RBC Capital Markets reiterated their sector perform rating on shares of Exfo Inc. (NASDAQ:EXFO) in a research note released on Wednesday. They currently have a $4.25 price target on the stock.
EXFO has been the topic of several other reports. Zacks Investment Research downgraded Exfo from a hold rating to a sell rating in a research note on Wednesday, July 27th. Canaccord Genuity reiterated a hold rating on shares of Exfo in a research note on Thursday, June 30th. Finally, Royal Bank Of Canada reiterated a sector perform rating and set a $5.50 target price on shares of Exfo in a research note on Thursday, June 30th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Exfo presently has an average rating of Hold and an average target price of $4.00.
Exfo (NASDAQ:EXFO) opened at 4.15 on Wednesday. The stock has a market capitalization of $223.67 million, a PE ratio of 25.78 and a beta of 0.71. The stock has a 50 day moving average price of $3.65 and a 200 day moving average price of $3.72. Exfo has a 12 month low of $2.35 and a 12 month high of $4.36.
Exfo (NASDAQ:EXFO) last issued its earnings results on Wednesday, October 12th. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. Exfo had a return on equity of 5.77% and a net margin of 3.83%. The business had revenue of $62.90 million for the quarter. On average, equities research analysts forecast that Exfo will post $0.19 earnings per share for the current fiscal year.
A number of institutional investors have recently made changes to their positions in EXFO. Hillsdale Investment Management Inc. boosted its position in shares of Exfo by 22.9% in the second quarter. Hillsdale Investment Management Inc. now owns 286,600 shares of the company’s stock worth $991,000 after buying an additional 53,400 shares in the last quarter. White Pine Capital LLC boosted its position in shares of Exfo by 65.2% in the second quarter. White Pine Capital LLC now owns 38,000 shares of the company’s stock worth $131,000 after buying an additional 15,000 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC bought a new position in shares of Exfo during the first quarter worth approximately $255,000. 14.73% of the stock is currently owned by institutional investors.
Exfo Company Profile