Xcerra Corp. (NASDAQ:XCRA) issued its quarterly earnings results on Thursday. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.02. The firm earned $80.09 million during the quarter, compared to the consensus estimate of $82.04 million. Xcerra Corp. had a return on equity of 0.96% and a net margin of 4.03%. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the company posted ($0.01) EPS.

Shares of Xcerra Corp. (NASDAQ:XCRA) opened at 6.34 on Thursday. The company has a 50-day moving average price of $5.99 and a 200-day moving average price of $6.01. The company has a market cap of $342.24 million, a P/E ratio of 30.48 and a beta of 1.34. Xcerra Corp. has a 52-week low of $4.93 and a 52-week high of $7.60.

Earnings History for Xcerra Corp. (NASDAQ:XCRA)

Hedge funds have recently modified their holdings of the company. D.A. Davidson & CO. boosted its stake in shares of Xcerra Corp. by 20.5% in the third quarter. D.A. Davidson & CO. now owns 603,595 shares of the company’s stock worth $3,657,000 after buying an additional 102,827 shares during the last quarter. Highbridge Capital Management LLC bought a new stake in shares of Xcerra Corp. during the third quarter worth approximately $236,000. The Manufacturers Life Insurance Company bought a new stake in shares of Xcerra Corp. during the third quarter worth approximately $230,000. Two Sigma Advisers LP boosted its stake in shares of Xcerra Corp. by 49.7% in the third quarter. Two Sigma Advisers LP now owns 45,173 shares of the company’s stock worth $274,000 after buying an additional 15,000 shares during the last quarter. Finally, SECOR Capital Advisors LP boosted its stake in shares of Xcerra Corp. by 6.9% in the third quarter. SECOR Capital Advisors LP now owns 100,653 shares of the company’s stock worth $610,000 after buying an additional 6,515 shares during the last quarter. Institutional investors and hedge funds own 80.80% of the company’s stock.

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A number of brokerages have recently issued reports on XCRA. B. Riley reiterated a “buy” rating and set a $7.75 price target on shares of Xcerra Corp. in a research report on Monday. DA Davidson reiterated a “buy” rating and set a $10.00 price target on shares of Xcerra Corp. in a research report on Monday, August 29th. Zacks Investment Research downgraded Xcerra Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, October 12th. Finally, Needham & Company LLC restated a “hold” rating on shares of Xcerra Corp. in a research report on Monday, October 17th.

Xcerra Corp. Company Profile

Xcerra Corporation, formerly LTX-Credence Corporation, is engaged in providing 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, Printed Circuit Board (PCB) Test, Probes/Pins and Fixtures.

5 Day Chart for NASDAQ:XCRA

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