RF Industries - RFIL Stock Forecast, Price & News

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly and Custom Cabling Manufacturing and Assembly. The company's RF Connector and Cable Assembly segment 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.

RF Industries Stock Performance

RFIL Stock traded down $0.02 on Friday, reaching $7.08. 1,702 shares of the company were exchanged, compared to its average volume of 11,205. The firm has a market capitalization of $71.92 million, a PE ratio of 37.37 and a beta of 1.14. RF Industries has a 12 month low of $5.48 and a 12 month high of $8.99. The stock's fifty day moving average price is $6.57 and its 200 day moving average price is $6.71. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.85 and a quick ratio of 1.53.

RF Industries (NASDAQ:RFIL - Get Rating) last posted its quarterly earnings data on Tuesday, June 14th. The electronics maker reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.07. The company had revenue of $21.51 million for the quarter, compared to the consensus estimate of $19.11 million. RF Industries had a net margin of 2.63% and a return on equity of 8.72%. On average, research analysts anticipate that RF Industries will post 0.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on RF Industries in a research report on Wednesday. They set a "hold" rating for the company.

Insider Activity at RF Industries

In other news, Director Mark Keith Holdsworth acquired 9,854 shares of RF Industries stock in a transaction on Thursday, June 30th. The stock was bought at an average price of $6.20 per share, for a total transaction of $61,094.80. Following the transaction, the director now owns 521,322 shares of the company's stock, valued at $3,232,196.40. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 12.20% of the company's stock.