Press coverage about EXFO (NASDAQ:EXFO) (TSE:EXF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. EXFO earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the communications equipment provider an impact score of 47.2208880737761 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of EXFO (EXFO) opened at 3.95 on Friday. The firm has a 50-day moving average of $4.26 and a 200 day moving average of $4.93. EXFO has a 12-month low of $3.14 and a 12-month high of $6.15. The firm has a market capitalization of $216.08 million, a price-to-earnings ratio of 98.75 and a beta of 0.55.
EXFO (NASDAQ:EXFO) (TSE:EXF) last issued its earnings results on Thursday, June 29th. The communications equipment provider reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by $0.06. The business had revenue of $58.50 million for the quarter, compared to the consensus estimate of $61.61 million. EXFO had a return on equity of 2.76% and a net margin of 0.93%. The company’s revenue was down 3.8% compared to the same quarter last year.
A number of equities research analysts have issued reports on EXFO shares. 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. TheStreet lowered shares of EXFO from a “b” rating to a “c+” rating in a research report on Friday, July 7th. BMO Capital Markets set a $6.00 price objective on shares of EXFO and gave the company a “hold” rating in a research report on Saturday, July 1st. Zacks Investment Research raised shares of EXFO from a “sell” rating to a “hold” rating in a research report on Tuesday, May 30th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $5.75 price target on shares of EXFO in a research report on Tuesday, May 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $5.63.
About EXFO
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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