Amplifon (AMFPF) Projected to Release Quarterly Earnings on Thursday

Amplifon (OTCMKTS:AMFPF) is expected to be announcing its results after the market closes on Thursday, October 29th. Analysts expect Amplifon to announce earnings of $0.1018 per share and revenue of $650.02 million for the quarter.

Amplifon Price Performance

AMFPF stock opened at $11.21 on Tuesday. The stock has a market capitalization of $2.47 billion, a P/E ratio of 12.74 and a beta of 0.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.68 and a current ratio of 0.73. Amplifon has a one year low of $9.46 and a one year high of $22.43. The company has a 50 day moving average price of $11.21 and a two-hundred day moving average price of $12.23.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMFPF. Morgan Stanley began coverage on Amplifon in a report on Wednesday, September 2nd. They set an “overweight” rating on the stock. Citigroup upgraded Amplifon to a “buy” rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Amplifon has a consensus rating of “Moderate Buy”.

Amplifon Company Profile

Amplifon S.p.A. is an Italy-based hearing-care company that provides hearing solutions and related services to people with hearing loss. Its business includes the distribution and fitting of hearing aids, hearing assessments, personalized counseling, device maintenance, and after-sales support. The company also offers accessories and technologies designed to improve hearing in different environments.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has expanded from an Italian specialist into an international hearing-care retailer.