EXFO (NASDAQ:EXFO) (TSE:EXF) released its earnings results on Tuesday. The communications equipment provider reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03), MarketWatch Earnings reports. EXFO had a negative net margin of 2.25% and a negative return on equity of 1.55%.
EXFO stock opened at $4.39 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.44 and a quick ratio of 0.97. The stock has a market capitalization of $251.67 million, a price-to-earnings ratio of -39.91 and a beta of 1.37. EXFO has a 1-year low of $2.12 and a 1-year high of $4.69. The business has a fifty day moving average price of $4.31 and a 200-day moving average price of $3.49.
Several brokerages recently issued reports on EXFO. Canaccord Genuity reissued a “hold” rating and issued a $4.00 price objective on shares of EXFO in a research note on Thursday. Zacks Investment Research cut EXFO from a “buy” rating to a “hold” rating in a research note on Tuesday, March 16th. Northland Securities reissued a “buy” rating and issued a $6.00 price objective on shares of EXFO in a research note on Thursday. TD Securities upped their target price on EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Wednesday, January 13th. Finally, TheStreet upgraded EXFO from a “d+” rating to a “c-” rating in a report on Tuesday, January 12th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. EXFO presently has an average rating of “Hold” and an average target price 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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