EXFO (NASDAQ:EXFO) (TSE:EXF) released its earnings results on Tuesday. The communications equipment provider reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.04), MarketWatch Earnings reports. EXFO had a negative net margin of 2.25% and a negative return on equity of 1.55%.
Shares of NASDAQ:EXFO traded down $0.24 during trading on Thursday, hitting $4.15. The stock had a trading volume of 400 shares, compared to its average volume of 64,191. EXFO has a 12 month low of $2.12 and a 12 month high of $4.69. The company has a market capitalization of $237.91 million, a PE ratio of -37.73 and a beta of 1.37. The firm’s fifty day moving average is $4.31 and its 200 day moving average is $3.49. The company has a quick ratio of 0.97, a current ratio of 1.44 and a debt-to-equity ratio of 0.01.
A number of research firms have issued reports on EXFO. BMO Capital Markets boosted their price objective on shares of EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a report on Wednesday, January 13th. Zacks Investment Research cut EXFO from a “buy” rating to a “hold” rating in a research report on Tuesday, March 16th. TheStreet raised EXFO from a “d+” rating to a “c-” rating in a research note on Tuesday, January 12th. TD Securities raised their price target on shares of EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Wednesday, January 13th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $4.00 target price on shares of EXFO in a research report on Thursday. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. EXFO currently has an average rating of “Hold” and a consensus price target of $4.18.
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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