Xcerra (XCRA) Downgraded By D.A. Davidson; Martin & Company Has Lifted Lifetime Brands (LCUT) Holding By $595,968

Lifetime Brands, Inc. (NASDAQ:LCUT) Logo

Xcerra (NASDAQ:XCRA)‘s stock was cut to a “Hold” by expert analysts at D.A. Davidson. XCRA’s old rating is no longer valid.

Martin & Company Inc increased Lifetime Brands Inc. (LCUT) stake by 52.01% reported in 2017Q4 SEC filing. Martin & Company Inc acquired 37,248 shares as Lifetime Brands Inc. (LCUT)’s stock declined 26.04%. The Martin & Company Inc holds 108,871 shares with $1.80M value, up from 71,623 last quarter. Lifetime Brands Inc. now has $220.48M valuation. The stock decreased 10.83% or $1.3 during the last trading session, reaching $10.7. About 496,412 shares traded or 1326.76% up from the average. Lifetime Brands, Inc. (NASDAQ:LCUT) has declined 36.87% since May 9, 2017 and is downtrending. It has underperformed by 48.42% the S&P500.

More recent Lifetime Brands, Inc. (NASDAQ:LCUT) news were published by: Seekingalpha.com which released: “More on Lifetime Brands’s Q1 mixed results” on May 08, 2018. Also Globenewswire.com published the news titled: “Lifetime Brands, Inc. Reports First Quarter Financial Results” on May 08, 2018. Nasdaq.com‘s news article titled: “Lifetime Brands to Report First Quarter 2018 Financial Results on Tuesday, May 8, 2018” with publication date: April 23, 2018 was also an interesting one.

Since December 12, 2017, it had 1 insider purchase, and 4 insider sales for $224,060 activity. PHILLIPS CRAIG sold $60,295 worth of Lifetime Brands, Inc. (NASDAQ:LCUT) on Thursday, January 11. Jeary Michael J also bought $38,643 worth of Lifetime Brands, Inc. (NASDAQ:LCUT) on Thursday, March 22.

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.41, from 0.97 in 2017Q3. It increased, as 8 investors sold LCUT shares while 16 reduced holdings. 7 funds opened positions while 26 raised stakes. 10.02 million shares or 17.76% more from 8.51 million shares in 2017Q3 were reported. Stone Ridge Asset Management holds 0.02% or 17,596 shares in its portfolio. Barrow Hanley Mewhinney Strauss Limited Liability Company owns 43,014 shares for 0% of their portfolio. Clarivest Asset Mgmt Limited Liability Corp holds 0.01% in Lifetime Brands, Inc. (NASDAQ:LCUT) or 36,779 shares. California Pub Employees Retirement stated it has 0% of its portfolio in Lifetime Brands, Inc. (NASDAQ:LCUT). Invesco holds 17,504 shares. Bridgeway Cap Mngmt has invested 0.03% of its portfolio in Lifetime Brands, Inc. (NASDAQ:LCUT). Dimensional Fund Ltd Partnership accumulated 1.20 million shares or 0.01% of the stock. Meeder Asset Mngmt invested in 11 shares. First Trust LP owns 10,875 shares. Northern Trust Corp reported 491,303 shares. Tiaa Cref Investment Limited holds 44,459 shares. Axa has 0% invested in Lifetime Brands, Inc. (NASDAQ:LCUT). 15,619 were accumulated by California State Teachers Retirement. Ny State Common Retirement Fund holds 0% or 9,800 shares in its portfolio. Ftb Advisors Inc reported 0% stake.

Among 6 analysts covering Xcerra (NASDAQ:XCRA), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Xcerra has $1600 highest and $8 lowest target. $11.90’s average target is -10.12% below currents $13.24 stock price. Xcerra had 14 analyst reports since September 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, November 18. The rating was maintained by Needham on Thursday, October 26 with “Hold”. The firm earned “Buy” rating on Friday, September 4 by DA Davidson. DA Davidson downgraded the shares of XCRA in report on Tuesday, May 8 to “Neutral” rating. On Tuesday, April 11 the stock rating was downgraded by DA Davidson to “Neutral”. The stock of Xcerra Corporation (NASDAQ:XCRA) earned “Hold” rating by Stifel Nicolaus on Monday, May 15. The rating was maintained by Needham on Wednesday, August 30 with “Hold”. The stock of Xcerra Corporation (NASDAQ:XCRA) earned “Hold” rating by B. Riley & Co on Monday, August 28. The company was downgraded on Tuesday, April 11 by B. Riley & Co. The stock has “Buy” rating by DA Davidson on Friday, February 23.

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 15.76 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.

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 $727.07 million. It operates through two divisions, Semiconductor Test Solutions and Electronic Manufacturing Solutions. It has a 16.19 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.

More important recent Xcerra Corporation (NASDAQ:XCRA) news were published by: Prnewswire.com which released: “WeissLaw LLP: Xcerra Corporation Acquisition May Not Be in the Best Interests of XCRA Shareholders” on May 08, 2018, also Prnewswire.com published article titled: “ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Xcerra Corporation”, Streetinsider.com published: “Pre-Open Movers 05/08: (PI) (VRX) (FRED) Higher; (NVRO) (IONS) (AKCA) Lower (more…)” on May 08, 2018. More interesting news about Xcerra Corporation (NASDAQ:XCRA) was released by: Prnewswire.com and their article: “Shareholder Alert: Ademi & O’Reilly, LLP Investigates whether Xcerra Corporation has obtained a Fair Price in its Sale …” with publication date: May 08, 2018.

Lifetime Brands, Inc. (NASDAQ:LCUT) Institutional Positions Chart

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