ValuEngine upgraded shares of Xcerra (NASDAQ:XCRA) from a buy rating to a strong-buy rating in a research report sent to investors on Sunday morning.

A number of other analysts also recently weighed in on the stock. BidaskClub downgraded shares of Xcerra from a hold rating to a sell rating in a research report on Thursday, December 14th. Zacks Investment Research raised shares of Xcerra from a hold rating to a buy rating and set a $11.00 target price on the stock in a research report on Saturday, December 2nd. Finally, B. Riley reaffirmed a hold rating and issued a $10.25 target price on shares of Xcerra in a research report on Saturday, September 2nd. One analyst has rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $10.40.

Xcerra (NASDAQ:XCRA) traded down $0.01 during trading hours on Friday, hitting $9.79. 415,400 shares of the stock were exchanged, compared to its average volume of 481,443. The stock has a market cap of $537.30, a P/E ratio of 13.23, a PEG ratio of 0.84 and a beta of 1.59. The company has a quick ratio of 3.23, a current ratio of 4.27 and a debt-to-equity ratio of 0.05. Xcerra has a 12-month low of $7.21 and a 12-month high of $10.15.

Xcerra (NASDAQ:XCRA) last released its earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.14. The firm had revenue of $120.29 million for the quarter, compared to the consensus estimate of $108.30 million. Xcerra had a net margin of 9.30% and a return on equity of 14.63%. analysts expect that Xcerra will post 0.97 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP bought a new position in Xcerra in the 3rd quarter worth about $398,000. Algert Global LLC bought a new position in Xcerra in the 3rd quarter worth about $1,864,000. California Public Employees Retirement System boosted its stake in Xcerra by 13.8% in the 3rd quarter. California Public Employees Retirement System now owns 213,761 shares of the semiconductor company’s stock worth $2,106,000 after purchasing an additional 25,861 shares in the last quarter. Burren Capital Advisors Ltd bought a new position in Xcerra in the 3rd quarter worth about $1,311,000. Finally, Boothbay Fund Management LLC bought a new position in Xcerra in the 3rd quarter worth about $3,552,000. Institutional investors own 84.25% of the company’s stock.

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Xcerra 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.

Analyst Recommendations for Xcerra (NASDAQ:XCRA)

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