RF Industries - RFIL Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" RFIL shares.
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1 brokerages have issued 12 month price objectives for RF Industries' shares. Their RFIL share price forecasts range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 79.3% 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 $8.00 on January 1st, 2022. Since then, RFIL shares have decreased by 37.3% and is now trading at $5.02.
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RF Industries saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 400 shares, a decline of 50.0% from the October 31st total of 800 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 28th 2022.
View our RFIL earnings forecast.

RF Industries, Ltd. (NASDAQ:RFIL) released its earnings results on Wednesday, September, 14th. The electronics maker reported $0.10 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.10. The electronics maker had revenue of $23.84 million for the quarter, compared to analysts' expectations of $21.86 million. RF Industries had a net margin of 2.17% and a trailing twelve-month return on equity of 8.81%. During the same period in the prior year, the business posted $0.09 EPS.

RF Industries updated its FY 2022 earnings guidance on Wednesday, October, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $83.00 million-$85.00 million, compared to the consensus revenue estimate of $82.53 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 institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.43%), BlackRock Inc. (1.42%) and Essex Investment Management Co. LLC (0.80%). Insiders that own company stock include Edward Joseph Benoit, Gerald T Garland, Howard F Hill, Mark Keith Holdsworth, Mark Turfler, Marvin Fink and Sheryl Lynn Cefali.
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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 $5.02.

RF Industries (NASDAQ:RFIL) has a market capitalization of $50.98 million and generates $57.42 million in revenue each year. The electronics maker earns $6.18 million in net income (profit) each year or $0.18 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.