BidaskClub upgraded shares of Electronics for Imaging (NASDAQ:EFII) from a sell rating to a hold rating in a research report released on Thursday.
EFII has been the subject of a number of other reports. TheStreet downgraded shares of Electronics for Imaging from a c rating to a d+ rating in a research report on Thursday, February 1st. Zacks Investment Research downgraded shares of Electronics for Imaging from a hold rating to a sell rating in a research report on Thursday, February 1st. Griffin Securities reissued a buy rating on shares of Electronics for Imaging in a research report on Thursday, February 1st. Stifel Nicolaus increased their target price on shares of Electronics for Imaging from $36.00 to $40.00 and gave the company a buy rating in a research report on Thursday, February 1st. Finally, Barclays downgraded shares of Electronics for Imaging from an equal weight rating to an underweight rating and reduced their target price for the company from $33.00 to $31.00 in a research report on Wednesday, January 10th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $42.78.
Shares of EFII stock opened at $29.15 on Thursday. Electronics for Imaging has a 52-week low of $25.28 and a 52-week high of $50.98. The company has a quick ratio of 2.21, a current ratio of 2.61 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1,311.98, a price-to-earnings ratio of 112.12, a PEG ratio of 40.49 and a beta of 1.02.
Electronics for Imaging (NASDAQ:EFII) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.01). Electronics for Imaging had a positive return on equity of 1.46% and a negative net margin of 1.54%. The firm had revenue of $269.20 million during the quarter, compared to the consensus estimate of $264.62 million. During the same period in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up .9% on a year-over-year basis. equities analysts expect that Electronics for Imaging will post 0.24 EPS for the current year.
In other news, CEO Guy Gecht sold 9,000 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $30.31, for a total transaction of $272,790.00. Following the completion of the transaction, the chief executive officer now directly owns 324,450 shares of the company’s stock, valued at approximately $9,834,079.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 27,000 shares of company stock valued at $768,960 over the last three months. Insiders own 1.88% of the company’s stock.
Several hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc lifted its stake in shares of Electronics for Imaging by 3.1% during the 3rd quarter. Legal & General Group Plc now owns 92,142 shares of the technology company’s stock valued at $3,933,000 after buying an additional 2,810 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Electronics for Imaging by 0.3% during the 4th quarter. Victory Capital Management Inc. now owns 1,407,309 shares of the technology company’s stock valued at $41,558,000 after buying an additional 3,540 shares in the last quarter. Swiss National Bank lifted its stake in shares of Electronics for Imaging by 5.5% during the 4th quarter. Swiss National Bank now owns 81,100 shares of the technology company’s stock valued at $2,395,000 after buying an additional 4,200 shares in the last quarter. US Bancorp DE lifted its stake in shares of Electronics for Imaging by 16.7% during the 4th quarter. US Bancorp DE now owns 29,530 shares of the technology company’s stock valued at $872,000 after buying an additional 4,224 shares in the last quarter. Finally, Elkfork Partners LLC purchased a new stake in shares of Electronics for Imaging during the 4th quarter valued at approximately $156,000.
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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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