EXFO (NASDAQ:EXFO) (TSE:EXF) released its quarterly earnings data on Monday. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, beating the 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 EXFO traded up $0.14 during mid-day trading on Wednesday, hitting $3.64. The company’s stock had a trading volume of 12,701 shares, compared to its average volume of 64,767. The company’s 50-day moving average is $3.18 and its 200-day moving average is $3.29. EXFO has a 52-week low of $2.00 and a 52-week high of $4.33. The firm has a market capitalization of $203.02 million, a price-to-earnings ratio of -21.76 and a beta of 1.39. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.
Several equities research analysts have issued reports on EXFO shares. ValuEngine raised shares of EXFO from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. National Bank Financial lowered their price objective on shares of EXFO from $4.00 to $3.50 and set a “sector perform” rating for the company in a research report on Tuesday, October 13th. TheStreet cut shares of EXFO from a “c-” rating to a “d+” rating in a research report on Monday, November 2nd. BMO Capital Markets boosted their price objective on shares of EXFO from $3.75 to $4.00 and gave the company a “market perform” rating in a research report on Wednesday. Finally, Zacks Investment Research cut shares of EXFO from a “hold” rating to a “sell” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average 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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