Electronics For Imaging (EFII) Stock Rating Upgraded by ValuEngine

Electronics For Imaging (NASDAQ:EFII) was upgraded by equities researchers at ValuEngine from a “buy” rating to a “strong-buy” rating in a report issued on Monday, ValuEngine reports.

Other equities analysts have also issued reports about the stock. BidaskClub raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Loop Capital lowered their price target on shares of Electronics For Imaging to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 16th. Citigroup lowered their price target on shares of Electronics For Imaging to $32.00 and set a “buy” rating on the stock in a research report on Wednesday, January 16th. Zacks Investment Research raised shares of Electronics For Imaging from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 1st. Finally, Needham & Company LLC lowered shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Electronics For Imaging has an average rating of “Hold” and a consensus target price of $29.16.

EFII stock traded up $8.60 during trading hours on Monday, reaching $38.00. The stock had a trading volume of 8,450,811 shares, compared to its average volume of 739,851. The stock has a market cap of $1.25 billion, a P/E ratio of -1,900.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.12. Electronics For Imaging has a fifty-two week low of $19.76 and a fifty-two week high of $38.33.

Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings results on Wednesday, January 30th. The technology company reported $0.46 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. Electronics For Imaging had a negative net margin of 0.10% and a negative return on equity of 0.13%. The business had revenue of $256.95 million for the quarter, compared to analyst estimates of $256.10 million. During the same period last year, the firm earned $0.52 earnings per share. Electronics For Imaging’s revenue for the quarter was down 4.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Electronics For Imaging will post -0.43 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC raised its holdings in Electronics For Imaging by 9.6% during the 4th quarter. Geode Capital Management LLC now owns 525,886 shares of the technology company’s stock worth $13,041,000 after purchasing an additional 46,079 shares during the last quarter. Norges Bank bought a new stake in shares of Electronics For Imaging in the 4th quarter valued at $11,355,000. FMR LLC bought a new stake in shares of Electronics For Imaging in the 4th quarter valued at $1,580,000. Millennium Management LLC increased its stake in shares of Electronics For Imaging by 119.1% in the 4th quarter. Millennium Management LLC now owns 381,175 shares of the technology company’s stock valued at $9,453,000 after acquiring an additional 207,182 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Electronics For Imaging by 3.1% in the 4th quarter. Legal & General Group Plc now owns 105,884 shares of the technology company’s stock valued at $2,637,000 after acquiring an additional 3,155 shares in the last quarter.

Electronics For Imaging Company Profile

Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.

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Analyst Recommendations for Electronics For Imaging (NASDAQ:EFII)

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