Electronics for Imaging, Inc. (EFII) Set to Announce Quarterly Earnings on Monday
Electronics for Imaging, Inc. (NASDAQ:EFII) is set to release its earnings data after the market closes on Monday, July 24th. Analysts expect Electronics for Imaging to post earnings of $0.57 per share for the quarter.
Electronics for Imaging (NASDAQ:EFII) last announced its earnings results on Thursday, April 20th. The technology company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. Electronics for Imaging had a net margin of 4.96% and a return on equity of 7.77%. The company had revenue of $228.70 million for the quarter, compared to the consensus estimate of $239.19 million. During the same period in the previous year, the business earned $0.55 EPS. The company’s revenue was down 2.3% on a year-over-year basis. On average, analysts expect Electronics for Imaging to post $0.93 EPS for the current fiscal year and $1.25 EPS for the next fiscal year.
Shares of Electronics for Imaging, Inc. (EFII) opened at 49.40 on Monday. Electronics for Imaging, Inc. has a 52 week low of $40.72 and a 52 week high of $51.15. The firm has a market capitalization of $2.30 billion, a P/E ratio of 48.81 and a beta of 1.22. The firm’s 50-day moving average is $47.95 and its 200 day moving average is $46.56.
In other Electronics for Imaging news, Director Thomas Georgens sold 25,000 shares of Electronics for Imaging stock in a transaction on Friday, May 12th. The shares were sold at an average price of $46.56, for a total value of $1,164,000.00. Following the sale, the director now directly owns 68,500 shares in the company, valued at approximately $3,189,360. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Guy Gecht sold 13,696 shares of Electronics for Imaging stock in a transaction on Friday, April 28th. The shares were sold at an average price of $46.20, for a total transaction of $632,755.20. Following the completion of the sale, the chief executive officer now owns 410,648 shares in the company, valued at $18,971,937.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,126 shares of company stock worth $3,098,994. 1.88% of the stock is currently owned by company insiders.
A number of brokerages have recently weighed in on EFII. Needham & Company LLC reissued a “buy” rating and set a $53.00 price target (down from $54.00) on shares of Electronics for Imaging in a research report on Wednesday, April 19th. Longbow Research cut shares of Electronics for Imaging from a “buy” rating to a “neutral” rating in a research report on Thursday, June 22nd. They noted that the move was a valuation call. Zacks Investment Research raised shares of Electronics for Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Aegis began coverage on shares of Electronics for Imaging in a research report on Tuesday, June 13th. They set a “buy” rating and a $58.00 price target on the stock. Finally, ValuEngine raised shares of Electronics for Imaging from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $54.00.
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Electronics for Imaging Company Profile
Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.
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