RF Industries (RFIL) Stock Forecast, Price & News

0 brokerages have issued 1-year price targets for RF Industries' shares. Their RFIL share price forecasts range from $7.50 to $7.50. On average, they expect the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 67.0% from the stock's current price.
View analysts price targets for RFIL or view top-rated stocks among Wall Street analysts.

RF Industries' stock was trading at $5.14 at the beginning of 2023. Since then, RFIL stock has decreased by 12.6% and is now trading at $4.49.
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RF Industries saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,700 shares, an increase of 116.1% from the April 30th total of 3,100 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.
View RF Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 13th 2023.
View our RFIL earnings forecast.

RF Industries, Ltd. (NASDAQ:RFIL) posted its earnings results on Monday, March, 13th. The electronics maker reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.10. The electronics maker earned $18.34 million during the quarter, compared to analysts' expectations of $19.70 million. RF Industries had a net margin of 0.65% and a trailing twelve-month return on equity of 7.91%.

RF Industries updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $22.00 million-$22.30 million, compared to the consensus revenue estimate of $22.74 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other RF Industries investors own include Micron Technology (MU), Advanced Micro Devices (AMD), Activision Blizzard (ATVI), Enterprise Products Partners (EPD), Extreme Networks (EXTR), Infinera (INFN), AbbVie (ABBV), Digital Turbine (APPS), General Mills (GIS) and Intel (INTC).

RF Industries trades on the NASDAQ under the ticker symbol "RFIL."

RF Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Punch & Associates Investment Management Inc. (9.89%), Renaissance Technologies LLC (5.08%), Dimensional Fund Advisors LP (3.66%), Kovack Advisors Inc. (0.24%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Edward Joseph Benoit, Howard F Hill, Mark Keith Holdsworth, Marvin Fink and Sheryl Lynn Cefali.
View institutional ownership trends.

Shares of RFIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RFIL stock can currently be purchased for approximately $4.49.

RF Industries (NASDAQ:RFIL) has a market capitalization of $46.20 million and generates $85.25 million in revenue each year. The electronics maker earns $1.45 million in net income (profit) each year or $0.06 on an earnings per share basis.

The company employs 300 workers across the globe.

RF Industries' mailing address is 7610 MIRAMAR RD BLDG 6000, SAN DIEGO CA, 92126. The official website for the company is www.rfindustries.com. The electronics maker can be reached via phone at (858) 549-6340, via email at rfil@mkr-group.com, or via fax at 858-549-6345.