Electronics For Imaging, Inc. (NASDAQ:EFII) saw unusually large options trading activity on Wednesday. Stock investors acquired 920 put options on the stock. This is an increase of approximately 1,233% compared to the average daily volume of 69 put options.
Electronics For Imaging stock opened at $28.97 on Thursday. Electronics For Imaging has a 1-year low of $25.28 and a 1-year high of $51.15. The company has a market cap of $1,286.78, a PE ratio of -87.79, a price-to-earnings-growth ratio of 39.71 and a beta of 1.09. The company has a current ratio of 2.61, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41.
Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.52 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 company had revenue of $269.20 million for the quarter, compared to the consensus estimate of $264.62 million. During the same period last year, the company earned $0.77 EPS. The firm’s revenue for the quarter was up .9% on a year-over-year basis. equities research analysts forecast that Electronics For Imaging will post 0.24 earnings per share for the current fiscal year.
Several research analysts recently weighed in on EFII shares. BidaskClub downgraded shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Zacks Investment Research raised shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. ValuEngine downgraded shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Griffin Securities reissued a “buy” rating on shares of Electronics For Imaging in a report on Thursday, February 1st. Finally, Stifel Nicolaus increased their price objective on shares of Electronics For Imaging from $36.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $42.78.
In related news, CEO Guy Gecht sold 9,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $28.35, for a total value of $255,150.00. Following the completion of the transaction, the chief executive officer now owns 325,006 shares of the company’s stock, valued at approximately $9,213,920.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 36,000 shares of company stock valued at $1,061,640 in the last ninety days. 1.88% of the stock is currently owned by insiders.
Several institutional investors and hedge funds have recently added to or reduced their stakes in EFII. Campbell & CO Investment Adviser LLC bought a new position in shares of Electronics For Imaging in the 3rd quarter valued at about $213,000. Elkfork Partners LLC bought a new position in shares of Electronics For Imaging in the 4th quarter valued at about $156,000. Catalyst Capital Advisors LLC bought a new position in shares of Electronics For Imaging in the 3rd quarter valued at about $286,000. FDx Advisors Inc. bought a new position in shares of Electronics For Imaging in the 3rd quarter valued at about $290,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Electronics For Imaging in the 3rd quarter valued at about $377,000.
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About Electronics For Imaging
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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