EXFO (NASDAQ:EXFO) (TSE:EXF) announced its quarterly earnings data on Monday. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.11, Fidelity Earnings reports. EXFO had a negative net margin of 3.59% and a negative return on equity of 2.17%.
Shares of NASDAQ:EXFO traded up $0.16 during midday trading on Wednesday, reaching $3.66. 14,197 shares of the company’s stock were exchanged, compared to its average volume of 64,767. EXFO has a 12 month low of $2.00 and a 12 month high of $4.33. The firm has a market capitalization of $204.13 million, a PE ratio of -21.53 and a beta of 1.39. The company’s 50 day simple moving average is $3.18 and its two-hundred day simple moving average is $3.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.97 and a current ratio of 1.31.
A number of equities research analysts have recently issued reports on EXFO shares. ValuEngine upgraded shares of EXFO from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. TD Securities upped their target price on shares of EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a research report on Wednesday. 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 report on Wednesday. National Bank Financial decreased their price objective on shares of EXFO from $4.00 to $3.50 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. Finally, TheStreet lowered shares of EXFO from a “c-” rating to a “d+” rating in a research note on Monday, November 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.86.
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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