Xcerra Corporation (XCRA) Receiving Somewhat Positive News Coverage, Report Shows
Headlines about Xcerra Corporation (NASDAQ:XCRA) have trended somewhat positive on Saturday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xcerra Corporation earned a news impact score of 0.05 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.0086740402712 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Xcerra Corporation (NASDAQ:XCRA) traded down $0.01 on Friday, hitting $9.81. The stock had a trading volume of 213,535 shares, compared to its average volume of 361,249. The company has a quick ratio of 2.78, a current ratio of 3.61 and a debt-to-equity ratio of 0.06. The stock has a market cap of $533.24, a PE ratio of 20.06, a PEG ratio of 0.88 and a beta of 1.59. Xcerra Corporation has a fifty-two week low of $6.26 and a fifty-two week high of $10.01.
Xcerra Corporation (NASDAQ:XCRA) last issued its earnings results on Wednesday, August 30th. The semiconductor company reported $0.25 earnings per share for the quarter, topping the 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 analyst estimates of $106.97 million. research analysts forecast that Xcerra Corporation will post 0.69 EPS for the current fiscal year.
Several research analysts recently commented on the company. Zacks Investment Research downgraded Xcerra Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Needham & Company LLC reissued a “hold” rating on shares of Xcerra Corporation in a research note on Friday, September 1st. B. Riley reissued a “hold” rating and issued a $10.25 price objective on shares of Xcerra Corporation in a research note on Saturday, September 2nd. ValuEngine raised Xcerra Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, BidaskClub downgraded Xcerra Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $10.40.
In other 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 sale, the vice president now owns 317,250 shares of the company’s stock, valued at approximately $3,090,015. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.
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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