Several other research firms have also recently weighed in on EFII. ValuEngine cut Electronics For Imaging from a hold rating to a sell rating in a report on Friday, February 2nd. Zacks Investment Research cut Electronics For Imaging from a hold rating to a sell rating in a report on Thursday, February 1st. Stifel Nicolaus lifted their price objective on Electronics For Imaging from $36.00 to $40.00 and gave the company a buy rating in a report on Thursday, February 1st. BidaskClub lowered Electronics For Imaging from a hold rating to a sell rating in a research report on Tuesday, January 30th. Finally, Barclays lowered Electronics For Imaging from an equal weight rating to an underweight rating and lowered their price target for the stock from $33.00 to $31.00 in a research report on Wednesday, January 10th. Five 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. The company has a consensus rating of Hold and a consensus target price of $42.78.
Electronics For Imaging (EFII) traded down $0.34 during trading on Thursday, reaching $25.75. The company’s stock had a trading volume of 841,400 shares, compared to its average volume of 602,802. Electronics For Imaging has a 1 year low of $25.28 and a 1 year high of $51.15. The firm has a market capitalization of $1,176.54, a price-to-earnings ratio of -78.03, a P/E/G ratio of 23.20 and a beta of 1.07. The company has a quick ratio of 2.14, a current ratio of 2.58 and a debt-to-equity ratio of 0.41.
Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.52 earnings per share (EPS) for the quarter, missing the 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 firm had revenue of $269.20 million during the quarter, compared to the consensus estimate of $264.62 million. During the same quarter in the prior year, the business earned $0.77 EPS. Electronics For Imaging’s revenue was up .9% on a year-over-year basis. sell-side analysts forecast that Electronics For Imaging will post 0.37 EPS for the current fiscal year.
In other news, CEO Guy Gecht sold 9,000 shares of the company’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $30.31, for a total transaction of $272,790.00. Following the completion of the sale, the chief executive officer now directly owns 324,450 shares in the company, valued at approximately $9,834,079.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 36,000 shares of company stock valued at $1,075,860. Corporate insiders own 1.88% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Electronics For Imaging by 0.8% during 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 in the last quarter. California Public Employees Retirement System increased its holdings in Electronics For Imaging by 7.8% in the 3rd quarter. California Public Employees Retirement System now owns 102,228 shares of the technology company’s stock worth $4,363,000 after purchasing an additional 7,428 shares in the last quarter. Senvest Management LLC acquired a new position in Electronics For Imaging in the 3rd quarter worth about $1,280,000. Northern Trust Corp increased its holdings in Electronics For Imaging by 1.7% in the 2nd quarter. Northern Trust Corp now owns 959,619 shares of the technology company’s stock worth $45,466,000 after purchasing an additional 15,801 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Electronics For Imaging by 202.8% in the 2nd quarter. Royal Bank of Canada now owns 7,209 shares of the technology company’s stock worth $342,000 after purchasing an additional 4,828 shares in the last quarter.
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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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