EXFO (NASDAQ:EXFO) (TSE:EXF) issued its quarterly earnings data on Tuesday. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.04), MarketWatch Earnings reports. EXFO had a negative return on equity of 1.55% and a negative net margin of 2.25%.
EXFO stock opened at $4.39 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.44 and a debt-to-equity ratio of 0.01. EXFO has a twelve month low of $2.12 and a twelve month high of $4.69. The stock has a market capitalization of $251.67 million, a price-to-earnings ratio of -39.91 and a beta of 1.37. The firm’s fifty day simple moving average is $4.31 and its two-hundred day simple moving average is $3.49.
Several analysts have issued reports on EXFO shares. Zacks Investment Research cut shares of EXFO from a “buy” rating to a “hold” rating in a research note on Tuesday, March 16th. BMO Capital Markets increased their target price on shares of EXFO from $3.75 to $4.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 13th. Northland Securities reaffirmed a “buy” rating and set a $6.00 target price on shares of EXFO in a report on Thursday. Canaccord Genuity reaffirmed a “hold” rating and set a $4.00 target price on shares of EXFO in a report on Thursday. Finally, TD Securities increased their price target on shares of EXFO from $3.50 to $4.00 and gave the company a “hold” rating in a research report on Wednesday, January 13th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $4.18.
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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