EXFO (NASDAQ:EXFO) (TSE:EXF) issued its earnings results on Monday. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.11, Fidelity Earnings reports. EXFO had a negative return on equity of 2.17% and a negative net margin of 3.59%.
EXFO traded up $0.25 during trading on Wednesday, reaching $3.75. 252,659 shares of the stock traded hands, compared to its average volume of 90,870. The stock has a market cap of $209.15 million, a price-to-earnings ratio of -21.53 and a beta of 1.39. EXFO has a fifty-two week low of $2.00 and a fifty-two week high of $4.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.31 and a quick ratio of 0.97. The stock’s 50-day simple moving average is $3.18 and its two-hundred day simple moving average is $3.29.
A number of equities analysts recently issued reports on the company. TD Securities lifted their target price on EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Wednesday. National Bank Financial lowered their price target on EXFO from $4.00 to $3.50 and set a “sector perform” rating on the stock in a report on Tuesday, October 13th. BMO Capital Markets lifted their price target on EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a report on Wednesday. TheStreet downgraded EXFO from a “c-” rating to a “d+” rating in a report on Monday, November 2nd. Finally, Zacks Investment Research downgraded EXFO from a “hold” rating to a “sell” rating in a report on Thursday, October 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. EXFO currently has an average rating of “Hold” and a consensus target price 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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