The company is expected to report earnings of $0.03/share on revenue of $72.561 million. The consensus earnings per share (EPS) of $0.03/share is based on a poll of 6 analysts and represents growth over the same quarter last year when the company reported earnings of -$0.02/share.
The revenue forecast of $72.561 million based on a poll of 6 analysts implies a year-over-year (YoY) growth of 4.9%. Last year the company reported $69.201 million in revenue for the quarter.
|Metric||Expected||Prior Year||YoY Change|
Earnings Call Trends
Historically, management has exceeded analyst expectations 4 out of the last 8 tracked quarters, and missed expectations 4 quarters.
What are your expectations from EXFO for earnings this quarter? Let us know in the comments!
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report.
|Report Date||Price Day Prior||Price Next Day||Change %||Result|
After the last earnings report for the period ending August 31, 2019, the stock price increased by 2.7%.
Fundamentals And Technical Analysis
EXFO is currently trading at $4.83/share, up 0.2% for the day. The company is trading at approximately 97.2% of its 52-week high of $4.97/share. The company’s stock price is up 27.8% since the last earnings report and up 4.5% over the previous week. The current share price implies a price-to-earnings (P/E) multiple of -107.9x and a forward P/E multiple of 17.0x.
The company’s 14 Day Relative Price Index (RSI) of 67.35 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
EXFO’s current share price also implies a price-to-book (P/B) multiple of 1.6x. The following table summarizes some other key fundamental ratios:
|Last Fiscal Period||FY2019.Q4|
|Period End Date||August 31, 2019|
|Stock Price (Current)||$4.83|
|P/E Ratio (Fwd)||17.0x|
|Total Debt to Capital (%)||3.9%|
|Levered Free Cash Flow||$9.744 million|
|Enterprise Value / EBITDA||12.4x|
Company Profile: EXFO Inc.
EXFO Inc. is a micro-cap stock with a market capitalization of $268.7 million and a total enterprise value of $259.7 million. The company operates in the Information Technology sector and Communications Equipment industry.
EXFO provides test, monitoring and analytics solutions for fixed and mobile communications service providers, web-scale operators, and network equipment. It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, light sources, live fiber detection, network protocol testing, optical fiber multimeter, optical loss testing, optical time-domain reflectometry and iOLM, power meters, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.
The company also provides lab and manufacturing testing network protocol testing products, network simulation and load testing products, optical benchtop kits, optical communication analyzers, optical light sources, optical power meters, optical spectrum analyzers, switch and utility modules, test platforms, variable attenuators, tunable filters, optical component testers, and tunable sources; and service assurance products, such as fiber monitoring, network probe, network topology management, monitoring, and troubleshooting, RAN optimization, and real-time analytics.
In addition, it offers mobile portfolio that consists of network simulators and optical radio frequency test solutions for turning up and troubleshooting fiber-based mobile networks; PC-centric and open-ended platforms with cloud-based software applications; and Internet protocol assurance services, as well as monitoring services for 2G, 3G, 4G/LTE, and 5G mobile networks.
The company sells products through its direct sales force, sales representatives, and distributors in the Americas, Europe, the Middle-East, Africa, and the Asia-Pacific. EXFO Inc. was founded in 1985 and is headquartered in Québec City, Canada.