Equities Analysts Offer Predictions for Electronics for Imaging, Inc.’s FY2017 Earnings (EFII)

Electronics for Imaging, Inc. (NASDAQ:EFII) – Stock analysts at William Blair issued their FY2017 earnings estimates for shares of Electronics for Imaging in a research report issued on Monday. William Blair analyst B. Drab anticipates that the technology company will earn $0.73 per share for the year. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Electronics for Imaging’s FY2018 earnings at $1.00 EPS.

Other research analysts have also recently issued research reports about the company. TheStreet cut Electronics for Imaging from a “b-” rating to a “c” rating in a research note on Friday, August 4th. Cross Research cut Electronics for Imaging from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Aegis assumed coverage on Electronics for Imaging in a research note on Tuesday, June 13th. They set a “buy” rating and a $58.00 price objective on the stock. Longbow Research cut Electronics for Imaging from a “buy” rating to a “neutral” rating in a research note on Thursday, June 22nd. They noted that the move was a valuation call. Finally, Zacks Investment Research upgraded Electronics for Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. Electronics for Imaging currently has an average rating of “Hold” and a consensus price target of $54.67.

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Shares of Electronics for Imaging (EFII) opened at 30.87 on Wednesday. The firm’s 50-day moving average price is $47.80 and its 200 day moving average price is $47.14. The stock has a market cap of $1.44 billion, a P/E ratio of 30.50 and a beta of 1.23. Electronics for Imaging has a one year low of $25.99 and a one year high of $51.15.

A number of hedge funds have recently made changes to their positions in EFII. SG Americas Securities LLC purchased a new stake in shares of Electronics for Imaging during the second quarter valued at $108,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Electronics for Imaging by 83.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,287 shares of the technology company’s stock valued at $112,000 after buying an additional 1,037 shares in the last quarter. Tyers Asset Management LLC raised its stake in shares of Electronics for Imaging by 9.3% in the first quarter. Tyers Asset Management LLC now owns 2,296 shares of the technology company’s stock valued at $112,000 after buying an additional 196 shares in the last quarter. Strs Ohio raised its stake in shares of Electronics for Imaging by 91.7% in the first quarter. Strs Ohio now owns 2,300 shares of the technology company’s stock valued at $112,000 after buying an additional 1,100 shares in the last quarter. Finally, Acrospire Investment Management LLC raised its stake in shares of Electronics for Imaging by 156.1% in the first quarter. Acrospire Investment Management LLC now owns 2,305 shares of the technology company’s stock valued at $113,000 after buying an additional 1,405 shares in the last quarter.

In related news, Director Thomas Georgens sold 25,000 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $46.56, for a total value of $1,164,000.00. Following the completion of the sale, the director now directly owns 68,500 shares of the company’s stock, valued at $3,189,360. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Guy Gecht sold 13,746 shares of the business’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $48.21, for a total value of $662,694.66. Following the completion of the sale, the chief executive officer now directly owns 386,760 shares of the company’s stock, valued at $18,645,699.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,176 shares of company stock worth $3,563,183. Insiders own 1.88% of the company’s stock.

Electronics for Imaging Company Profile

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

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