Xcerra Corporation (XCRA) Earns Daily Coverage Optimism Rating of 0.20
News stories about Xcerra Corporation (NASDAQ:XCRA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xcerra Corporation earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.0877045757185 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities research analysts have recently commented on XCRA shares. Zacks Investment Research upgraded shares of Xcerra Corporation from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Saturday, September 2nd. B. Riley reiterated a “neutral” rating and set a $10.25 price objective on shares of Xcerra Corporation in a research note on Monday, August 28th. BidaskClub downgraded shares of Xcerra Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Needham & Company LLC reiterated a “hold” rating on shares of Xcerra Corporation in a research note on Friday, September 1st. Finally, ValuEngine upgraded shares of Xcerra Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Xcerra Corporation presently has an average rating of “Hold” and a consensus target price of $10.40.
Xcerra Corporation (NASDAQ:XCRA) traded up 0.10% during midday trading on Friday, hitting $9.85. 248,222 shares of the stock traded hands. The stock has a market cap of $538.90 million, a price-to-earnings ratio of 24.02 and a beta of 1.60. The company has a 50-day moving average price of $9.57 and a 200 day moving average price of $9.56. Xcerra Corporation has a one year low of $5.32 and a one year high of $10.01.
Xcerra Corporation (NASDAQ:XCRA) last posted its earnings results on Wednesday, August 30th. The semiconductor company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.06. The firm had revenue of $126.93 million for the quarter, compared to the consensus estimate of $106.97 million. Xcerra Corporation had a net margin of 5.77% and a return on equity of 9.08%. Equities research analysts anticipate that Xcerra Corporation will post $0.75 earnings per share for the current year.
In other Xcerra Corporation news, VP Pascal Ronde sold 50,000 shares of the firm’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $9.74, for a total transaction of $487,000.00. Following the transaction, the vice president now directly owns 317,250 shares of the company’s stock, valued at approximately $3,090,015. 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.
Xcerra Corporation 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.
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