Amplifon (OTCMKTS:AMFPF) Stock Rating Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Amplifon (OTCMKTS:AMFPF – Free Report) from a hold rating to a strong sell rating in a report published on Tuesday,Zacks reports.

A number of other equities research analysts also recently weighed in on AMFPF. Citigroup upgraded shares of Amplifon to a “buy” rating in a research note on Thursday, July 23rd. Morgan Stanley started coverage on shares of Amplifon in a research report on Wednesday, September 2nd. They set an “overweight” rating for the company. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Get Our Latest Analysis on AMFPF

Amplifon Stock Performance

OTCMKTS:AMFPF opened at $11.21 on Tuesday. The stock’s 50-day simple moving average is $11.21 and its 200 day simple moving average is $12.02. The firm has a market capitalization of $2.47 billion, a PE ratio of 30.30 and a beta of 0.67. The company has a quick ratio of 0.68, a current ratio of 0.73 and a debt-to-equity ratio of 0.38. Amplifon has a twelve month low of $9.46 and a twelve month high of $22.43.

Amplifon (OTCMKTS:AMFPF – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10. The firm had revenue of $651.38 million for the quarter, compared to analysts’ expectations of $650.02 million. Amplifon had a return on equity of 14.94% and a net margin of 3.12%. On average, analysts anticipate that Amplifon will post 0.85 EPS for the current fiscal year.

About Amplifon

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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.

Further Reading

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