BidaskClub Downgrades Electronics For Imaging (NASDAQ:EFII) to Strong Sell

BidaskClub downgraded shares of Electronics For Imaging (NASDAQ:EFII) from a sell rating to a strong sell rating in a report issued on Saturday morning, BidAskClub reports.

Other equities analysts also recently issued research reports about the stock. TheStreet raised shares of Vectrus from a c+ rating to a b rating in a research note on Monday, April 15th. Citigroup reduced their price objective on shares of UnitedHealth Group from $288.00 to $247.00 and set a neutral rating for the company in a research note on Wednesday, April 17th. Zacks Investment Research downgraded shares of GasLog Partners LP Unit from a hold rating to a strong sell rating in a research note on Tuesday, April 2nd. ValuEngine raised shares of ZTE CORP/ADR from a hold rating to a buy rating in a research note on Monday, April 15th. Finally, Loop Capital reduced their price objective on shares of J B Hunt Transport Services to $133.00 and set a buy rating for the company in a research note on Tuesday, April 16th. Two analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Hold and an average price target of $31.69.

Electronics For Imaging stock opened at $36.99 on Friday. The company’s 50 day moving average is $36.85. The company has a quick ratio of 1.07, a current ratio of 1.30 and a debt-to-equity ratio of 0.20. Electronics For Imaging has a fifty-two week low of $19.76 and a fifty-two week high of $38.33. The company has a market capitalization of $1.59 billion, a P/E ratio of -1,849.50 and a beta of 1.10.

Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.44) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.17). Electronics For Imaging had a negative net margin of 1.61% and a negative return on equity of 2.16%. The company had revenue of $223.72 million for the quarter, compared to the consensus estimate of $218.89 million. As a group, research analysts expect that Electronics For Imaging will post -0.43 earnings per share for the current year.

A number of large investors have recently modified their holdings of EFII. Cowen Prime Services LLC grew its holdings in Electronics For Imaging by 6.3% in the first quarter. Cowen Prime Services LLC now owns 5,100 shares of the technology company’s stock worth $137,000 after purchasing an additional 300 shares during the last quarter. Neuburgh Advisers LLC grew its holdings in Electronics For Imaging by 23.9% in the fourth quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock worth $172,000 after purchasing an additional 1,342 shares during the last quarter. Stone Ridge Asset Management LLC grew its holdings in Electronics For Imaging by 22.8% in the fourth quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock worth $219,000 after purchasing an additional 1,640 shares during the last quarter. Cipher Capital LP purchased a new position in Electronics For Imaging in the fourth quarter worth $251,000. Finally, Bbva Compass Bancshares Inc. grew its holdings in Electronics For Imaging by 10.7% in the first quarter. Bbva Compass Bancshares Inc. now owns 9,471 shares of the technology company’s stock worth $254,000 after purchasing an additional 915 shares during the last quarter.

About Electronics For Imaging

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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