NASDAQ:EXFOExfo Stock Price, Forecast & News

Exfo's stock was trading at $2.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EXFO shares have increased by 19.8% and is now trading at $3.51. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exfo in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Exfo.

Exfo is scheduled to release its next quarterly earnings announcement on Wednesday, October 14th 2020. View our earnings forecast for Exfo.

Exfo Inc (NASDAQ:EXFO) released its quarterly earnings data on Wednesday, July, 8th. The communications equipment provider reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.13. The communications equipment provider had revenue of $66.15 million for the quarter, compared to analyst estimates of $55.50 million. Exfo had a negative return on equity of 0.73% and a negative net margin of 2.31%. View Exfo's earnings history.

6 Wall Street analysts have issued twelve-month price objectives for Exfo's shares. Their forecasts range from $3.50 to $4.00. On average, they anticipate Exfo's stock price to reach $3.75 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Exfo.

News articles about EXFO stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Exfo earned a coverage optimism score of 0.5 on InfoTrie's scale. They also gave media coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Exfo.

Exfo saw a increase in short interest in June. As of June 30th, there was short interest totaling 6,300 shares, an increase of 14.5% from the June 15th total of 5,500 shares. Based on an average daily trading volume, of 37,800 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's shares are sold short. View Exfo's Current Options Chain.

Some companies that are related to Exfo include Cohu (COHU), Allied Motion Technologies (AMOT), Transcat (TRNS), Frequency Electronics (FEIM), Aehr Test Systems (AEHR), Reliability (RLBY), Data I/O (DAIO) and Giga-tronics (GIGA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Exfo investors own include LightPath Technologies (LPTH), Merit Medical Systems (MMSI), RTI Surgical (RTIX), Pfizer (PFE), Harvard Bioscience (HBIO), Pixelworks (PXLW), Main Street Capital (MAIN), Castle Brands (ROX), AT&T (T) and Wells Fargo & Co (WFC).

Exfo trades on the NASDAQ under the ticker symbol "EXFO."

Shares of EXFO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EXFO stock can currently be purchased for approximately $3.51.

Exfo has a market capitalization of $195.37 million and generates $286.89 million in revenue each year. The communications equipment provider earns $-2,480,000.00 in net income (profit) each year or $0.12 on an earnings per share basis. Exfo employs 1,810 workers across the globe.

The official website for Exfo is www.exfo.com.

Exfo's mailing address is 400 GODIN AVENUE, QUEBEC CITY A8, G1M 2K2. The communications equipment provider can be reached via phone at 418-683-0211 or via email at [email protected]