Analysts expect Energy Focus Inc (NASDAQ:EFOI) to post $5.68 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Energy Focus’ earnings. The highest sales estimate is $6.20 million and the lowest is $5.20 million. Energy Focus reported sales of $4.73 million in the same quarter last year, which would suggest a positive year over year growth rate of 20.1%. The company is expected to announce its next quarterly earnings results on Thursday, February 28th.
According to Zacks, analysts expect that Energy Focus will report full-year sales of $20.68 million for the current year, with estimates ranging from $20.20 million to $21.20 million. For the next financial year, analysts anticipate that the business will post sales of $29.45 million, with estimates ranging from $25.00 million to $33.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Energy Focus.
Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, November 7th. The construction company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.03. The firm had revenue of $5.16 million during the quarter, compared to analysts’ expectations of $5.83 million. Energy Focus had a negative net margin of 40.43% and a negative return on equity of 46.56%.
Several equities research analysts have weighed in on EFOI shares. B. Riley restated a “neutral” rating on shares of Energy Focus in a research report on Thursday, November 8th. HC Wainwright set a $6.00 price objective on shares of Energy Focus and gave the company a “buy” rating in a research report on Thursday, November 8th. Finally, Roth Capital set a $1.00 price objective on shares of Energy Focus and gave the company a “hold” rating in a research report on Wednesday, November 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Energy Focus has a consensus rating of “Hold” and an average price target of $3.25.
EFOI opened at $0.99 on Thursday. The stock has a market capitalization of $11.95 million, a price-to-earnings ratio of -1.25 and a beta of -0.18. Energy Focus has a 1-year low of $0.89 and a 1-year high of $3.45.
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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