Exfo Inc (NASDAQ:EXFO) (TSE:EXF) – Analysts at National Bank Financial decreased their Q2 2018 EPS estimates for shares of Exfo in a report issued on Tuesday. National Bank Financial analyst R. Tse now anticipates that the communications equipment provider will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.06. National Bank Financial currently has a “Sector Perform” rating and a $4.75 price target on the stock. National Bank Financial also issued estimates for Exfo’s FY2018 earnings at $0.23 EPS and FY2019 earnings at $0.34 EPS.
Other equities analysts have also issued reports about the stock. TheStreet raised shares of Exfo from a “c” rating to a “b-” rating in a report on Thursday, November 16th. Northland Securities set a $6.00 price objective on shares of Exfo and gave the company a “buy” rating in a report on Wednesday, October 11th. Royal Bank of Canada reissued a “hold” rating and set a $5.25 price objective on shares of Exfo in a report on Monday, October 16th. Canaccord Genuity reissued a “hold” rating and set a $4.75 price objective on shares of Exfo in a report on Sunday, October 15th. Finally, BMO Capital Markets set a $6.00 price objective on shares of Exfo and gave the company a “hold” rating in a report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $5.35.
Shares of Exfo (EXFO) traded up $0.15 during mid-day trading on Thursday, reaching $4.45. 535,563 shares of the company traded hands, compared to its average volume of 11,383. The stock has a market capitalization of $235.93, a price-to-earnings ratio of 445.00 and a beta of 0.49. The company has a current ratio of 2.11, a quick ratio of 1.77 and a debt-to-equity ratio of 0.01. Exfo has a 12 month low of $3.72 and a 12 month high of $6.15.
A hedge fund recently raised its stake in Exfo stock. JPMorgan Chase & Co. boosted its holdings in shares of Exfo Inc (NASDAQ:EXFO) (TSE:EXF) by 107.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,553 shares of the communications equipment provider’s stock after buying an additional 14,803 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.05% of Exfo worth $107,000 as of its most recent SEC filing. 16.11% of the stock is currently owned by institutional investors and hedge funds.
TRADEMARK VIOLATION NOTICE: “Q2 2018 EPS Estimates for Exfo Inc Decreased by Analyst (EXFO)” was posted by Stock Observer and is owned by of Stock Observer. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.thestockobserver.com/2018/01/13/q2-2018-eps-estimates-for-exfo-inc-decreased-by-analyst-exfo.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.
Receive News & Ratings for Exfo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exfo and related companies with MarketBeat.com's FREE daily email newsletter.