RF Industries, Ltd. (NASDAQ:RFIL – Free Report) – B. Riley lowered their Q4 2024 EPS estimates for RF Industries in a note issued to investors on Tuesday, September 17th. B. Riley analyst J. Nichols now anticipates that the electronics maker will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.06. B. Riley currently has a “Buy” rating and a $4.50 target price on the stock. B. Riley also issued estimates for RF Industries’ FY2025 earnings at $0.04 EPS.
Separately, StockNews.com began coverage on RF Industries in a research note on Sunday. They set a “hold” rating for the company.
RF Industries Trading Down 2.5 %
RFIL opened at $3.71 on Thursday. RF Industries has a twelve month low of $2.51 and a twelve month high of $4.65. The firm has a market cap of $38.89 million, a price-to-earnings ratio of -4.75 and a beta of 0.99. The company has a fifty day simple moving average of $3.84 and a 200 day simple moving average of $3.41.
Hedge Funds Weigh In On RF Industries
A hedge fund recently raised its stake in RF Industries stock. Dimensional Fund Advisors LP raised its stake in shares of RF Industries, Ltd. (NASDAQ:RFIL – Free Report) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 225,737 shares of the electronics maker’s stock after acquiring an additional 12,296 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.15% of RF Industries worth $788,000 at the end of the most recent quarter. Institutional investors own 23.49% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than RF Industries
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- 3 Beaten-Down Stocks Ready for a Comeback
- EV Stocks and How to Profit from Them
- 3 Stocks to Neutralize Market Volatility and Build Wealth
- How to invest in marijuana stocks in 7 stepsĀ
- How Much Can You Make in Stocks in One Month?
Receive News & Ratings for RF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Industries and related companies with MarketBeat.com's FREE daily email newsletter.