NASDAQ:RFIL

RF Industries (RFIL) Stock Forecast, Price & News

$3.01

+0.10 (+3.44%)

(As of 09/29/2023 ET)

Compare

Today's Range: $2.90
▼
$3.10
50-Day Range: $2.58
▼
$3.94
52-Week Range: $2.53
▼
$6.00

Volume: 19,019 shs
Average Volume: 30,968 shs
Market Capitalization: $30.97 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.25

RF Industries MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 41.2% Upside
$4.25 Price Target
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.06
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$35,268 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.08) to $0.23 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Computer And Technology Sector

275th out of 604 stocks

Electronic Connectors Industry

3rd out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
RF Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.25, RF Industries has a forecasted upside of 41.2% from its current price of $3.01.
Amount of Analyst Coverage
RF Industries has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.04% of the float of RF Industries has been sold short.
Short Interest Ratio / Days to Cover
RF Industries has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in RF Industries has recently increased by 77.78%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
RF Industries does not currently pay a dividend.
Dividend Growth
RF Industries does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RFIL.

2.3

News and Social Media Coverage

News Sentiment
RF Industries has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for RF Industries this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added RF Industries to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RF Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $35,268.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
12.20% of the stock of RF Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.13% of the stock of RF Industries is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for RF Industries are expected to grow in the coming year, from ($0.08) to $0.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RF Industries is -17.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of RF Industries is -17.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
RF Industries has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RF Industries (NASDAQ:RFIL) Stock

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly. The RF Connector and Cable Assembly segment primarily designs, manufactures, and distributes various coaxial connectors and cable assemblies that are integrated with coaxial connectors. The Custom Cabling Manufacturing and Assembly segment designs, manufactures, markets, and distributes custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, energy-efficient cooling systems for wireless base stations and remote equipment shelters, and custom designed pole-ready 5G small cell integrated enclosures. It also manufactures and sells custom and standard cable assemblies, hybrid fiber optic power solution cables, adapters, and electromechanical wiring harnesses for communication, computer, LAN, automotive, and medical equipment. In addition, the company designs and manufactures cable assemblies and wiring harnesses for blue chip industrial, oilfield, instrumentation, and military customers. It also designs and manufactures quality connectivity solutions to telecommunications and data communications distributors. The company sells its products through warehousing distributors and in-house marketing and sales team. It serves telecommunications carriers and equipment manufacturers, wireless and network infrastructure carriers, and original equipment manufacturers. The company was formerly known as Celltronics, Inc. and changed its name to RF Industries, Ltd. in November 1990. RF Industries, Ltd. was incorporated in 1979 and is headquartered in San Diego, California.

RFIL Price History

30 days | 90 days | 365 days | Advanced Chart

RFIL Stock News Headlines

September 29, 2023 | benzinga.com

189K Reasons To Be Bullish On RF Industries Stock

September 29, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on RF Industries (NASDAQ:RFIL)

September 30, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 29, 2023 | americanbankingnews.com

RF Industries (NASDAQ:RFIL) Share Price Crosses Below 200-Day Moving Average of $4.00

September 22, 2023 | americanbankingnews.com

FY2023 EPS Estimates for RF Industries, Ltd. Decreased by B. Riley (NASDAQ:RFIL)

September 18, 2023 | markets.businessinsider.com

B. Riley Securities Maintains Buy Rating for RF Industries: Here's What You Need To Know

September 17, 2023 | finance.yahoo.com

RF Industries, Ltd. (NASDAQ:RFIL) Q3 2023 Earnings Call Transcript

September 16, 2023 | seekingalpha.com

RF Industries Non-GAAP EPS of -$0.08 misses by $0.16, revenue of $15.7M misses by $5.75M

September 30, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

September 15, 2023 | msn.com

RF Industries: Falls as quarterly results miss estimates

September 15, 2023 | finance.yahoo.com

Q3 2023 RF Industries Ltd Earnings Call

September 14, 2023 | finance.yahoo.com

RF Industries, Ltd. (RFIL) Reports Q3 Loss, Misses Revenue Estimates

September 14, 2023 | finanznachrichten.de

RF Industries, Ltd.: RF Industries Announces Third Quarter Fiscal 2023 Results

September 14, 2023 | technews.tmcnet.com

Fairview Microwave Unveils Hermetically Sealed RF Connectors and Adapters

September 14, 2023 | finance.yahoo.com

RF Industries Announces Third Quarter Fiscal 2023 Results

September 13, 2023 | benzinga.com

RF Industries's Earnings Outlook

August 24, 2023 | finance.yahoo.com

RF Industries to Report Third Quarter 2023 Financial Results on September 14, 2023

August 22, 2023 | finance.yahoo.com

Estimating The Fair Value Of RF Industries, Ltd. (NASDAQ:RFIL)

July 20, 2023 | finance.yahoo.com

Is RF Industries, Ltd.'s (NASDAQ:RFIL) Recent Price Movement Underpinned By Its Weak Fundamentals?

