EXFO (NASDAQ:EXFO) (TSE:EXF) issued its quarterly earnings data on Tuesday. The communications equipment provider reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04), MarketWatch Earnings reports. EXFO had a negative return on equity of 1.55% and a negative net margin of 2.25%.
Shares of NASDAQ EXFO opened at $4.39 on Thursday. The stock has a fifty day simple moving average of $4.31 and a two-hundred day simple moving average of $3.49. EXFO has a 1-year low of $2.12 and a 1-year high of $4.69. The firm has a market cap of $251.67 million, a price-to-earnings ratio of -39.91 and a beta of 1.37. The company has a current ratio of 1.44, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.
A number of analysts have commented on EXFO shares. BMO Capital Markets boosted their price objective on EXFO from $3.75 to $4.00 and gave the stock a “market perform” rating in a report on Wednesday, January 13th. TD Securities upped their target price on EXFO from $3.50 to $4.00 and gave the company a “hold” rating in a report on Wednesday, January 13th. Zacks Investment Research lowered EXFO from a “buy” rating to a “hold” rating in a report on Tuesday, March 16th. Northland Securities reaffirmed a “buy” rating and issued a $6.00 target price on shares of EXFO in a report on Thursday. Finally, TheStreet raised EXFO from a “d+” rating to a “c-” rating in a report on Tuesday, January 12th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $4.18.
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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