EXFO (NASDAQ:EXFO) (TSE:EXF) issued its quarterly earnings data on Monday. The communications equipment provider reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.11, Fidelity Earnings reports. EXFO had a negative return on equity of 2.17% and a negative net margin of 3.59%.
Shares of NASDAQ EXFO traded up $0.14 during midday trading on Wednesday, reaching $3.64. The company’s stock had a trading volume of 12,701 shares, compared to its average volume of 64,767. EXFO has a 12-month low of $2.00 and a 12-month high of $4.33. The firm has a 50 day moving average price of $3.18 and a 200-day moving average price of $3.29. The stock has a market capitalization of $203.02 million, a P/E ratio of -21.76 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.31 and a quick ratio of 0.97.
Several brokerages have commented on EXFO. Zacks Investment Research cut EXFO from a “hold” rating to a “sell” rating in a research report on Thursday, October 8th. National Bank Financial reduced their price objective on EXFO from $4.00 to $3.50 and set a “sector perform” rating on the stock in a research note on Tuesday, October 13th. ValuEngine upgraded EXFO from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. TheStreet downgraded EXFO from a “c-” rating to a “d+” rating in a report on Monday, November 2nd. Finally, TD Securities increased their price target on EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.86.
EXFO Company Profile
EXFO Inc provides test, monitoring, and analytics solutions for fixed and mobile network operators, web-scale companies, and optical component and network equipment manufacturers in the communications industry. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, light sources, live fiber detection, network protocol testing, optical fiber multimeter, optical loss testing, OTDR and iOLM, power meters, spectral testing, test function virtualization, test reporting and automation, and variable attenuators products, as well as modular test platforms.
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