Equities analysts forecast that Exfo Inc (NASDAQ:EXFO) (TSE:EXF) will post earnings per share (EPS) of $0.04 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Exfo’s earnings. Exfo reported earnings per share of $0.02 in the same quarter last year, which suggests a positive year-over-year growth rate of 100%. The company is expected to issue its next earnings results on Wednesday, April 4th.
On average, analysts expect that Exfo will report full-year earnings of $0.24 per share for the current financial year, with EPS estimates ranging from $0.23 to $0.25. For the next year, analysts anticipate that the firm will post earnings of $0.34 per share. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Exfo.
Exfo (NASDAQ:EXFO) (TSE:EXF) last released its quarterly earnings results on Tuesday, January 9th. The communications equipment provider reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. Exfo had a net margin of 0.09% and a return on equity of 5.22%. The business had revenue of $63.39 million during the quarter, compared to analysts’ expectations of $62.80 million.
EXFO has been the subject of a number of research reports. Zacks Investment Research raised shares of Exfo from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Royal Bank of Canada reissued a “hold” rating and issued a $5.25 price target on shares of Exfo in a research note on Monday, October 16th. Northland Securities set a $6.00 price target on shares of Exfo and gave the stock a “buy” rating in a research note on Wednesday, October 11th. National Bank Financial cut their price target on shares of Exfo from $5.50 to $4.75 and set a “sector perform” rating for the company in a research note on Thursday, October 26th. Finally, TheStreet raised shares of Exfo from a “c” rating to a “b-” rating in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Exfo presently has a consensus rating of “Hold” and a consensus price target of $5.35.
A hedge fund recently raised its stake in Exfo stock. JPMorgan Chase & Co. increased its holdings in Exfo Inc (NASDAQ:EXFO) (TSE:EXF) by 107.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,553 shares of the communications equipment provider’s stock after purchasing an additional 14,803 shares during the period. JPMorgan Chase & Co. owned approximately 0.05% of Exfo worth $107,000 as of its most recent SEC filing. Institutional investors and hedge funds own 16.10% of the company’s stock.
Exfo (NASDAQ EXFO) opened at $4.35 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 2.11 and a debt-to-equity ratio of 0.01. Exfo has a 12 month low of $3.72 and a 12 month high of $6.15. The company has a market cap of $241.69, a P/E ratio of 435.00 and a beta of 0.49.
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EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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