Somewhat Positive News Coverage Somewhat Unlikely to Affect Xcerra Corporation (XCRA) Share Price
News articles about Xcerra Corporation (NASDAQ:XCRA) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Xcerra Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.5571773369714 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Xcerra Corporation (XCRA) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Xcerra Corporation (NASDAQ:XCRA) Files An 8-K Submission of Matters to a Vote of Security Holders (4-traders.com)
- Why Xcerra (XCRA) Stock Might be a Great Pick (finance.yahoo.com)
- Amtech Systems (ASYS) in Focus: Stock Moves 8.3% Higher (finance.yahoo.com)
- Critical Review: Xcerra Corporation (XCRA) and Its Peers (americanbankingnews.com)
XCRA has been the topic of several research analyst reports. ValuEngine upgraded Xcerra Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Needham & Company LLC reiterated a “hold” rating on shares of Xcerra Corporation in a research note on Friday, September 1st. B. Riley reiterated a “neutral” rating and set a $10.25 price target on shares of Xcerra Corporation in a research note on Monday, August 28th. BidaskClub downgraded Xcerra Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Zacks Investment Research upgraded Xcerra Corporation from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Saturday, September 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $10.40.
Xcerra Corporation (NASDAQ:XCRA) traded down 0.20% during mid-day trading on Wednesday, reaching $9.90. The company’s stock had a trading volume of 266,670 shares. The stock’s 50 day moving average is $9.81 and its 200 day moving average is $9.69. Xcerra Corporation has a one year low of $5.32 and a one year high of $10.01. The firm has a market cap of $541.64 million, a PE ratio of 24.15 and a beta of 1.61.
Xcerra Corporation (NASDAQ:XCRA) last posted its earnings results on Wednesday, August 30th. The semiconductor company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.06. Xcerra Corporation had a return on equity of 9.08% and a net margin of 5.77%. The business had revenue of $126.93 million for the quarter, compared to analysts’ expectations of $106.97 million. On average, analysts anticipate that Xcerra Corporation will post $0.75 EPS for the current year.
In related news, VP Pascal Ronde sold 50,000 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $9.74, for a total transaction of $487,000.00. Following the transaction, the vice president now owns 317,250 shares of the company’s stock, valued at $3,090,015. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.60% of the company’s stock.
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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.
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