StockNews.com started coverage on shares of RF Industries (NASDAQ:RFIL – Free Report) in a research report report published on Wednesday. The brokerage issued a hold rating on the electronics maker’s stock.
Separately, B. Riley cut their price objective on RF Industries from $4.25 to $4.00 and set a buy rating for the company in a research note on Wednesday, March 20th.
Get Our Latest Stock Analysis on RF Industries
RF Industries Price Performance
RF Industries (NASDAQ:RFIL – Get Free Report) last released its earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04. The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $16.28 million. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%. Equities research analysts expect that RF Industries will post -0.12 EPS for the current year.
About RF Industries
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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