Exfo Inc (EXFO) Set to Announce Quarterly Earnings on Thursday
Exfo Inc (NASDAQ:EXFO) (TSE:EXF) will announce its earnings results after the market closes on Thursday, October 12th. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Shares of Exfo Inc (NASDAQ:EXFO) opened at 4.00 on Thursday. The company has a market capitalization of $218.82 million, a P/E ratio of 100.00 and a beta of 0.48. The company’s 50 day moving average is $4.06 and its 200 day moving average is $4.58. Exfo Inc has a 12-month low of $3.53 and a 12-month high of $6.15.
Several research firms have commented on EXFO. TheStreet downgraded shares of Exfo from a “b” rating to a “c+” rating in a report on Friday, July 7th. Zacks Investment Research upgraded shares of Exfo from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Royal Bank Of Canada decreased their price objective on shares of Exfo from $5.50 to $5.25 and set a “sector perform” rating on the stock in a report on Friday, June 30th. BMO Capital Markets set a $6.00 price objective on shares of Exfo and gave the company a “hold” rating in a report on Saturday, July 1st. Finally, Northland Securities set a $6.00 price objective on shares of Exfo and gave the company a “buy” rating in a report on Saturday, July 1st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $5.70.
EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.
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