Shares of Xcerra (NASDAQ:XCRA) reached a new 52-week high and low on Monday . The stock traded as low as $12.50 and last traded at $12.49, with a volume of 469560 shares trading hands. The stock had previously closed at $12.19.
XCRA has been the subject of several analyst reports. Craig Hallum raised shares of Xcerra from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Stifel Nicolaus raised shares of Xcerra from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. DA Davidson raised shares of Xcerra from a “neutral” rating to a “buy” rating and set a $10.25 price objective for the company in a research report on Friday, February 23rd. ValuEngine cut shares of Xcerra from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 23rd. Finally, Zacks Investment Research raised shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Wednesday, February 28th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $12.50.
The company has a current ratio of 4.79, a quick ratio of 3.59 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $669.41, a price-to-earnings ratio of 26.31, a P/E/G ratio of 1.03 and a beta of 1.43.
Xcerra (NASDAQ:XCRA) last posted its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.08. The firm had revenue of $110.28 million during the quarter, compared to analysts’ expectations of $106.82 million. Xcerra had a net margin of 9.85% and a return on equity of 16.22%. The firm’s quarterly revenue was up 37.6% on a year-over-year basis. During the same quarter last year, the company posted $0.07 EPS. analysts predict that Xcerra will post 0.99 earnings per share for the current year.
Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its holdings in Xcerra by 24.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 278,636 shares of the semiconductor company’s stock worth $2,744,000 after buying an additional 54,151 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in Xcerra during the 3rd quarter worth approximately $398,000. Aperio Group LLC lifted its holdings in Xcerra by 12.8% during the 4th quarter. Aperio Group LLC now owns 60,704 shares of the semiconductor company’s stock worth $594,000 after buying an additional 6,893 shares in the last quarter. Quinn Opportunity Partners LLC lifted its holdings in Xcerra by 47.5% during the 4th quarter. Quinn Opportunity Partners LLC now owns 201,544 shares of the semiconductor company’s stock worth $1,973,000 after buying an additional 64,900 shares in the last quarter. Finally, UBS Asset Management Americas Inc. lifted its holdings in Xcerra by 95.8% during the 4th quarter. UBS Asset Management Americas Inc. now owns 33,472 shares of the semiconductor company’s stock worth $328,000 after buying an additional 16,376 shares in the last quarter. 83.13% of the stock is owned by hedge funds and other institutional investors.
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Xcerra Corporation provides test and handling capital equipment, interface products, and test fixtures and related services to the semiconductor and electronics manufacturing industries worldwide. It operates through two segments, Semiconductor Test Solutions and Electronic Manufacturing Solutions. The company offers Diamond series platform that offers high-density packaging for the testing of microcontrollers, and consumer and digital-based ASSP and ASIC devices; X-Series platform that offers configurations for the testing of analog-based ASSP and ASIC, power, automotive, mixed signal, and RF applications; and ASL platform for testing linear, low-end mixed signal, precision analog, and power management devices.
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