Media headlines about EXFO (NASDAQ:EXFO) (TSE:EXF) have trended somewhat positive on Friday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. EXFO earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave press coverage about the communications equipment provider an impact score of 47.5726053068609 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research firms recently commented on EXFO. Northland Securities set a $6.00 price target on shares of EXFO and gave the company a “buy” rating in a report on Saturday, July 1st. BMO Capital Markets set a $6.00 price target on shares of EXFO and gave the company a “hold” rating in a report on Saturday, July 1st. Royal Bank Of Canada lowered their price target on shares of EXFO from $5.50 to $5.25 and set a “sector perform” rating for the company in a report on Friday, June 30th. TheStreet downgraded shares of EXFO from a “b” rating to a “c+” rating in a research report on Friday, July 7th. Finally, Canaccord Genuity reissued a “hold” rating and set a $5.75 price objective on shares of EXFO in a research report on Tuesday, May 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $5.63.
EXFO (NASDAQ:EXFO) remained flat at $3.95 during trading on Friday. 11,831 shares of the stock were exchanged. The company has a market capitalization of $216.08 million, a price-to-earnings ratio of 98.75 and a beta of 0.55. EXFO has a 52 week low of $3.14 and a 52 week high of $6.15. The stock’s 50 day moving average is $4.26 and its 200 day moving average is $4.93.
EXFO (NASDAQ:EXFO) (TSE:EXF) last announced its earnings results on Thursday, June 29th. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.06. EXFO had a return on equity of 2.76% and a net margin of 0.93%. The business had revenue of $58.50 million for the quarter, compared to analyst estimates of $61.61 million. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis.
EXFO Company Profile
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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