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Xcerra (XCRA) Received $16.0000 Target From Needham; Pax World Management Has Trimmed By $5.59 Million Its Estee Lauder Cos The Class A (EL) Holding

Xcerra Corporation (NASDAQ:XCRA) Logo

Pax World Management Llc decreased Estee Lauder Cos Inc. The Class A (EL) stake by 21.24% reported in 2017Q4 SEC filing. Pax World Management Llc sold 44,008 shares as Estee Lauder Cos Inc. The Class A (EL)’s stock rose 14.83%. The Pax World Management Llc holds 163,214 shares with $20.77 million value, down from 207,222 last quarter. Estee Lauder Cos Inc. The Class A now has $55.47 billion valuation. The stock increased 1.35% or $2.01 during the last trading session, reaching $150.82. About 2.03 million shares traded or 10.72% up from the average. The Estée Lauder Companies Inc. (NYSE:EL) has risen 70.93% since April 17, 2017 and is uptrending. It has outperformed by 59.38% the S&P500.

Needham has raised Xcerra (NASDAQ:XCRA) stock to a Buy in a an analyst note revealed to clients and investors on 17 April, and has set an estimated 12-month target price per share at $16.0000. This target is 27.90% from XCRA’s last price.

The stock increased 2.63% or $0.32 during the last trading session, reaching $12.51. About 742,832 shares traded. Xcerra Corporation (NASDAQ:XCRA) has risen 27.12% since April 17, 2017 and is uptrending. It has outperformed by 15.57% the S&P500.

Analysts await Xcerra Corporation (NASDAQ:XCRA) to report earnings on June, 7. They expect $0.21 EPS, up 23.53% or $0.04 from last year’s $0.17 per share. XCRA’s profit will be $11.53M for 14.89 P/E if the $0.21 EPS becomes a reality. After $0.19 actual EPS reported by Xcerra Corporation for the previous quarter, Wall Street now forecasts 10.53% EPS growth.

Among 6 analysts covering Xcerra (NASDAQ:XCRA), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Xcerra has $15.0 highest and $8 lowest target. $10.88’s average target is -13.03% below currents $12.51 stock price. Xcerra had 12 analyst reports since September 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Friday, February 23. The firm has “Buy” rating given on Friday, February 23 by Craig Hallum. The firm has “Hold” rating given on Monday, May 15 by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, October 26 by Needham. B. Riley & Co downgraded Xcerra Corporation (NASDAQ:XCRA) on Tuesday, April 11 to “Neutral” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, November 18. The firm earned “Neutral” rating on Tuesday, April 11 by DA Davidson. DA Davidson upgraded Xcerra Corporation (NASDAQ:XCRA) on Friday, February 23 to “Buy” rating. The firm has “Hold” rating given on Monday, August 28 by B. Riley & Co. The firm earned “Hold” rating on Wednesday, August 30 by Needham.

Xcerra Corporation provides test and handling capital equipment, interface products, and test fixtures and related services to the semiconductor and electronics manufacturing industries worldwide. The company has market cap of $686.98 million. It operates through two divisions, Semiconductor Test Solutions and Electronic Manufacturing Solutions. It has a 15.29 P/E ratio. The firm offers Diamond series platform that offers high-density packaging for the testing of microcontrollers, and consumer and digital ASSP and ASIC devices; X-Series platform that offers configurations for the testing of analog 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.

Since February 5, 2018, it had 0 buys, and 10 selling transactions for $37.14 million activity. The insider Polcer Gregory sold 46,644 shares worth $6.53M. The insider Haney Carl P. sold 13,050 shares worth $1.80 million. Shares for $3.63M were sold by Trower Alexandra C.. Shares for $685,100 were sold by TRAVIS TRACEY THOMAS. Freda Fabrizio sold $7.69M worth of The Estée Lauder Companies Inc. (NYSE:EL) on Friday, February 16. O’HARE MICHAEL sold 26,203 shares worth $3.50 million. Shares for $4.22M were sold by MOSS SARA E on Friday, February 16.

Analysts await The Estée Lauder Companies Inc. (NYSE:EL) to report earnings on May, 2 before the open. They expect $1.06 earnings per share, up 16.48% or $0.15 from last year’s $0.91 per share. EL’s profit will be $389.84 million for 35.57 P/E if the $1.06 EPS becomes a reality. After $1.52 actual earnings per share reported by The Estée Lauder Companies Inc. for the previous quarter, Wall Street now forecasts -30.26% negative EPS growth.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.17, from 1.03 in 2017Q3. It improved, as 41 investors sold EL shares while 224 reduced holdings. 112 funds opened positions while 206 raised stakes. 188.03 million shares or 1.16% less from 190.23 million shares in 2017Q3 were reported. Jones Collombin Investment Counsel accumulated 235 shares. Regentatlantic Capital Ltd Limited Liability Company has 0.09% invested in The Estée Lauder Companies Inc. (NYSE:EL). Intact Mgmt Inc has invested 0.01% in The Estée Lauder Companies Inc. (NYSE:EL). Bancorp has invested 0.03% of its portfolio in The Estée Lauder Companies Inc. (NYSE:EL). Two Sigma Securities has 2,509 shares. Texas Permanent School Fund holds 0.1% or 61,115 shares. Tudor Invest Et Al holds 3,968 shares. Ls Advsrs Lc reported 8,011 shares. Moreover, Renaissance Technology Ltd Liability Corp has 0.02% invested in The Estée Lauder Companies Inc. (NYSE:EL) for 119,300 shares. C M Bidwell Assocs reported 0.99% in The Estée Lauder Companies Inc. (NYSE:EL). 3,545 were accumulated by Benjamin F Edwards & Communications. Gofen And Glossberg Lc Il, Illinois-based fund reported 35,755 shares. 25 are held by Jfs Wealth Advsrs Llc. 15,383 are held by Atlantic Tru Gp Lc. Georgia-based Vident Investment Advisory Lc has invested 0.03% in The Estée Lauder Companies Inc. (NYSE:EL).

The Estée Lauder Companies Inc. (NYSE:EL) Institutional Positions Chart

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