Shares of Energy Focus Inc (NASDAQ:EFOI) have earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $4.00.
Several brokerages recently weighed in on EFOI. Benchmark restated a “hold” rating on shares of Energy Focus in a report on Thursday, May 3rd. B. Riley reiterated a “hold” rating on shares of Energy Focus in a report on Friday, February 23rd. Zacks Investment Research lowered shares of Energy Focus from a “hold” rating to a “sell” rating in a report on Friday, May 4th. Finally, HC Wainwright set a $6.00 target price on shares of Energy Focus and gave the stock a “buy” rating in a report on Thursday, May 3rd.
Shares of NASDAQ EFOI opened at $2.19 on Friday. Energy Focus has a fifty-two week low of $1.51 and a fifty-two week high of $3.46. The company has a market capitalization of $27.21 million, a P/E ratio of -2.77 and a beta of -0.26.
Energy Focus (NASDAQ:EFOI) last announced its quarterly earnings data on Wednesday, May 2nd. The construction company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.04). Energy Focus had a negative net margin of 44.78% and a negative return on equity of 40.15%. The business had revenue of $4.66 million during the quarter, compared to analyst estimates of $5.35 million. equities analysts predict that Energy Focus will post -0.62 EPS for the current fiscal year.
Energy Focus Company Profile
Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers various light-emitting diode (LED) lighting technologies, including military maritime products, such as Military Intellitube, globe lights, berth lights, and fixtures to serve the United States navy and allied foreign navies.
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