The FY2017 EPS Estimates for Xcerra Corp (XCRA) Boosted by B. Riley

The FY2017 EPS Estimates for Xcerra Corp (XCRA) Boosted by B. Riley

Xcerra Corp (NASDAQ:XCRA) – Equities researchers at B. Riley upped their FY2017 earnings per share estimates for shares of Xcerra Corp in a research report issued on Thursday. B. Riley analyst C. Ellis now forecasts that the semiconductor company will earn $0.44 per share for the year, up from their prior estimate of $0.34. B. Riley currently has a “Neutral” rating and a $10.25 target price on the stock. B. Riley also issued estimates for Xcerra Corp’s Q4 2017 earnings at $0.22 EPS, Q1 2018 earnings at $0.18 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.23 EPS, Q4 2018 earnings at $0.28 EPS and FY2018 earnings at $0.86 EPS.

Several other equities research analysts have also recently weighed in on XCRA. Needham & Company LLC reiterated a “hold” rating on shares of Xcerra Corp in a research note on Tuesday, February 21st. TheStreet upgraded shares of Xcerra Corp from a “c” rating to a “b-” rating in a research note on Tuesday, February 21st. Zacks Investment Research cut shares of Xcerra Corp from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 24th. DA Davidson cut shares of Xcerra Corp from a “buy” rating to a “neutral” rating and reduced their target price for the company from $12.00 to $10.25 in a research note on Monday, April 10th. Finally, Craig Hallum cut shares of Xcerra Corp from a “buy” rating to a “hold” rating and set a $10.25 target price for the company. in a research note on Tuesday, April 11th. Six investment analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus price target of $10.20. Shares of Xcerra Corp (NASDAQ XCRA) opened at 9.92 on Monday. The firm’s 50-day moving average price is $9.74 and its 200 day moving average price is $8.41. Xcerra Corp has a 52 week low of $5.14 and a 52 week high of $10.01. The firm has a market cap of $538.27 million, a PE ratio of 41.33 and a beta of 1.28.

A number of hedge funds and other institutional investors have recently made changes to their positions in XCRA. Pacific Ridge Capital Partners LLC boosted its position in shares of Xcerra Corp by 305.5% in the third quarter. Pacific Ridge Capital Partners LLC now owns 518,248 shares of the semiconductor company’s stock worth $3,141,000 after buying an additional 390,458 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Xcerra Corp by 20.5% in the third quarter. D.A. Davidson & CO. now owns 603,595 shares of the semiconductor company’s stock worth $3,657,000 after buying an additional 102,827 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in shares of Xcerra Corp during the fourth quarter worth approximately $3,791,000. State Street Corp boosted its position in shares of Xcerra Corp by 5.3% in the fourth quarter. State Street Corp now owns 1,228,491 shares of the semiconductor company’s stock worth $9,387,000 after buying an additional 62,149 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Xcerra Corp by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,669,681 shares of the semiconductor company’s stock worth $20,397,000 after buying an additional 104,217 shares in the last quarter. Hedge funds and other institutional investors own 83.42% of the company’s stock. About Xcerra Corp

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:XCRA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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