Amplifon (OTCMKTS:AMFPF – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10, Zacks reports. Amplifon had a return on equity of 15.03% and a net margin of 3.01%. The business had revenue of $651.38 million for the quarter, compared to analysts’ expectations of $650.02 million.
Amplifon Stock Performance
Shares of AMFPF stock remained flat at $11.21 during trading hours on Friday. The company’s 50-day moving average price is $11.21 and its two-hundred day moving average price is $12.10. The firm has a market cap of $2.47 billion, a PE ratio of 30.30 and a beta of 0.68. Amplifon has a 12-month low of $9.46 and a 12-month high of $22.43. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.73 and a quick ratio of 0.68.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on AMFPF. Citigroup upgraded shares of Amplifon to a “buy” rating in a report on Thursday, July 23rd. Morgan Stanley started coverage on shares of Amplifon in a report on Wednesday, September 2nd. They set an “overweight” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on Amplifon
About Amplifon
Amplifon S.p.A. is an Italy-based hearing-care company that provides hearing solutions and related services to people with hearing loss. Its business includes the distribution and fitting of hearing aids, hearing assessments, personalized counseling, device maintenance, and after-sales support. The company also offers accessories and technologies designed to improve hearing in different environments.
Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has expanded from an Italian specialist into an international hearing-care retailer.
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