EXFO (NASDAQ:EXFO) (TSE:EXF) posted its quarterly earnings results on Tuesday. The communications equipment provider reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate 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%.
EXFO stock opened at $4.39 on Thursday. EXFO has a 12 month low of $2.12 and a 12 month high of $4.69. The company has a market cap of $251.67 million, a price-to-earnings ratio of -39.91 and a beta of 1.37. The stock’s 50-day moving average is $4.31 and its 200-day moving average is $3.49. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.44 and a quick ratio of 0.97.
Several analysts have commented on EXFO shares. TD Securities increased their price target on shares of EXFO from $3.50 to $4.00 and gave the company a “hold” rating in a research report on Wednesday, January 13th. BMO Capital Markets increased their price objective on shares of EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a research report on Wednesday, January 13th. Zacks Investment Research lowered EXFO from a “buy” rating to a “hold” rating in a research report on Tuesday, March 16th. TheStreet upgraded EXFO from a “d+” rating to a “c-” rating in a report on Tuesday, January 12th. Finally, Canaccord Genuity restated a “hold” rating and issued a $4.00 price objective on shares of EXFO in a report on Thursday. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus 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.
Featured Story: Is the QQQ ETF safe?
Receive News & Ratings for EXFO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EXFO and related companies with MarketBeat.com's FREE daily email newsletter.