Xcerra (NASDAQ:XCRA) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday.

XCRA has been the topic of a number of other research reports. Zacks Investment Research lowered Xcerra from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 1st. ValuEngine upgraded Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $10.40.

Shares of Xcerra (NASDAQ:XCRA) traded up $0.02 during trading hours on Thursday, hitting $10.04. The stock had a trading volume of 291,400 shares, compared to its average volume of 421,540. Xcerra has a 52-week low of $7.21 and a 52-week high of $10.15. The stock has a market cap of $549.37, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 0.86 and a beta of 1.59. The company has a quick ratio of 3.23, a current ratio of 4.27 and a debt-to-equity ratio of 0.05.

Xcerra (NASDAQ:XCRA) last announced its earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.14. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. The firm had revenue of $120.29 million for the quarter, compared to analyst estimates of $108.30 million. analysts forecast that Xcerra will post 0.97 earnings per share for the current year.

In other Xcerra news, VP Pascal Ronde sold 30,000 shares of the firm’s stock in a transaction on Friday, January 5th. The stock was sold at an average price of $9.96, for a total value of $298,800.00. Following the transaction, the vice president now owns 277,250 shares in the company, valued at approximately $2,761,410. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.60% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. lifted its holdings in Xcerra by 1.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 69,722 shares of the semiconductor company’s stock valued at $424,000 after purchasing an additional 681 shares in the last quarter. Balyasny Asset Management LLC increased its stake 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 acquiring an additional 870 shares during the last quarter. Emerald Mutual Fund Advisers Trust increased its stake in shares of Xcerra by 2.0% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 61,287 shares of the semiconductor company’s stock worth $371,000 after acquiring an additional 1,199 shares during the last quarter. Genesee Valley Trust Co. increased its stake in shares of Xcerra by 8.3% in the 2nd quarter. Genesee Valley Trust Co. now owns 19,590 shares of the semiconductor company’s stock worth $113,000 after acquiring an additional 1,500 shares during the last quarter. Finally, American International Group Inc. increased its stake in shares of Xcerra by 7.1% in the 1st quarter. American International Group Inc. now owns 32,582 shares of the semiconductor company’s stock worth $290,000 after acquiring an additional 2,148 shares during the last quarter. Institutional investors own 84.25% 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.

Analyst Recommendations for Xcerra (NASDAQ:XCRA)

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