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 $0.05 by ($0.04), MarketWatch Earnings reports. EXFO had a negative return on equity of 1.55% and a negative net margin of 2.25%.
Shares of EXFO stock traded down $0.28 during trading on Thursday, hitting $4.11. 200 shares of the company’s stock traded hands, compared to its average volume of 64,191. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.44 and a quick ratio of 0.97. EXFO has a 1 year low of $2.12 and a 1 year high of $4.69. The stock has a market capitalization of $235.61 million, a P/E ratio of -37.55 and a beta of 1.37. The business has a 50-day simple moving average of $4.31 and a 200-day simple moving average of $3.49.
EXFO has been the topic of a number of recent research reports. Canaccord Genuity reissued a “hold” rating and issued a $4.00 target price on shares of EXFO in a research note on Thursday. TheStreet raised EXFO from a “d+” rating to a “c-” rating in a research note on Tuesday, January 12th. Zacks Investment Research cut EXFO from a “buy” rating to a “hold” rating in a research note on Tuesday, March 16th. TD Securities increased their target price on EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a research note on Wednesday, January 13th. Finally, BMO Capital Markets increased their price objective on EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a research report on Wednesday, January 13th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus 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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