Electronics For Imaging, Inc. (EFII) Given Consensus Rating of “Hold” by Analysts

Electronics For Imaging, Inc. (NASDAQ:EFII) has received an average rating of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $38.14.

Several equities analysts recently issued reports on the stock. TheStreet raised shares of Electronics For Imaging from a “d+” rating to a “c” rating in a report on Tuesday, May 29th. BidaskClub cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Wednesday, June 27th. Zacks Investment Research cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. Morgan Stanley raised their price objective on shares of Electronics For Imaging from $27.00 to $28.00 and gave the company an “underweight” rating in a research report on Tuesday, May 1st. Finally, ValuEngine upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd.

In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, May 29th. The shares were sold at an average price of $33.14, for a total value of $298,260.00. Following the completion of the sale, the chief executive officer now owns 289,006 shares in the company, valued at approximately $9,577,658.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 27,000 shares of company stock valued at $856,710 in the last 90 days. Corporate insiders own 1.63% of the company’s stock.

Several large investors have recently modified their holdings of the company. Royal Bank of Canada grew its position in shares of Electronics For Imaging by 341.6% during the 1st quarter. Royal Bank of Canada now owns 35,670 shares of the technology company’s stock worth $975,000 after buying an additional 27,592 shares during the period. Legal & General Group Plc grew its position in shares of Electronics For Imaging by 1.9% during the 1st quarter. Legal & General Group Plc now owns 92,881 shares of the technology company’s stock worth $2,510,000 after buying an additional 1,756 shares during the period. Cubist Systematic Strategies LLC grew its position in shares of Electronics For Imaging by 265.7% during the 1st quarter. Cubist Systematic Strategies LLC now owns 31,021 shares of the technology company’s stock worth $848,000 after buying an additional 22,538 shares during the period. Guggenheim Capital LLC grew its position in shares of Electronics For Imaging by 17.4% during the 1st quarter. Guggenheim Capital LLC now owns 11,785 shares of the technology company’s stock worth $323,000 after buying an additional 1,743 shares during the period. Finally, Skyline Asset Management LP acquired a new stake in shares of Electronics For Imaging during the 1st quarter worth approximately $2,624,000.

Shares of Electronics For Imaging opened at $32.91 on Tuesday, MarketBeat reports. Electronics For Imaging has a 12-month low of $25.28 and a 12-month high of $49.76. The stock has a market cap of $1.46 billion, a P/E ratio of 121.89, a PEG ratio of 63.84 and a beta of 1.08. The company has a quick ratio of 2.12, a current ratio of 2.55 and a debt-to-equity ratio of 0.41.

Electronics For Imaging (NASDAQ:EFII) last announced its quarterly earnings results on Monday, April 30th. The technology company reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38. Electronics For Imaging had a negative net margin of 2.43% and a positive return on equity of 0.36%. The firm had revenue of $239.90 million during the quarter, compared to the consensus estimate of $236.62 million. During the same period last year, the firm posted $0.55 EPS. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. equities research analysts expect that Electronics For Imaging will post 0.17 EPS 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.

Analyst Recommendations for Electronics For Imaging (NASDAQ:EFII)

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