Positive News Coverage Somewhat Unlikely to Impact Xcerra (XCRA) Share Price

Headlines about Xcerra (NASDAQ:XCRA) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Xcerra earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 45.6659835348821 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s analysis:

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Several research analysts recently commented on the company. Needham & Company LLC raised Xcerra from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Tuesday. B. Riley reissued a “buy” rating and set a $15.00 target price on shares of Xcerra in a research note on Wednesday, March 21st. BidaskClub raised Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 4th. ValuEngine raised Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research cut Xcerra from a “buy” rating to a “hold” rating in a research note on Thursday, March 1st. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $12.50.

Shares of NASDAQ:XCRA traded up $0.51 on Tuesday, hitting $13.02. 211,207 shares of the company’s stock were exchanged, compared to its average volume of 980,668. The stock has a market cap of $669.41, a P/E ratio of 26.51, a P/E/G ratio of 1.03 and a beta of 1.43. Xcerra has a 1-year low of $9.05 and a 1-year high of $13.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.59 and a current ratio of 4.79.

Xcerra (NASDAQ:XCRA) last released its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.08. The business had revenue of $110.28 million during the quarter, compared to analysts’ expectations of $106.82 million. Xcerra had a return on equity of 16.22% and a net margin of 9.85%. The business’s quarterly revenue was up 37.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.07 EPS. equities research analysts predict that Xcerra will post 0.99 EPS for the current year.

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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.

Insider Buying and Selling by Quarter for Xcerra (NASDAQ:XCRA)

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