Exfo (NASDAQ:EXFO) (TSE:EXF) updated its fourth quarter 2019 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $-0.02-0.02 for the period, compared to the Thomson Reuters consensus estimate of $0.07. The company issued revenue guidance of $66-71 million, compared to the consensus revenue estimate of $74.36 million.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of General Moly from a sell rating to a hold rating in a research note on Thursday. ValuEngine cut shares of WideOpenWest from a hold rating to a sell rating in a research note on Friday, June 28th. Finally, Northland Securities raised their price target on shares of Coupa Software from $85.00 to $150.00 and gave the stock an average rating in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Exfo currently has a consensus rating of Hold and an average price target of $4.38.
NASDAQ:EXFO opened at $3.55 on Friday. Exfo has a 1-year low of $2.66 and a 1-year high of $4.97. The company has a quick ratio of 0.97, a current ratio of 1.42 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average price of $3.92. The company has a market capitalization of $216.03 million, a PE ratio of 39.44 and a beta of 1.08.
EXFO Inc develops, manufactures, and markets smarter network test, monitoring, and analytics solutions for communications service providers, network equipment manufacturers, and Web-scale operators. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, live fiber detection, network protocol testing, optical power and loss testing, ORL tester, optical time domain reflectometry and iOLM, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.
Featured Story: How is the S&P 500 index different from the DJIA?
Receive News & Ratings for Exfo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exfo and related companies with MarketBeat.com's FREE daily email newsletter.