Shares of Xcerra Corporation (NASDAQ:XCRA) have been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $10.25.

Several research firms have recently weighed in on XCRA. B. Riley reaffirmed a “neutral” rating and issued a $10.25 price target on shares of Xcerra Corporation in a report on Wednesday, June 7th. Zacks Investment Research cut shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. BidaskClub cut shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. Stifel Nicolaus cut Xcerra Corporation from a “buy” rating to a “hold” rating and increased their target price for the company from $10.00 to $10.25 in a research note on Monday, May 15th. Finally, DA Davidson cut Xcerra Corporation from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.00 to $10.25 in a research note on Monday, April 10th.

A number of hedge funds have recently bought and sold shares of XCRA. Sensato Investors LLC acquired a new stake in Xcerra Corporation during the first quarter valued at about $110,000. FNY Partners Fund LP purchased a new stake in Xcerra Corporation during the first quarter worth $120,000. PEAK6 Investments L.P. purchased a new stake in Xcerra Corporation during the first quarter worth $121,000. Campbell & CO Investment Adviser LLC purchased a new stake in Xcerra Corporation during the first quarter worth $127,000. Finally, SG Americas Securities LLC purchased a new stake in Xcerra Corporation during the first quarter worth $131,000. Institutional investors and hedge funds own 83.05% of the company’s stock.

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Xcerra Corporation (NASDAQ:XCRA) opened at 9.40 on Monday. Xcerra Corporation has a 12-month low of $5.14 and a 12-month high of $10.01. The firm has a market capitalization of $510.11 million, a price-to-earnings ratio of 29.38 and a beta of 1.59. The company’s 50-day moving average price is $9.79 and its 200-day moving average price is $9.18.

Xcerra Corporation (NASDAQ:XCRA) last issued its earnings results on Thursday, June 1st. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.05. The business had revenue of $103.64 million for the quarter, compared to analysts’ expectations of $97.10 million. Xcerra Corporation had a net margin of 4.86% and a return on equity of 6.63%. Equities analysts expect that Xcerra Corporation will post $0.43 EPS for the current fiscal year.

About Xcerra Corporation

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 Corporation (NASDAQ:XCRA)

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