Exfo (NASDAQ:EXFO) (TSE:EXF) released its quarterly earnings data on Monday. The communications equipment provider reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06), Fidelity Earnings reports. Exfo had a negative return on equity of 0.73% and a negative net margin of 2.31%.
EXFO stock opened at $2.98 on Thursday. Exfo has a twelve month low of $2.00 and a twelve month high of $4.95. The company has a market cap of $165.97 million, a PE ratio of -29.80 and a beta of 1.30. The business’s 50-day simple moving average is $3.40 and its 200 day simple moving average is $3.13. The company has a quick ratio of 0.90, a current ratio of 1.30 and a debt-to-equity ratio of 0.06.
EXFO has been the subject of several research reports. TD Securities raised their price objective on Exfo from $3.25 to $3.50 and gave the stock a “hold” rating in a research note on Thursday, July 9th. TheStreet upgraded Exfo from a “d+” rating to a “c” rating in a report on Wednesday, August 5th. ValuEngine upgraded Exfo from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. National Bank Financial dropped 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. Finally, Zacks Investment Research lowered Exfo from a “hold” rating to a “sell” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $3.71.
EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Web-scale operators. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, live fiber detection, network protocol testing, optical power and loss testing, ORL tester, optical time domain reflectometry and iOLM, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.
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