Analysts predict that Electronics for Imaging, Inc. (NASDAQ:EFII) will announce $0.58 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Electronics for Imaging’s earnings. The highest EPS estimate is $0.59 and the lowest is $0.57. Electronics for Imaging also reported earnings per share of $0.58 during the same quarter last year. The company is scheduled to report its next earnings report on Monday, October 23rd.

According to Zacks, analysts expect that Electronics for Imaging will report full-year earnings of $2.44 per share for the current financial year, with EPS estimates ranging from $2.41 to $2.49. For the next fiscal year, analysts forecast that the firm will report earnings of $2.83 per share, with EPS estimates ranging from $2.78 to $2.91. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Electronics for Imaging.

Electronics for Imaging (NASDAQ:EFII) last issued its quarterly earnings results on Monday, September 11th. The technology company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). Electronics for Imaging had a return on equity of 5.58% and a net margin of 4.70%. The company had revenue of $247.00 million during the quarter, compared to the consensus estimate of $247.65 million. During the same period in the prior year, the firm earned $0.56 earnings per share. The business’s revenue for the quarter was up .5% compared to the same quarter last year.

Several equities research analysts have weighed in on the stock. TheStreet downgraded shares of Electronics for Imaging from a “b-” rating to a “c” rating in a research note on Friday, August 4th. ValuEngine upgraded shares of Electronics for Imaging from a “sell” rating to a “hold” rating in a research note on Friday. Longbow Research upgraded shares of Electronics for Imaging from an “underperform” rating to a “neutral” rating in a research note on Wednesday, September 6th. Needham & Company LLC raised their target price on shares of Electronics for Imaging from $38.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, September 6th. Finally, Cross Research downgraded shares of Electronics for Imaging from a “buy” rating to a “hold” rating and set a $55.00 target price for the company. in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $50.70.

Shares of Electronics for Imaging (NASDAQ:EFII) opened at 41.59 on Friday. Electronics for Imaging has a 12 month low of $25.54 and a 12 month high of $51.15. The company has a market capitalization of $1.93 billion, a PE ratio of 43.10 and a beta of 1.27. The stock has a 50 day moving average price of $36.71 and a 200-day moving average price of $44.90.

Electronics for Imaging declared that its board has authorized a share repurchase plan on Monday, September 11th that permits the company to repurchase $125.00 million in shares. This repurchase authorization permits the technology company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

In other Electronics for Imaging news, CEO Guy Gecht sold 13,746 shares of Electronics for Imaging stock in a transaction on Friday, July 28th. The shares were sold at an average price of $48.21, for a total value of $662,694.66. Following the completion of the transaction, the chief executive officer now owns 386,760 shares of the company’s stock, valued at $18,645,699.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 45,458 shares of company stock valued at $2,118,405 in the last ninety days. 1.88% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in Electronics for Imaging in the second quarter valued at $108,000. Tyers Asset Management LLC increased its holdings in Electronics for Imaging by 9.3% in the first quarter. Tyers Asset Management LLC now owns 2,296 shares of the technology company’s stock valued at $112,000 after buying an additional 196 shares in the last quarter. Strs Ohio increased its holdings in Electronics for Imaging by 91.7% in the first quarter. Strs Ohio now owns 2,300 shares of the technology company’s stock valued at $112,000 after buying an additional 1,100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Electronics for Imaging by 83.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,287 shares of the technology company’s stock valued at $112,000 after buying an additional 1,037 shares in the last quarter. Finally, Flinton Capital Management LLC increased its holdings in Electronics for Imaging by 9.3% in the first quarter. Flinton Capital Management LLC now owns 2,788 shares of the technology company’s stock valued at $136,000 after buying an additional 238 shares in the last quarter.

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About Electronics for Imaging

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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Earnings History and Estimates for Electronics for Imaging (NASDAQ:EFII)

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