Exfo Given Consensus Rating of “Hold” by Analysts (NASDAQ:EXFO)
Exfo (NASDAQ:EXFO) has earned an average rating of “Hold” from the eight brokerages that are presently covering the company, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $5.28.
Shares of Exfo (NASDAQ:EXFO) traded down 1.65% during mid-day trading on Friday, hitting $4.78. The stock had a trading volume of 5,722 shares. Exfo has a one year low of $3.96 and a one year high of $6.14. The stock has a 50-day moving average of $4.39 and a 200-day moving average of $4.60. The company has a market cap of $288.4 million and a P/E ratio of 347.14.
Exfo (NASDAQ:EXFO) last released its earnings data on Wednesday, June 25th. The company reported $0.03 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.01. The company had revenue of $63.88 million for the quarter, compared to the consensus estimate of $61.25 million. During the same quarter last year, the company posted $0.02 earnings per share. Analysts expect that Exfo will post $0.14 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at CIBC raised their price target on shares of Exfo from $4.00 to $5.00 in a research note on Friday.
EXFO Inc (NASDAQ:EXFO) is a provider of test and service assurance solutions for network operators and equipment manufacturers in the global telecommunications industry.
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