Stock analysts at StockNews.com started coverage on shares of RF Industries (NASDAQ:RFIL – Get Free Report) in a research report issued on Friday. The brokerage set a “hold” rating on the electronics maker’s stock.
Separately, B. Riley cut their price target on RF Industries from $4.25 to $4.00 and set a “buy” rating on the stock in a research note on Wednesday, March 20th.
Check Out Our Latest Stock Report on RFIL
RF Industries Price Performance
RF Industries (NASDAQ:RFIL – Get Free Report) last issued its quarterly earnings results on Monday, March 18th. The electronics maker reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). RF Industries had a negative net margin of 4.87% and a negative return on equity of 2.63%. The company had revenue of $13.46 million during the quarter, compared to analysts’ expectations of $14.49 million. During the same quarter in the previous year, the company earned ($0.02) EPS. Research analysts expect that RF Industries will post -0.12 EPS for the current year.
RF Industries Company Profile
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.
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