Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Xcerra (XCRA) Stock Price
Media coverage about Xcerra (NASDAQ:XCRA) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Xcerra earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 44.5459455240811 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Xcerra (XCRA) traded down $0.03 during midday trading on Wednesday, hitting $10.02. The stock had a trading volume of 317,400 shares, compared to its average volume of 428,500. The stock has a market capitalization of $551.57, a PE ratio of 13.54, a PEG ratio of 0.86 and a beta of 1.59. Xcerra has a one year low of $7.21 and a one year high of $10.15. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.23 and a current ratio of 4.27.
Xcerra (NASDAQ:XCRA) last announced its quarterly earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.14. The company had revenue of $120.29 million during the quarter, compared to analysts’ expectations of $108.30 million. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. analysts predict that Xcerra will post 0.97 EPS for the current fiscal year.
A number of analysts have issued reports on XCRA shares. Zacks Investment Research raised Xcerra from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Saturday, December 2nd. ValuEngine raised Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Finally, BidaskClub downgraded Xcerra from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $10.40.
In other news, VP Pascal Ronde sold 30,000 shares of Xcerra 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 completion of the transaction, the vice president now directly owns 277,250 shares in the company, valued at $2,761,410. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.60% of the stock is currently owned by insiders.
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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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