Electronics For Imaging (EFII) Stock Rating Upgraded by ValuEngine

Electronics For Imaging (NASDAQ:EFII) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Monday, ValuEngine reports.

EFII has been the subject of a number of other reports. Zacks Investment Research raised shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, April 2nd. Cross Research downgraded shares of Electronics For Imaging from a “buy” rating to a “hold” rating and set a $20.12 price target for the company. in a research note on Wednesday, January 16th. Citigroup lowered their target price on shares of Electronics For Imaging to $32.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. Needham & Company LLC downgraded shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Electronics For Imaging in a research note on Wednesday, January 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $29.16.

Shares of EFII traded up $8.60 on Monday, reaching $38.00. 8,450,811 shares of the company’s stock were exchanged, compared to its average volume of 739,851. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.12. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -1,900.00 and a beta of 1.09. Electronics For Imaging has a 12 month low of $19.76 and a 12 month high of $38.33.

Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Wednesday, January 30th. The technology company reported $0.46 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.46. The business had revenue of $256.95 million during the quarter, compared to the consensus estimate of $256.10 million. Electronics For Imaging had a negative net margin of 0.10% and a negative return on equity of 0.13%. Electronics For Imaging’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 earnings per share. As a group, analysts expect that Electronics For Imaging will post -0.43 EPS for the current year.

Large investors have recently modified their holdings of the business. Pearl River Capital LLC bought a new stake in Electronics For Imaging in the fourth quarter valued at approximately $32,000. Cowen Prime Services LLC acquired a new position in shares of Electronics For Imaging in the fourth quarter valued at approximately $119,000. Neuburgh Advisers LLC boosted its holdings in shares of Electronics For Imaging by 23.9% in the fourth quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock valued at $172,000 after buying an additional 1,342 shares during the period. Riverhead Capital Management LLC boosted its holdings in shares of Electronics For Imaging by 34.8% in the third quarter. Riverhead Capital Management LLC now owns 8,530 shares of the technology company’s stock valued at $291,000 after buying an additional 2,200 shares during the period. Finally, Stone Ridge Asset Management LLC boosted its holdings in shares of Electronics For Imaging by 22.8% in the fourth quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock valued at $219,000 after buying an additional 1,640 shares during the period.

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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Analyst Recommendations for Electronics For Imaging (NASDAQ:EFII)

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