Electronics for Imaging Given “Outperform” Rating at BMO Capital Markets (EFII)
Electronics for Imaging (NASDAQ:EFII)‘s stock had its “outperform” rating reiterated by analysts at BMO Capital Markets in a research report issued to clients and investors on Friday, ARN reports. They currently have a $36.00 price target on the stock, up from their previous price target of $33.00. BMO Capital Markets’ price target suggests a potential upside of 6.38% from the stock’s previous close.
Separately, analysts at Zacks downgraded shares of Electronics for Imaging from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 18th. They now have a $34.20 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Electronics for Imaging currently has a consensus rating of “Buy” and an average price target of $35.55.
Electronics for Imaging (NASDAQ:EFII) opened at 33.84 on Friday. Electronics for Imaging has a 52 week low of $16.00 and a 52 week high of $34.21. The stock’s 50-day moving average is $31.26 and its 200-day moving average is $28.86. The company has a market cap of $1.571 billion and a price-to-earnings ratio of 18.55.
Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.05. The company had revenue of $178.82 million for the quarter, compared to the consensus estimate of $172.53 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 16.1% on a year-over-year basis. On average, analysts predict that Electronics for Imaging will post $1.48 earnings per share for the current fiscal year.
Electronics For Imaging, Inc (NASDAQ:EFII), is a provider of digital printing innovation focused on the transformation of the printing, packaging, and decorative industries from the use of traditional analog based presses to digital on-demand printing.
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