Somewhat Positive Media Coverage Somewhat Unlikely to Impact EXFO (EXFO) Share Price

News coverage about EXFO (NASDAQ:EXFO) (TSE:EXF) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. EXFO earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the communications equipment provider an impact score of 46.6269929985826 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

EXFO (NASDAQ EXFO) opened at 4.20 on Wednesday. The firm has a market capitalization of $229.76 million, a P/E ratio of 105.00 and a beta of 0.52. The firm has a 50-day moving average price of $4.10 and a 200-day moving average price of $4.75. EXFO has a 52 week low of $3.46 and a 52 week high of $6.15.

EXFO (NASDAQ:EXFO) (TSE:EXF) last posted its earnings results on Thursday, June 29th. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.06). The business had revenue of $58.50 million during the quarter, compared to the consensus estimate of $61.61 million. EXFO had a net margin of 0.93% and a return on equity of 3.25%. EXFO’s quarterly revenue was down 3.8% compared to the same quarter last year.

A number of equities analysts recently commented on the company. TheStreet downgraded EXFO from a “b” rating to a “c+” rating in a research note on Friday, July 7th. Zacks Investment Research upgraded EXFO from a “sell” rating to a “hold” rating in a research note on Tuesday, May 30th. Royal Bank Of Canada decreased their price target on EXFO from $5.50 to $5.25 and set a “sector perform” rating for the company in a research note on Friday, June 30th. BMO Capital Markets set a $6.00 price target on EXFO and gave the stock a “hold” rating in a research note on Saturday, July 1st. Finally, Northland Securities set a $6.00 price target on EXFO and gave the stock a “buy” rating in a research note on Saturday, July 1st. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $5.63.

COPYRIGHT VIOLATION WARNING: This news story was first reported by Stock Observer and is owned by of Stock Observer. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of international copyright & trademark laws. The correct version of this news story can be viewed at https://www.thestockobserver.com/2017/09/13/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-exfo-exfo-share-price.html.

EXFO Company Profile

EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.

Insider Buying and Selling by Quarter for EXFO (NASDAQ:EXFO)

Receive News & Ratings for EXFO Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EXFO Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply