EXFO (NASDAQ:EXFO) (TSE:EXF) issued its earnings results on Tuesday. The communications equipment provider reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03), 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 1-year low of $2.12 and a 1-year high of $4.69. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.44 and a quick ratio of 0.97. The stock has a market cap of $251.67 million, a PE ratio of -39.91 and a beta of 1.37. The stock’s fifty day moving average is $4.31 and its two-hundred day moving average is $3.49.
A number of analysts have recently commented on EXFO shares. BMO Capital Markets upped their target price on EXFO from $3.75 to $4.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 13th. TD Securities upped their price target on EXFO from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Wednesday, January 13th. TheStreet raised EXFO from a “d+” rating to a “c-” rating in a report on Tuesday, January 12th. Canaccord Genuity reiterated a “hold” rating and issued a $4.00 price objective on shares of EXFO in a research report on Thursday. Finally, Northland Securities reiterated a “buy” rating and issued a $6.00 price objective on shares of EXFO in a research report on Thursday. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average 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.
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