Brokerages predict that Electronics For Imaging, Inc. (NASDAQ:EFII) will report earnings per share (EPS) of $0.54 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Electronics For Imaging’s earnings. The lowest EPS estimate is $0.52 and the highest is $0.56. Electronics For Imaging posted earnings of $0.77 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 29.9%. The company is expected to issue its next quarterly earnings results on Wednesday, January 24th.

On average, analysts expect that Electronics For Imaging will report full-year earnings of $2.04 per share for the current year, with EPS estimates ranging from $1.76 to $2.13. For the next year, analysts anticipate that the business will report earnings of $2.23 per share, with EPS estimates ranging from $2.06 to $2.40. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Electronics For Imaging.

Electronics For Imaging (NASDAQ:EFII) last released its earnings results on Thursday, October 26th. The technology company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). Electronics For Imaging had a net margin of 3.09% and a return on equity of 3.67%. The firm had revenue of $248.36 million during the quarter, compared to the consensus estimate of $258.09 million. During the same period in the prior year, the business earned $0.58 earnings per share. Electronics For Imaging’s quarterly revenue was up 1.1% compared to the same quarter last year.

Several equities analysts have commented on EFII shares. Barclays reissued a “buy” rating and issued a $47.00 target price on shares of Electronics For Imaging in a report on Thursday, September 14th. Needham & Company LLC reissued a “buy” rating and issued a $48.00 target price (up from $45.00) on shares of Electronics For Imaging in a report on Tuesday, September 12th. Cross Research raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Citigroup reissued a “buy” rating and issued a $53.00 target price on shares of Electronics For Imaging in a report on Thursday, September 7th. Finally, Stifel Nicolaus decreased their target price on shares of Electronics For Imaging from $49.00 to $42.00 and set a “buy” rating on the stock in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. Electronics For Imaging presently has a consensus rating of “Hold” and an average target price of $44.22.

In related news, Director Dan Maydan sold 6,500 shares of Electronics For Imaging stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $30.87, for a total transaction of $200,655.00. Following the sale, the director now directly owns 33,310 shares of the company’s stock, valued at approximately $1,028,279.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Guy Gecht sold 9,000 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $29.50, for a total transaction of $265,500.00. Following the sale, the chief executive officer now directly owns 354,141 shares in the company, valued at $10,447,159.50. The disclosure for this sale can be found here. Insiders have sold a total of 33,500 shares of company stock worth $1,120,365 over the last ninety days. 1.88% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of EFII. Renaissance Technologies LLC bought a new stake in Electronics For Imaging during the 1st quarter worth approximately $1,144,000. Municipal Employees Retirement System of Michigan grew its holdings in Electronics For Imaging by 2.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 10,960 shares of the technology company’s stock worth $519,000 after acquiring an additional 270 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Electronics For Imaging by 2.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 286,633 shares of the technology company’s stock worth $13,581,000 after acquiring an additional 6,279 shares during the last quarter. Arizona State Retirement System grew its holdings in Electronics For Imaging by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 24,269 shares of the technology company’s stock worth $1,150,000 after acquiring an additional 100 shares during the last quarter. Finally, State of Wisconsin Investment Board grew its holdings in Electronics For Imaging by 0.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 145,570 shares of the technology company’s stock worth $6,897,000 after acquiring an additional 1,163 shares during the last quarter.

Electronics For Imaging (NASDAQ:EFII) opened at $29.67 on Tuesday. The company has a quick ratio of 2.20, a current ratio of 2.63 and a debt-to-equity ratio of 0.38. Electronics For Imaging has a 1-year low of $25.54 and a 1-year high of $51.15. The company has a market cap of $1,319.10, a PE ratio of 44.42 and a beta of 1.25.

Electronics For Imaging announced that its Board of Directors has initiated a stock repurchase plan on Monday, September 11th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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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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