Zacks: Analysts Expect Xcerra (XCRA) Will Announce Quarterly Sales of $112.70 Million

Analysts expect Xcerra (NASDAQ:XCRA) to announce sales of $112.70 million for the current quarter, according to Zacks. Three analysts have made estimates for Xcerra’s earnings, with the highest sales estimate coming in at $113.00 million and the lowest estimate coming in at $112.50 million. Xcerra posted sales of $103.64 million during the same quarter last year, which suggests a positive year over year growth rate of 8.7%. The business is scheduled to issue its next quarterly earnings results on Thursday, June 7th.

According to Zacks, analysts expect that Xcerra will report full-year sales of $112.70 million for the current financial year, with estimates ranging from $462.60 million to $469.00 million. For the next fiscal year, analysts anticipate that the company will post sales of $487.80 million per share, with estimates ranging from $485.00 million to $491.00 million. Zacks’ sales calculations are an average based on a survey of analysts that follow Xcerra.

Xcerra (NASDAQ:XCRA) last posted its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The company had revenue of $110.28 million for the quarter, compared to analyst estimates of $106.82 million. Xcerra had a return on equity of 16.22% and a net margin of 9.85%. The business’s revenue was up 37.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.07 earnings per share.



A number of equities analysts have commented on the company. BidaskClub raised Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, April 4th. Zacks Investment Research lowered Xcerra from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. ValuEngine lowered Xcerra from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 23rd. Finally, B. Riley reissued a “buy” rating and issued a $15.00 price objective on shares of Xcerra in a research note on Wednesday, March 21st. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $11.63.

Institutional investors have recently bought and sold shares of the business. First Trust Advisors LP acquired a new position in shares of Xcerra during the third quarter valued at $422,000. Bank of New York Mellon Corp lifted its stake in shares of Xcerra by 24.1% during the third quarter. Bank of New York Mellon Corp now owns 278,636 shares of the semiconductor company’s stock valued at $2,744,000 after acquiring an additional 54,151 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Xcerra during the third quarter valued at $398,000. Aperio Group LLC lifted its stake in shares of Xcerra by 12.8% during the fourth quarter. Aperio Group LLC now owns 60,704 shares of the semiconductor company’s stock valued at $594,000 after acquiring an additional 6,893 shares during the period. Finally, Quinn Opportunity Partners LLC lifted its stake in shares of Xcerra by 47.5% during the fourth quarter. Quinn Opportunity Partners LLC now owns 201,544 shares of the semiconductor company’s stock valued at $1,973,000 after acquiring an additional 64,900 shares during the period. 82.43% of the stock is currently owned by institutional investors.

Xcerra stock traded up $0.15 on Friday, reaching $12.19. The company’s stock had a trading volume of 728,661 shares, compared to its average volume of 993,265. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.59 and a current ratio of 4.79. The firm has a market cap of $660.07, a P/E ratio of 24.98, a P/E/G ratio of 1.01 and a beta of 1.43. Xcerra has a twelve month low of $9.05 and a twelve month high of $12.30.

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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.

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Earnings History and Estimates for Xcerra (NASDAQ:XCRA)

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