Amplifon (OTCMKTS:AMFPF – Get Free Report) announced its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.10, Zacks reports. Amplifon had a net margin of 3.01% and a return on equity of 15.03%. The firm had revenue of $651.38 million during the quarter, compared to analyst estimates of $650.02 million.
Amplifon Stock Performance
Shares of AMFPF stock remained flat at $11.21 during mid-day trading on Friday. The stock’s 50-day simple moving average is $11.21 and its two-hundred day simple moving average is $12.10. The firm has a market cap of $2.47 billion, a P/E ratio of 30.30 and a beta of 0.68. Amplifon has a twelve month low of $9.46 and a twelve month high of $22.43. The company has a current ratio of 0.73, a quick ratio of 0.68 and a debt-to-equity ratio of 0.38.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on AMFPF shares. Morgan Stanley initiated coverage on shares of Amplifon in a research note on Wednesday, September 2nd. They issued an “overweight” rating for the company. Citigroup upgraded Amplifon to a “buy” rating in a 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’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
View Our Latest Research Report on AMFPF
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.
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