Crown Advisors Management Inc. bought a new position in shares of Xcerra (NASDAQ:XCRA) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 150,000 shares of the semiconductor company’s stock, valued at approximately $1,748,000. Xcerra makes up about 1.7% of Crown Advisors Management Inc.’s portfolio, making the stock its 28th largest position. Crown Advisors Management Inc. owned approximately 0.27% of Xcerra at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. LSV Asset Management grew its position in Xcerra by 870.0% in the 1st quarter. LSV Asset Management now owns 769,600 shares of the semiconductor company’s stock worth $8,965,000 after purchasing an additional 690,260 shares in the last quarter. State of Wisconsin Investment Board grew its position in Xcerra by 94.7% in the 4th quarter. State of Wisconsin Investment Board now owns 1,226,995 shares of the semiconductor company’s stock worth $12,012,000 after purchasing an additional 596,800 shares in the last quarter. Wells Fargo & Company MN grew its position in Xcerra by 331.1% in the 1st quarter. Wells Fargo & Company MN now owns 759,502 shares of the semiconductor company’s stock worth $8,848,000 after purchasing an additional 583,316 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in Xcerra by 212.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 741,413 shares of the semiconductor company’s stock worth $8,638,000 after purchasing an additional 504,093 shares in the last quarter. Finally, Algert Global LLC bought a new stake in Xcerra in the 1st quarter worth about $5,121,000. 91.05% of the stock is owned by institutional investors.
XCRA has been the subject of a number of recent analyst reports. Needham & Company LLC raised shares of Xcerra from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Tuesday, April 17th. Stifel Nicolaus raised shares of Xcerra from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. DA Davidson raised shares of Xcerra from a “neutral” rating to a “buy” rating and set a $10.25 price objective for the company in a research report on Friday, February 23rd. ValuEngine raised shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Xcerra in a research report on Wednesday, March 21st. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $12.30.
Xcerra stock opened at $13.72 on Tuesday. Xcerra has a twelve month low of $13.55 and a twelve month high of $13.79. The company has a market cap of $746.29 million, a PE ratio of 28.00, a P/E/G ratio of 1.14 and a beta of 1.44. The company has a quick ratio of 3.59, a current ratio of 4.79 and a debt-to-equity ratio of 0.01.
Xcerra (NASDAQ:XCRA) last released its earnings results on Thursday, February 22nd. The semiconductor company reported $0.19 earnings per share for the quarter, beating the Zacks’ 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 firm had revenue of $110.28 million during the quarter, compared to the consensus estimate of $106.82 million. During the same period in the prior year, the firm earned $0.07 EPS. The company’s revenue was up 37.6% compared to the same quarter last year. equities analysts expect that Xcerra will post 0.99 EPS for the current fiscal year.
Xcerra Company Profile
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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