Exfo (TSE:EXF) Price Target Cut to C$3.75

Exfo (TSE:EXF) (NASDAQ:EXFO) had its price objective decreased by National Bank Financial from C$4.25 to C$3.75 in a research report sent to investors on Tuesday morning, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Exfo’s Q2 2020 earnings at ($0.03) EPS, FY2020 earnings at $0.24 EPS and FY2021 earnings at $0.40 EPS.

Separately, TD Securities reaffirmed a hold rating and set a C$4.50 target price on shares of Exfo in a research note on Wednesday, January 8th.

Shares of TSE EXF opened at C$4.75 on Tuesday. Exfo has a fifty-two week low of C$4.30 and a fifty-two week high of C$6.70. The company has a 50 day simple moving average of C$5.30 and a two-hundred day simple moving average of C$5.38. The company has a market capitalization of $129.57 million and a price-to-earnings ratio of 53.37. The company has a debt-to-equity ratio of 16.43, a quick ratio of 0.89 and a current ratio of 1.42.

Exfo (TSE:EXF) (NASDAQ:EXFO) last announced its earnings results on Tuesday, January 7th. The company reported C$0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.06 by C($0.01). The business had revenue of C$97.26 million for the quarter, compared to analyst estimates of C$94.09 million. On average, analysts forecast that Exfo will post 0.349999977086745 earnings per share for the current fiscal year.

Exfo Company Profile

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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