June 24, 2023 | finance.yahoo.com

RF Industries, Ltd. (NASDAQ:RFIL) Q2 2023 Earnings Call Transcript

June 17, 2023 | fool.com

Rf Industries (NASDAQ: RFIL)

June 15, 2023 | finance.yahoo.com

Investors in RF Industries (NASDAQ:RFIL) have unfortunately lost 34% over the last five years

June 15, 2023 | finance.yahoo.com

Q2 2023 RF Industries Ltd Earnings Call

June 14, 2023 | finanznachrichten.de

RF Industries, Ltd.: RF Industries Announces Second Quarter Fiscal 2023 Results

June 14, 2023 | msn.com

RF Industries: Q2 Earnings Insights

June 14, 2023 | seekingalpha.com

RF Industries Non-GAAP EPS of $0.13 beats by $0.10, revenue of $22.3M beats by $2.11M

June 14, 2023 | finance.yahoo.com

RF Industries Announces Second Quarter Fiscal 2023 Results

See More Headlines

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RFIL Company Calendar

Last Earnings: 12/21/2021
Today: 9/30/2023
Fiscal Year End: 10/31/2023
Next Earnings (Estimated): 1/11/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic connectors
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:RFIL
CUSIP: N/A
CIK: 740664
Web: www.rfindustries.com
Phone: (858) 549-6340
Fax: 858-549-6345
Employees: 344
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $4.25
High Stock Price Forecast: $4.25
Low Stock Price Forecast: $4.25
Forecasted Upside/Downside: +41.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.45 million
Net Margins: -2.24%
Pretax Margin: -3.33%
Return on Equity: 2.79%
Return on Assets: 1.37%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 2.89
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $85.25 million
Price / Sales: 0.36
Cash Flow: $0.71 per share
Price / Cash Flow: 4.26
Book Value: $3.93 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 10,290,000
Free Float: 9,035,000
Market Cap: $30.97 million
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Robert D. Dawson (Age 49)
Pres, CEO & Director
Comp: $737.09k

Mr. Peter Yin (Age 39)
Treasurer, CFO & Corp. Sec.
Comp: $423.07k

Mr. Ray Bibisi (Age 58)
Chief Operating Officer
Comp: $305.64k

Mr. Christophe Massenet
VP of Technology & Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RFIL Stock - Frequently Asked Questions

Should I buy or sell RF Industries stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RF Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RFIL shares.
View RFIL analyst ratings or view top-rated stocks.
What is RF Industries' stock price forecast for 2023?: 1 Wall Street analysts have issued 1 year target prices for RF Industries' stock. Their RFIL share price forecasts range from $4.25 to $4.25. On average, they expect the company's stock price to reach $4.25 in the next year. This suggests a possible upside of 41.2% from the stock's current price.
View analysts price targets for RFIL or view top-rated stocks among Wall Street analysts.
How have RFIL shares performed in 2023?: RF Industries' stock was trading at $5.14 on January 1st, 2023. Since then, RFIL stock has decreased by 41.4% and is now trading at $3.01.
View the best growth stocks for 2023 here.
Are investors shorting RF Industries?: RF Industries saw a increase in short interest in September. As of September 15th, there was short interest totaling 3,200 shares, an increase of 77.8% from the August 31st total of 1,800 shares. Based on an average trading volume of 11,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold.
View RF Industries' Short Interest.
When is RF Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024.
View our RFIL earnings forecast.
How were RF Industries' earnings last quarter?: RF Industries, Ltd. (NASDAQ:RFIL) announced its quarterly earnings results on Tuesday, December, 21st. The electronics maker reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.02. The electronics maker had revenue of $21.11 million for the quarter, compared to the consensus estimate of $16.53 million. RF Industries had a positive trailing twelve-month return on equity of 2.79% and a negative net margin of 2.24%. During the same quarter last year, the company posted $0.03 earnings per share.

What other stocks do shareholders of RF Industries own?: 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).
What is RF Industries' stock symbol?: RF Industries trades on the NASDAQ under the ticker symbol "RFIL."
How do I buy shares of RF Industries?: 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.
Compare Top Brokerages Here.
What is RF Industries' stock price today?: One share of RFIL stock can currently be purchased for approximately $3.01.
How much money does RF Industries make?: RF Industries (NASDAQ:RFIL) has a market capitalization of $30.97 million and generates $85.25 million in revenue each year. The electronics maker earns $1.45 million in net income (profit) each year or ($0.17) on an earnings per share basis.
How many employees does RF Industries have?: The company employs 344 workers across the globe.
How can I contact RF Industries?: 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.

This page (NASDAQ:RFIL) was last updated on 9/30/2023 by MarketBeat.com Staff

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