According to Zacks, “EXFO Inc. is a provider of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers in the global telecommunications industry. The Company operates in two segments: Telecom Division, and the Life Sciences and Industrial Division. The Telecom Division offers a wide range of innovative solutions to assess optical networks, from the core to access, as well as next-generation IP infrastructures and related triple-play services. The Life Sciences and Industrial Division offers solutions in medical device and opto-electronics assembly, fluorescence microscopy and other life science sectors. EXFO Inc., formerly known as EXFO Electro-Optical Engineering Inc., is headquartered in Quebec, Canada. “
A number of other research analysts have also issued reports on EXFO. Northland Securities boosted their target price on Coupa Software from $85.00 to $150.00 and gave the company an average rating in a report on Thursday. ValuEngine lowered WideOpenWest from a hold rating to a sell rating in a report on Friday, June 28th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $4.30.
NASDAQ:EXFO opened at $3.83 on Thursday. The firm has a market capitalization of $212.15 million, a price-to-earnings ratio of 34.82 and a beta of 1.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.97 and a current ratio of 1.42. The company has a 50 day moving average of $3.91. Exfo has a 12-month low of $2.66 and a 12-month high of $4.97.
Exfo (NASDAQ:EXFO) (TSE:EXF) last released its earnings results on Wednesday, July 10th. The communications equipment provider reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.01). The company had revenue of $73.59 million during the quarter, compared to analyst estimates of $74.40 million. Exfo had a negative net margin of 2.17% and a positive return on equity of 3.65%. On average, analysts expect that Exfo will post 0.18 earnings per share for the current fiscal year.
A hedge fund recently raised its stake in Exfo stock. White Pine Capital LLC increased its holdings in shares of Exfo Inc (NASDAQ:EXFO) (TSE:EXF) by 41.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 454,815 shares of the communications equipment provider’s stock after acquiring an additional 133,200 shares during the period. White Pine Capital LLC owned approximately 0.82% of Exfo worth $1,674,000 as of its most recent SEC filing. Institutional investors own 9.68% of the company’s stock.
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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