Exfo (NASDAQ:EXFO) (TSE:EXF) issued its earnings results on Wednesday. The communications equipment provider reported $0.05 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.05, Fidelity Earnings reports. Exfo had a negative net margin of 2.17% and a positive return on equity of 3.65%. The business had revenue of $70.18 million for the quarter, compared to the consensus estimate of $69.05 million. Exfo updated its Q1 2020 guidance to $-0.05–0.01 EPS.
Exfo stock opened at $3.68 on Thursday. Exfo has a 12-month low of $2.66 and a 12-month high of $4.97. The company has a market capitalization of $206.61 million, a price-to-earnings ratio of 40.89 and a beta of 1.11. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.42 and a quick ratio of 0.97. The firm’s fifty day moving average price is $3.72 and its 200 day moving average price is $3.93.
A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Exfo from a “sell” rating to a “hold” rating in a research note on Tuesday, September 10th. ValuEngine downgraded shares of Exfo from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Northland Securities reissued a “buy” rating and issued a $5.50 target price on shares of Exfo in a research note on Thursday, July 11th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Exfo presently has a consensus rating of “Hold” and a consensus target price of $4.30.
EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Web-scale operators. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, live fiber detection, network protocol testing, optical power and loss testing, ORL tester, optical time domain reflectometry and iOLM, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.
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