A number of research firms have recently weighed in on EFII. Needham & Company LLC restated a “buy” rating on shares of Electronics for Imaging in a research report on Monday. TheStreet upgraded Electronics for Imaging from a “c+” rating to a “b” rating in a research report on Wednesday, February 1st. Stifel Nicolaus dropped their target price on Electronics for Imaging from $53.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, January 26th. Zacks Investment Research downgraded Electronics for Imaging from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 8th. Finally, Brean Capital set a $60.00 target price on Electronics for Imaging and gave the stock a “buy” rating in a research report on Tuesday, October 25th.
Shares of Electronics for Imaging, Inc. (NASDAQ:EFII) have been given an average rating of “Buy” by the eight brokerages that are presently covering the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $52.67.
Electronics for Imaging (NASDAQ:EFII) opened at 45.83 on Monday. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 48.24 and a beta of 1.31. The stock has a 50 day moving average of $44.78 and a 200 day moving average of $44.94. Electronics for Imaging has a 1-year low of $35.94 and a 1-year high of $50.09.
Electronics for Imaging (NASDAQ:EFII) last released its earnings results on Wednesday, January 25th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The company earned $266.70 million during the quarter, compared to the consensus estimate of $271.93 million. Electronics for Imaging had a return on equity of 7.34% and a net margin of 4.57%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 earnings per share. Equities analysts expect that Electronics for Imaging will post $2.69 earnings per share for the current year.
In other Electronics for Imaging news, Director Richard A. Kashnow sold 14,000 shares of the business’s stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $43.45, for a total value of $608,300.00. Following the completion of the transaction, the director now directly owns 3,500 shares of the company’s stock, valued at $152,075. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Guy Gecht sold 14,967 shares of the business’s stock in a transaction dated Monday, January 30th. The shares were sold at an average price of $45.47, for a total value of $680,549.49. Following the completion of the transaction, the chief executive officer now directly owns 419,373 shares of the company’s stock, valued at $19,068,890.31. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,162 shares of company stock valued at $2,862,669. Insiders own 2.24% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of EFII. First Interstate Bank raised its stake in shares of Electronics for Imaging by 3.6% in the fourth quarter. First Interstate Bank now owns 4,128 shares of the company’s stock valued at $181,000 after buying an additional 145 shares during the last quarter. Capital Investment Counsel Inc acquired a new stake in Electronics for Imaging during the second quarter valued at approximately $202,000. LaSalle Street Capital Management LLC acquired a new stake in Electronics for Imaging during the fourth quarter valued at approximately $219,000. BlackRock Inc. raised its stake in Electronics for Imaging by 9.4% in the third quarter. BlackRock Inc. now owns 4,731 shares of the company’s stock valued at $231,000 after buying an additional 408 shares in the last quarter. Finally, Amalgamated Bank raised its stake in Electronics for Imaging by 10.0% in the second quarter. Amalgamated Bank now owns 5,431 shares of the company’s stock valued at $237,000 after buying an additional 492 shares in the last quarter.
Electronics for Imaging Company Profile
Electronics For Imaging, Inc (EFI) 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. The Company operates through three segments: Industrial Inkjet, Productivity Software and Fiery.