Electronics For Imaging, Inc. (EFII) Expected to Announce Earnings of $0.39 Per Share

Equities research analysts expect Electronics For Imaging, Inc. (NASDAQ:EFII) to post $0.39 earnings per share for the current quarter, Zacks reports. Four analysts have made estimates for Electronics For Imaging’s earnings, with estimates ranging from $0.37 to $0.41. Electronics For Imaging posted earnings per share of $0.55 in the same quarter last year, which would indicate a negative year over year growth rate of 29.1%. The business is scheduled to issue its next quarterly earnings report on Thursday, April 19th.

On average, analysts expect that Electronics For Imaging will report full year earnings of $2.18 per share for the current year, with EPS estimates ranging from $2.11 to $2.30. For the next financial year, analysts forecast that the company will post earnings of $2.40 per share, with EPS estimates ranging from $2.17 to $2.65. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Electronics For Imaging.

Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.01). Electronics For Imaging had a negative net margin of 1.54% and a positive return on equity of 1.46%. The company had revenue of $269.20 million for the quarter, compared to analysts’ expectations of $264.62 million. During the same period in the previous year, the firm earned $0.77 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis.

A number of research firms have commented on EFII. Barclays cut Electronics For Imaging from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $33.00 to $31.00 in a research note on Wednesday, January 10th. TheStreet lowered Electronics For Imaging from a “c” rating to a “d+” rating in a research note on Thursday, February 1st. Stifel Nicolaus upped their target price on Electronics For Imaging from $36.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Griffin Securities reaffirmed a “buy” rating on shares of Electronics For Imaging in a research note on Thursday, February 1st. Finally, William Blair lowered Electronics For Imaging from an “outperform” rating to a “market perform” rating in a research note on Friday, October 27th. Five equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $42.78.

In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of the stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $29.65, for a total transaction of $266,850.00. Following the transaction, the chief executive officer now owns 333,450 shares of the company’s stock, valued at approximately $9,886,792.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Dan Maydan sold 6,500 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $30.87, for a total value of $200,655.00. Following the transaction, the director now directly owns 33,310 shares in the company, valued at approximately $1,028,279.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,500 shares of company stock worth $1,276,515. Corporate insiders own 1.88% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Electronics For Imaging by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 4,202,705 shares of the technology company’s stock worth $199,125,000 after buying an additional 34,640 shares during the last quarter. Victory Capital Management Inc. grew its position in Electronics For Imaging by 0.3% during the fourth quarter. Victory Capital Management Inc. now owns 1,407,309 shares of the technology company’s stock valued at $41,558,000 after acquiring an additional 3,540 shares during the last quarter. State Street Corp grew its position in Electronics For Imaging by 3.7% during the second quarter. State Street Corp now owns 1,165,317 shares of the technology company’s stock valued at $55,217,000 after acquiring an additional 41,326 shares during the last quarter. Westwood Holdings Group Inc. grew its position in Electronics For Imaging by 7.7% during the second quarter. Westwood Holdings Group Inc. now owns 1,055,845 shares of the technology company’s stock valued at $49,629,000 after acquiring an additional 75,045 shares during the last quarter. Finally, Northern Trust Corp grew its position in Electronics For Imaging by 1.7% during the second quarter. Northern Trust Corp now owns 959,619 shares of the technology company’s stock valued at $45,466,000 after acquiring an additional 15,801 shares during the last quarter.

Electronics For Imaging (NASDAQ:EFII) traded down $0.14 during trading on Wednesday, reaching $26.93. The company’s stock had a trading volume of 145,247 shares, compared to its average volume of 599,141. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.14 and a current ratio of 2.58. Electronics For Imaging has a 52 week low of $25.54 and a 52 week high of $51.15. The stock has a market capitalization of $1,242.79, a PE ratio of -82.24 and a beta of 1.07.

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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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