EXFO (NASDAQ:EXFO) (TSE:EXF) announced its earnings results on Monday. The communications equipment provider reported $0.13 EPS for the quarter, beating the 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 stock traded up $0.26 during midday trading on Wednesday, hitting $3.76. The stock had a trading volume of 11,356 shares, compared to its average volume of 64,767. The firm has a market capitalization of $209.71 million, a price-to-earnings ratio of -21.88 and a beta of 1.39. EXFO has a 52 week low of $2.00 and a 52 week high of $4.33. The stock has a 50-day simple moving average of $3.18 and a 200 day simple moving average of $3.29. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.
A number of analysts have recently 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. Zacks Investment Research lowered shares of EXFO from a “hold” rating to a “sell” rating in a research report on Thursday, October 8th. TheStreet downgraded EXFO from a “c-” rating to a “d+” rating in a report on Monday, November 2nd. Finally, National Bank Financial dropped their price objective on EXFO from $4.00 to $3.50 and set a “sector perform” rating on the stock in a report on Tuesday, October 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. EXFO currently has an average rating of “Hold” and an average price target of $3.71.
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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