HC Wainwright Reiterates $6.00 Price Target for Energy Focus (EFOI)

HC Wainwright set a $6.00 price target on Energy Focus (NASDAQ:EFOI) in a research report report published on Thursday. The firm currently has a buy rating on the construction company’s stock.

Separately, Roth Capital set a $1.00 target price on shares of Energy Focus and gave the company a hold rating in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $3.19.

Shares of EFOI stock traded up $0.01 on Thursday, hitting $1.27. The stock had a trading volume of 22,700 shares, compared to its average volume of 16,389. The company has a market cap of $13.61 million, a P/E ratio of -1.61 and a beta of -0.21. Energy Focus has a 12-month low of $1.02 and a 12-month high of $3.46.

Energy Focus (NASDAQ:EFOI) last announced its earnings results on Wednesday, November 7th. The construction company reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.03. The company had revenue of $5.16 million during the quarter, compared to the consensus estimate of $5.83 million. Energy Focus had a negative net margin of 40.01% and a negative return on equity of 42.65%. On average, equities research analysts predict that Energy Focus will post -0.65 earnings per share for the current 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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