Earnings and Growth Analysis : RF Industries (NASDAQ:RFIL)

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Earnings results for RF Industries (NASDAQ:RFIL)

RF Industries, Ltd. is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0. The reported EPS for the same quarter last year was $0.11.

RF Industries last posted its earnings results on June 11th, 2020. The electronics maker reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $10.39 million for the quarter, compared to analyst estimates of $12.92 million. RF Industries has generated $0.36 earnings per share over the last year and currently has a price-to-earnings ratio of 24.6. RF Industries has confirmed that its next quarterly earnings report will be published on Thursday, September 10th, 2020.

Analyst Opinion on RF Industries (NASDAQ:RFIL)

1 Wall Street analysts have issued ratings and price targets for RF Industries in the last 12 months. Their average twelve-month price target is $7.75, predicting that the stock has a possible upside of 84.96%. The high price target for RFIL is $7.75 and the low price target for RFIL is $7.75. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

RF Industries has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $7.75, RF Industries has a forecasted upside of 85.0% from its current price of $4.19. RF Industries has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: RF Industries (NASDAQ:RFIL)

RF Industries does not currently pay a dividend. RF Industries has only been increasing its dividend for 1 years.

Insiders buying/selling: RF Industries (NASDAQ:RFIL)

In the past three months, RF Industries insiders have sold 453.16% more of their company’s stock than they have bought. Specifically, they have bought $10,038.00 in company stock and sold $55,526.00 in company stock. Only 8.60% of the stock of RF Industries is held by insiders. Only 27.56% of the stock of RF Industries is held by institutions.

Earnings and Valuation of RF Industries (NASDAQ:RFIL

Earnings for RF Industries are expected to grow in the coming year, from ($0.01) to $0.33 per share. The P/E ratio of RF Industries is 24.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.73. The P/E ratio of RF Industries is 24.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 60.49. RF Industries has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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