Xcerra (XCRA) Getting Somewhat Favorable News Coverage, Study Shows

Media coverage about Xcerra (NASDAQ:XCRA) has trended somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Xcerra earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 44.5459455240811 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research analysts have recently weighed in on XCRA shares. Zacks Investment Research lowered Xcerra from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 1st. BidaskClub lowered Xcerra from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. Finally, ValuEngine upgraded Xcerra from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $10.40.

Shares of Xcerra (NASDAQ XCRA) traded down $0.03 on Wednesday, hitting $10.02. The company had a trading volume of 317,400 shares, compared to its average volume of 428,500. The company has a quick ratio of 3.23, a current ratio of 4.27 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $551.57, a P/E ratio of 13.54, a price-to-earnings-growth 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.

Xcerra (NASDAQ:XCRA) last issued its quarterly earnings results on Wednesday, November 29th. The semiconductor company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.14. The company had revenue of $120.29 million during the quarter, compared to the consensus estimate of $108.30 million. Xcerra had a return on equity of 14.63% and a net margin of 9.30%. sell-side analysts anticipate that Xcerra will post 0.97 EPS for the current year.

In related news, VP Pascal Ronde sold 30,000 shares of the stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $9.96, for a total transaction of $298,800.00. Following the completion of the sale, the vice president now directly owns 277,250 shares of the company’s stock, valued at $2,761,410. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

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About Xcerra

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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