Xcerra (NASDAQ:XCRA) released its earnings results on Wednesday. The semiconductor company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.04, Briefing.com reports. The company had revenue of $115.70 million for the quarter, compared to the consensus estimate of $112.73 million. Xcerra had a net margin of 9.85% and a return on equity of 16.22%. The company’s quarterly revenue was up 11.7% on a year-over-year basis.
XCRA stock opened at $13.93 on Thursday. The firm has a market capitalization of $769.90 million, a PE ratio of 28.43, a price-to-earnings-growth ratio of 1.18 and a beta of 1.44. The company has a current ratio of 4.79, a quick ratio of 3.59 and a debt-to-equity ratio of 0.01. Xcerra has a 12 month low of $9.20 and a 12 month high of $14.17.
XCRA has been the topic of several research analyst reports. ValuEngine raised shares of Xcerra from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded shares of Xcerra from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. BidaskClub raised shares of Xcerra from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. DA Davidson raised shares of Xcerra from a “neutral” rating to a “buy” rating and set a $10.25 price objective on the stock in a report on Friday, February 23rd. Finally, Stifel Nicolaus raised shares of Xcerra from a “hold” rating to a “buy” rating in a report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $12.81.
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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