the second quarter valued at approximately $16,626,000. City Financial Investment Co Ltd acquired a new position in Xcerra during the second quarter valued at approximately $7,330,000. Finally, Goldman Sachs Group Inc. lifted its position in Xcerra by 783.1% during the second quarter. Goldman Sachs Group Inc. now owns 701,940 shares of the semiconductor company’s stock valued at $6,858,000 after buying an additional 622,458 shares in the last quarter. 84.56% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Xcerra (NASDAQ:XCRA)

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