Shares of Electronics For Imaging, Inc. (NASDAQ:EFII) have received an average rating of “Hold” from the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $38.13.
EFII has been the subject of a number of research analyst reports. BidaskClub upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. ValuEngine upgraded shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research report on Tuesday, August 7th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research report on Friday, August 3rd. Finally, TheStreet upgraded shares of Electronics For Imaging from a “d+” rating to a “c” rating in a research report on Tuesday, May 29th.
In other news, CEO Guy Gecht sold 9,000 shares of the company’s stock in a transaction on Friday, July 27th. The shares were sold at an average price of $33.89, for a total value of $305,010.00. Following the sale, the chief executive officer now directly owns 271,006 shares of the company’s stock, valued at approximately $9,184,393.34. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders sold 27,000 shares of company stock worth $917,100. Insiders own 1.63% of the company’s stock.
Large investors have recently bought and sold shares of the company. Senvest Management LLC bought a new stake in shares of Electronics For Imaging in the 2nd quarter valued at $12,292,000. Xact Kapitalforvaltning AB bought a new stake in shares of Electronics For Imaging in the 2nd quarter valued at $281,000. Formula Growth Ltd. boosted its stake in shares of Electronics For Imaging by 25.9% in the 2nd quarter. Formula Growth Ltd. now owns 1,083,327 shares of the technology company’s stock valued at $35,273,000 after purchasing an additional 222,833 shares during the last quarter. Intrinsic Edge Capital Management LLC bought a new stake in shares of Electronics For Imaging in the 2nd quarter valued at $6,141,000. Finally, FDx Advisors Inc. bought a new stake in shares of Electronics For Imaging in the 2nd quarter valued at $306,000.
EFII stock opened at $33.57 on Friday. The company has a market cap of $1.44 billion, a P/E ratio of 124.33, a P/E/G ratio of 24.08 and a beta of 1.08. Electronics For Imaging has a 1 year low of $25.28 and a 1 year high of $43.89. The company has a quick ratio of 2.15, a current ratio of 2.55 and a debt-to-equity ratio of 0.43.
Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings data on Monday, July 30th. The technology company reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.03). The company had revenue of $261.07 million for the quarter, compared to analyst estimates of $263.72 million. Electronics For Imaging had a positive return on equity of 0.50% and a negative net margin of 2.29%. Electronics For Imaging’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 earnings per share. research analysts expect that Electronics For Imaging will post 0.45 earnings per share for the current fiscal year.
Electronics For Imaging Company Profile
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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