Lake Street Capital Forecasts RF Industries Q3 Earnings
by Sarita Garza · The Markets DailyRF Industries, Ltd. (NASDAQ:RFIL – Free Report) – Research analysts at Lake Street Capital issued their Q3 2026 earnings per share estimates for shares of RF Industries in a research note issued to investors on Tuesday, September 1st. Lake Street Capital analyst T. Burmeister anticipates that the electronics maker will post earnings per share of $0.18 for the quarter. Lake Street Capital has a “Buy” rating and a $19.00 price target on the stock. The consensus estimate for RF Industries’ current full-year earnings is $0.59 per share.
Several other research analysts have also recently commented on RFIL. Wall Street Zen cut shares of RF Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Weiss Ratings raised RF Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 27th. B. Riley Financial raised shares of RF Industries from a “neutral” rating to a “buy” rating and cut their price objective for the stock from $18.00 to $15.00 in a research report on Friday, August 21st. Finally, Zacks Research downgraded shares of RF Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.00.
Read Our Latest Report on RF Industries
RF Industries Stock Performance
RFIL stock opened at $10.06 on Thursday. RF Industries has a 52 week low of $5.54 and a 52 week high of $22.30. The company has a market capitalization of $109.15 million, a PE ratio of 71.86 and a beta of 1.29. The company’s 50-day simple moving average is $13.96 and its 200 day simple moving average is $14.05.
RF Industries (NASDAQ:RFIL – Get Free Report) last issued its quarterly earnings data on Monday, June 15th. The electronics maker reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. RF Industries had a return on equity of 12.79% and a net margin of 1.70%.The firm had revenue of $20.69 million for the quarter, compared to analyst estimates of $19.67 million.
Institutional Investors Weigh In On RF Industries
A number of institutional investors have recently modified their holdings of RFIL. California State Teachers Retirement System acquired a new stake in shares of RF Industries during the second quarter worth $52,000. Bank of New York Mellon Corp acquired a new stake in RF Industries during the second quarter worth approximately $397,000. Bank of America Corp DE increased its holdings in RF Industries by 519.3% in the first quarter. Bank of America Corp DE now owns 20,634 shares of the electronics maker’s stock worth $213,000 after purchasing an additional 17,302 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in RF Industries in the first quarter valued at approximately $131,000. Finally, Sei Investments Co. boosted its holdings in shares of RF Industries by 257.2% during the 1st quarter. Sei Investments Co. now owns 84,030 shares of the electronics maker’s stock worth $866,000 after buying an additional 60,503 shares in the last quarter. 23.49% of the stock is owned by institutional investors.
About RF Industries
RF Industries, Inc (NASDAQ: RFIL) is a manufacturer and supplier of connectivity products and solutions for the wireless, broadcast, cable television, data networking, defense and aerospace markets. The company specializes in both standard and custom coaxial and fiber-optic cable assemblies, connectors, adapters and test accessories designed to withstand demanding environmental conditions. Through its product portfolio, RF Industries supports applications ranging from RF signal transmission and satellite communications to industrial automation and instrumentation.
The company’s offerings include premade and build-to-print coaxial cables and assemblies, field-installable connectors, power distribution components and calibration-grade test equipment.