Stock Mover of the Day: What’s Next for Xcerra Corp After Today’s Big Increase?

Stock Mover of the Day: What's Next for Xcerra Corp After Today's Big Increase?

The stock of Xcerra Corp (NASDAQ:XCRA) is a huge mover today! About 23,513 shares traded hands. Xcerra Corp (NASDAQ:XCRA) has declined 0.17% since March 11, 2016 and is downtrending. It has underperformed by 5.63% the S&P500.
The move comes after 9 months positive chart setup for the $304.88M company. It was reported on Oct, 14 by Barchart.com. We have $10.62 PT which if reached, will make NASDAQ:XCRA worth $259.15 million more.

Xcerra Corp (NASDAQ:XCRA) Ratings Coverage

Out of 2 analysts covering Xcerra (NASDAQ:XCRA), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Xcerra has been the topic of 2 analyst reports since September 4, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, November 18 by Stifel Nicolaus. DA Davidson maintained the shares of XCRA in a report on Friday, September 4 with “Buy” rating.

According to Zacks Investment Research, “Xcerra Corporation engages in designing, manufacturing, and marketing automatic test equipment for the semiconductor industry. Its product portfolio includes Diamond platform; X-Series platform; and ASL platform. The Company also offers various services, such as installation and maintenance of test systems, servicing of spare parts, parts and labor warranties on test systems and instruments, and training on the maintenance and operation of test systems. Xcerra Corporation, formerly known as LTX-Credence Corporation, is headquartered in Norwood, Massachusetts.”

Another recent and important Xcerra Corp (NASDAQ:XCRA) news was published by Fool.com which published an article titled: “Why Xcerra Corporation (Formerly LTX-Credence) Shares Popped Today” on May 22, 2014.

XCRA Company Profile

Xcerra Corporation, incorporated on August 3, 1976, is a well-known provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Firm operates through six divisions: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures. The Semiconductor Test segment includes activities related to the design, manufacture and sale of automated test equipment for the semiconductor industry that is used to test system-on-a-chip, digital, analog and mixed signal integrated circuits. The Semiconductor Handlers segment includes activities related to the design, manufacture and sale of test handlers used in the testing of integrated circuits. The Contactors segment includes activities related to the design, manufacture and sale of test contactors, which serve as the interface between the test handler and the semiconductor device under test. The PCB test segment includes activities related to design, manufacture and sale of equipment used in the testing of bare and loaded printed circuit boards. The Probes/Pins segment includes activities related to the design, manufacture and sale of the physical devices used to connect electronic test equipment to the device under test. The Fixtures segment includes activities related to the design, manufacture and sale of printed circuit board (PCB) test fixtures that enable the transmission of test signals from the loaded PCB to the tester.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment