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.

Read More: Balance Sheet

Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply