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 Trading Up 2.8 %

Shares of RF Industries stock opened at $6.93 on Tuesday. The stock has a market capitalization of $70.40 million, a P/E ratio of 36.47 and a beta of 1.14. The company has a quick ratio of 1.53, a current ratio of 2.85 and a debt-to-equity ratio of 0.36. The company has a 50-day simple moving average of $6.50 and a 200 day simple moving average of $6.71. RF Industries has a 12-month low of $5.48 and a 12-month high of $8.99.

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 for the quarter, beating the consensus estimate of $0.04 by $0.07. The firm had revenue of $21.51 million during the quarter, compared to analysts' expectations of $19.11 million. RF Industries had a net margin of 2.63% and a return on equity of 8.72%. Research analysts expect that RF Industries will post 0.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of RF Industries in a report on Tuesday. They issued a "hold" rating for the company.

Insider Buying and Selling at RF Industries

In related news, Director Mark Keith Holdsworth acquired 10,000 shares of the stock in a transaction on Friday, July 8th. The stock was purchased at an average price of $6.16 per share, for a total transaction of $61,600.00. Following the transaction, the director now owns 537,852 shares of the company's stock, valued at approximately $3,313,168.32. The acquisition was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 12.20% of the company's stock.