Amplifon (OTCMKTS:AMFPF) Cut to Strong Sell at Zacks Research

Amplifon (OTCMKTS:AMFPF – Get Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday, Zacks reports.

AMFPF has been the subject of several other research reports. Morgan Stanley assumed coverage on shares of Amplifon in a research report on Wednesday, September 2nd. They set an “overweight” rating for the company. Citigroup upgraded Amplifon to a “buy” rating in a report on Thursday, July 23rd. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Amplifon presently has a consensus rating of “Hold”.

View Our Latest Analysis on Amplifon

Amplifon Stock Performance

AMFPF stock opened at $11.21 on Tuesday. The business has a fifty day moving average price of $11.21 and a 200 day moving average price of $12.02. Amplifon has a fifty-two week low of $9.46 and a fifty-two week high of $22.43. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 12.74 and a beta of 0.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.73 and a quick ratio of 0.68.

Amplifon (OTCMKTS:AMFPF – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.10 EPS for the quarter, meeting the consensus estimate of $0.10. Amplifon had a return on equity of 14.94% and a net margin of 3.12%. The company had revenue of $651.38 million during the quarter, compared to analysts’ expectations of $650.02 million. Analysts expect that Amplifon will post 0.85 EPS for the current fiscal year.

About Amplifon

(Get Free Report)

Amplifon S.p.A. is an Italy-based hearing-care company that provides hearing solutions and related services to people with hearing loss. Its business includes the distribution and fitting of hearing aids, hearing assessments, personalized counseling, device maintenance, and after-sales support. The company also offers accessories and technologies designed to improve hearing in different environments.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has expanded from an Italian specialist into an international hearing-care retailer.

Further Reading

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