Equities research analysts forecast that Xcerra (NASDAQ:XCRA) will post $0.21 earnings per share for the current quarter, Zacks reports. Three analysts have provided estimates for Xcerra’s earnings. The highest EPS estimate is $0.21 and the lowest is $0.20. Xcerra reported earnings per share of $0.17 in the same quarter last year, which would suggest a positive year over year growth rate of 23.5%. The firm is scheduled to issue its next earnings report on Thursday, June 7th.
On average, analysts expect that Xcerra will report full year earnings of $0.99 per share for the current fiscal year, with EPS estimates ranging from $0.95 to $1.03. For the next year, analysts forecast that the firm will report earnings of $1.06 per share, with EPS estimates ranging from $1.05 to $1.08. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Xcerra.
Xcerra (NASDAQ:XCRA) last announced its earnings results on Thursday, February 22nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.08. Xcerra had a net margin of 9.85% and a return on equity of 16.22%. The business had revenue of $110.28 million for the quarter, compared to analyst estimates of $106.82 million. During the same quarter last year, the business earned $0.07 earnings per share. The company’s revenue for the quarter was up 37.6% compared to the same quarter last year.
Several equities analysts have recently weighed in on the stock. B. Riley reissued a “buy” rating and issued a $15.00 price target on shares of Xcerra in a research note on Wednesday, March 21st. BidaskClub raised shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 4th. ValuEngine raised shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research downgraded shares of Xcerra from a “buy” rating to a “hold” rating in a research note on Thursday, March 1st. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $11.35.
Hedge funds have recently modified their holdings of the business. Paloma Partners Management Co purchased a new position in Xcerra during the fourth quarter worth about $137,000. Ellington Management Group LLC purchased a new position in Xcerra during the fourth quarter worth about $157,000. Teacher Retirement System of Texas purchased a new position in Xcerra during the fourth quarter worth about $185,000. Dean Capital Investments Management LLC purchased a new position in Xcerra during the fourth quarter worth about $206,000. Finally, Advent Capital Management DE purchased a new position in Xcerra during the fourth quarter worth about $215,000. 82.43% of the stock is currently owned by institutional investors.
NASDAQ:XCRA opened at $11.79 on Friday. The company has a current ratio of 4.79, a quick ratio of 3.59 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $647.45, a PE ratio of 24.06, a price-to-earnings-growth ratio of 0.99 and a beta of 1.43. Xcerra has a twelve month low of $8.81 and a twelve month high of $12.08.
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Xcerra Corporation provides test and handling capital equipment, interface products, and test fixtures and related services to the semiconductor and electronics manufacturing industries worldwide. It operates through two segments, Semiconductor Test Solutions and Electronic Manufacturing Solutions. The company offers Diamond series platform that offers high-density packaging for the testing of microcontrollers, and consumer and digital-based ASSP and ASIC devices; X-Series platform that offers configurations for the testing of analog-based ASSP and ASIC, power, automotive, mixed signal, and RF applications; and ASL platform for testing linear, low-end mixed signal, precision analog, and power management devices.
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