Xcerra Corporation (XCRA) to Release Quarterly Earnings on Wednesday
Xcerra Corporation (NASDAQ:XCRA) will issue its quarterly earnings data before the market opens on Wednesday, August 30th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
Xcerra Corporation (NASDAQ:XCRA) last posted its earnings results on Thursday, June 1st. The semiconductor company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.05. The firm had revenue of $103.64 million during the quarter, compared to analysts’ expectations of $97.10 million. Xcerra Corporation had a return on equity of 6.63% and a net margin of 4.86%. On average, analysts expect Xcerra Corporation to post $0.43 EPS for the current fiscal year and $0.69 EPS for the next fiscal year.
Shares of Xcerra Corporation (XCRA) opened at 9.65 on Tuesday. Xcerra Corporation has a 1-year low of $5.14 and a 1-year high of $10.01. The stock has a market cap of $523.68 million, a PE ratio of 30.16 and a beta of 1.59. The company’s 50-day moving average price is $9.57 and its 200 day moving average price is $9.37.
Several research firms have recently weighed in on XCRA. B. Riley reiterated a “neutral” rating and issued a $10.25 price objective on shares of Xcerra Corporation in a research note on Wednesday, June 7th. BidaskClub lowered Xcerra Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, Stifel Nicolaus lowered Xcerra Corporation from a “buy” rating to a “hold” rating and upped their price objective for the company from $10.00 to $10.25 in a research note on Monday, May 15th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. Xcerra Corporation presently has a consensus rating of “Hold” and an average price target of $10.20.
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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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