Headlines about EXFO (NASDAQ:EXFO) (TSE:EXF) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EXFO earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the communications equipment provider an impact score of 46.5371841640726 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Bit Error Rate Testers Market Volume Forecast and Value Chain Analysis 2015 – 2023 (reports.pr-inside.com)
- EXFO launches telecom industry’s most advanced and full-featured 400G test solution (finance.yahoo.com)
- Brokerages Anticipate EXFO Inc (EXFO) Will Post Earnings of $0.06 Per Share (americanbankingnews.com)
- EXFO to acquire Yenista Optics (ept.ca)
- EXFO Inc (EXFO) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
EXFO (EXFO) opened at 4.05 on Tuesday. The stock has a market cap of $221.55 million, a P/E ratio of 101.25 and a beta of 0.52. EXFO has a 12-month low of $3.46 and a 12-month high of $6.15. The stock has a 50 day moving average of $4.08 and a 200 day moving average of $4.71.
EXFO (NASDAQ:EXFO) (TSE:EXF) last announced its earnings results on Thursday, June 29th. The communications equipment provider reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). EXFO had a net margin of 0.93% and a return on equity of 3.25%. The business had revenue of $58.50 million for the quarter, compared to analysts’ expectations of $61.61 million. The company’s revenue for the quarter was down 3.8% on a year-over-year basis.
Several equities analysts have recently commented on the stock. TheStreet downgraded shares of EXFO from a “b” rating to a “c+” rating in a report on Friday, July 7th. Zacks Investment Research raised shares of EXFO from a “sell” rating to a “hold” rating in a report on Tuesday, May 30th. Royal Bank Of Canada lowered their target price 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 target price on shares of EXFO and gave the stock a “hold” rating in a report on Saturday, July 1st. Finally, Northland Securities set a $6.00 target price on shares of EXFO and gave the stock a “buy” rating in a report on Saturday, July 1st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. EXFO presently has a consensus rating of “Hold” and a consensus price target of $5.63.
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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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