BidaskClub lowered shares of Xcerra Corporation (NASDAQ:XCRA) from a hold rating to a sell rating in a research report report published on Thursday morning.

A number of other research firms have also weighed in on XCRA. B. Riley reaffirmed a neutral rating and set a $10.25 price objective on shares of Xcerra Corporation in a research report on Wednesday, June 7th. Zacks Investment Research downgraded shares of Xcerra Corporation from a buy rating to a hold rating in a research note on Tuesday, April 25th. Stifel Nicolaus downgraded shares of Xcerra Corporation from a buy rating to a hold rating and boosted their target price for the stock from $10.00 to $10.25 in a research note on Monday, May 15th. Craig Hallum downgraded shares of Xcerra Corporation from a buy rating to a hold rating and set a $10.25 target price for the company. in a research note on Tuesday, April 11th. Finally, DA Davidson downgraded shares of Xcerra Corporation from a buy rating to a neutral rating and lowered their target price for the stock from $12.00 to $10.25 in a research note on Monday, April 10th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Xcerra Corporation has an average rating of Hold and an average target price of $10.20.

Shares of Xcerra Corporation (NASDAQ:XCRA) opened at 9.67 on Thursday. Xcerra Corporation has a 52-week low of $5.14 and a 52-week high of $10.01. The firm has a market cap of $524.76 million, a PE ratio of 30.22 and a beta of 1.59. The stock has a 50 day moving average price of $9.81 and a 200-day moving average price of $9.14.

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

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Several institutional investors have recently modified their holdings of XCRA. Sensato Investors LLC acquired a new stake in shares of Xcerra Corporation during the first quarter valued at about $110,000. FNY Partners Fund LP purchased a new position in Xcerra Corporation during the first quarter valued at $120,000. PEAK6 Investments L.P. purchased a new position in Xcerra Corporation during the first quarter valued at $121,000. Campbell & CO Investment Adviser LLC purchased a new position in Xcerra Corporation during the first quarter valued at $127,000. Finally, SG Americas Securities LLC purchased a new position in Xcerra Corporation during the first quarter valued at $131,000. Hedge funds and other institutional investors own 83.13% of the company’s stock.

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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