EXFO (NASDAQ:EXFO) (TSE:EXF) released its quarterly earnings results on Monday. The communications equipment provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11, Fidelity Earnings reports. EXFO had a negative net margin of 3.59% and a negative return on equity of 2.17%.
EXFO stock traded up $0.20 during mid-day trading on Wednesday, hitting $3.70. The company had a trading volume of 14,090 shares, compared to its average volume of 64,767. The firm has a market cap of $206.36 million, a PE ratio of -21.76 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.97 and a current ratio of 1.31. EXFO has a 12 month low of $2.00 and a 12 month high of $4.33. The stock’s fifty day moving average price is $3.18 and its two-hundred day moving average price is $3.29.
EXFO has been the topic of a number of recent research reports. ValuEngine upgraded shares of EXFO from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. TheStreet cut shares of EXFO from a “c-” rating to a “d+” rating in a report on Monday, November 2nd. TD Securities upped their target price on EXFO from $3.50 to $4.00 and gave the company a “hold” rating in a report on Wednesday. Zacks Investment Research cut EXFO from a “hold” rating to a “sell” rating in a research report on Thursday, October 8th. Finally, BMO Capital Markets boosted their price objective on EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. EXFO has a consensus rating of “Hold” and a consensus target price 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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