National Bank Financial Analysts Cut Earnings Estimates for Exfo Inc (TSE:EXF)

Exfo Inc (TSE:EXF) (NASDAQ:EXFO) – Stock analysts at National Bank Financial decreased their FY2019 earnings per share estimates for Exfo in a note issued to investors on Wednesday, July 10th. National Bank Financial analyst R. Tse now expects that the company will earn $0.21 per share for the year, down from their previous estimate of $0.28. National Bank Financial has a “Sector Perform” rating and a $4.25 price objective on the stock. National Bank Financial also issued estimates for Exfo’s FY2020 earnings at $0.37 EPS.

Separately, BMO Capital Markets set a C$4.50 price target on Exfo in a report on Wednesday, April 3rd.

Exfo stock opened at C$5.02 on Monday. The firm has a 50 day moving average price of C$5.12. The company has a debt-to-equity ratio of 6.75, a quick ratio of 0.87 and a current ratio of 1.42. The firm has a market cap of $296.35 million and a PE ratio of -41.83. Exfo has a 12 month low of C$3.51 and a 12 month high of C$6.70.

Exfo Company Profile

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.

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