Electronics For Imaging, Inc. (EFII) Expected to Announce Earnings of $0.54 Per Share

Brokerages expect Electronics For Imaging, Inc. (NASDAQ:EFII) to announce earnings per share (EPS) of $0.54 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided 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 per share of $0.77 in the same quarter last year, which would suggest a negative year-over-year growth rate of 29.9%. The company is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, January 31st.

According to Zacks, analysts expect that Electronics For Imaging will report full-year earnings of $2.04 per share for the current financial year, with EPS estimates ranging from $1.76 to $2.13. For the next year, analysts forecast that the firm will post earnings of $2.23 per share, with EPS estimates ranging from $2.06 to $2.40. Zacks’ earnings per share averages are an average based on a survey of research analysts 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 Zacks’ consensus estimate of $0.58 by ($0.10). Electronics For Imaging had a return on equity of 3.67% and a net margin of 3.09%. The firm had revenue of $248.36 million for the quarter, compared to analyst estimates of $258.09 million. During the same period last year, the firm earned $0.58 EPS. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year.

Several research analysts recently weighed in on the company. Barclays cut Electronics For Imaging from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $33.00 to $31.00 in a research report on Wednesday, January 10th. William Blair cut Electronics For Imaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. Stifel Nicolaus reduced their price target on Electronics For Imaging from $49.00 to $42.00 and set a “buy” rating for the company in a research report on Friday, October 27th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $48.00 price target on shares of Electronics For Imaging in a research report on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Electronics For Imaging currently has an average rating of “Hold” and an average price target of $43.00.

In other news, 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 value of $265,500.00. Following the completion of the sale, the chief executive officer now directly owns 354,141 shares in the company, valued at $10,447,159.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dan Maydan sold 6,500 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $30.87, for a total value of $200,655.00. Following the completion of the sale, the director now owns 33,310 shares of the company’s stock, valued at $1,028,279.70. The disclosure for this sale can be found here. Insiders sold 42,500 shares of company stock valued at $1,269,225 over the last 90 days. Company insiders own 1.88% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Electronics For Imaging in the second quarter valued at approximately $108,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Electronics For Imaging by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,504 shares of the technology company’s stock worth $119,000 after purchasing an additional 217 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Electronics For Imaging during the third quarter worth approximately $213,000. Shelton Capital Management purchased a new stake in shares of Electronics For Imaging during the second quarter worth approximately $219,000. Finally, Riverhead Capital Management LLC increased its position in shares of Electronics For Imaging by 75.2% during the second quarter. Riverhead Capital Management LLC now owns 4,730 shares of the technology company’s stock worth $224,000 after purchasing an additional 2,030 shares in the last quarter.

Electronics For Imaging (EFII) traded up $1.48 during trading on Friday, hitting $30.98. The company had a trading volume of 523,350 shares, compared to its average volume of 387,710. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.63 and a quick ratio of 2.20. Electronics For Imaging has a 12-month low of $25.54 and a 12-month high of $51.15. The firm has a market capitalization of $1,415.51, a P/E ratio of 47.66 and a beta of 1.26.

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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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