Nokomis Capital L.L.C. cut its stake in shares of Xcerra Corp (NASDAQ:XCRA) by 64.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,368,989 shares of the semiconductor company’s stock after selling 2,474,367 shares during the period. Xcerra makes up 3.0% of Nokomis Capital L.L.C.’s investment portfolio, making the stock its 12th biggest holding. Nokomis Capital L.L.C.’s holdings in Xcerra were worth $13,402,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Sii Investments Inc. WI purchased a new stake in Xcerra during the 3rd quarter valued at approximately $109,000. Paloma Partners Management Co purchased a new stake in Xcerra during the 4th quarter valued at approximately $137,000. LMR Partners LLP purchased a new stake in Xcerra during the 3rd quarter valued at approximately $144,000. Ellington Management Group LLC purchased a new stake in Xcerra during the 4th quarter valued at approximately $157,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Xcerra during the 3rd quarter valued at approximately $186,000. 82.47% of the stock is owned by hedge funds and other institutional investors.
Several analysts have commented on XCRA shares. Zacks Investment Research raised Xcerra from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Saturday, December 2nd. BidaskClub downgraded Xcerra from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. ValuEngine raised Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. DA Davidson raised Xcerra from a “neutral” rating to a “buy” rating and set a $10.25 price objective for the company in a research note on Friday, February 23rd. Finally, Stifel Nicolaus raised Xcerra from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Xcerra presently has a consensus rating of “Hold” and an average price target of $10.40.
Xcerra Corp (NASDAQ XCRA) opened at $10.99 on Wednesday. The stock has a market capitalization of $629.87, a P/E ratio of 12.20, a PEG ratio of 0.97 and a beta of 1.58. Xcerra Corp has a one year low of $8.53 and a one year high of $11.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.23 and a current ratio of 4.27.
Xcerra (NASDAQ:XCRA) last issued its earnings results on Thursday, February 22nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The business had revenue of $110.28 million during the quarter, compared to the consensus estimate of $106.82 million. Xcerra had a return on equity of 16.69% and a net margin of 9.85%. The company’s revenue for the quarter was up 37.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 EPS. research analysts anticipate that Xcerra Corp will post 0.99 earnings per share for the current year.
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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.
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