Equities analysts expect Electronics For Imaging, Inc. (NASDAQ:EFII) to announce sales of $238.03 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Electronics For Imaging’s earnings. The highest sales estimate is $240.20 million and the lowest is $235.86 million. Electronics For Imaging reported sales of $261.07 million during the same quarter last year, which indicates a negative year over year growth rate of 8.8%. The company is scheduled to announce its next quarterly earnings results on Monday, July 29th.
According to Zacks, analysts expect that Electronics For Imaging will report full year sales of $990.59 million for the current fiscal year, with estimates ranging from $976.78 million to $1.02 billion. For the next financial year, analysts forecast that the business will post sales of $1.03 billion, with estimates ranging from $1.00 billion to $1.05 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Electronics For Imaging.
Electronics For Imaging (NASDAQ:EFII) last issued its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.44) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.17). The firm had revenue of $223.72 million for the quarter, compared to the consensus estimate of $218.89 million. Electronics For Imaging had a negative net margin of 1.61% and a negative return on equity of 2.16%.
A number of equities analysts have recently issued reports on EFII shares. ValuEngine raised shares of ZTE CORP/ADR from a “hold” rating to a “buy” rating in a research report on Monday, April 15th. Zacks Investment Research cut shares of GasLog Partners LP Unit from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 2nd. Loop Capital cut their price objective on shares of J B Hunt Transport Services to $133.00 and set a “buy” rating on the stock in a research report on Tuesday, April 16th. Needham & Company LLC cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. Finally, BidaskClub raised shares of Misonix from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 3rd. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Electronics For Imaging has a consensus rating of “Hold” and a consensus price target of $31.69.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Cowen Prime Services LLC raised its holdings in shares of Electronics For Imaging by 6.3% in the 1st quarter. Cowen Prime Services LLC now owns 5,100 shares of the technology company’s stock worth $137,000 after acquiring an additional 300 shares during the last quarter. Neuburgh Advisers LLC raised its holdings in shares of Electronics For Imaging by 23.9% in the 4th quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock worth $172,000 after acquiring an additional 1,342 shares during the last quarter. Stone Ridge Asset Management LLC raised its holdings in shares of Electronics For Imaging by 22.8% in the 4th quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock worth $219,000 after acquiring an additional 1,640 shares during the last quarter. Cipher Capital LP acquired a new stake in shares of Electronics For Imaging in the 4th quarter worth about $251,000. Finally, Bbva Compass Bancshares Inc. raised its holdings in shares of Electronics For Imaging by 10.7% in the 1st quarter. Bbva Compass Bancshares Inc. now owns 9,471 shares of the technology company’s stock worth $254,000 after acquiring an additional 915 shares during the last quarter.
Shares of EFII stock traded up $0.01 on Friday, reaching $36.95. 1,500 shares of the company were exchanged, compared to its average volume of 795,292. The stock has a market capitalization of $1.59 billion, a P/E ratio of -1,848.00 and a beta of 1.10. The firm has a 50-day simple moving average of $36.85. The company has a current ratio of 1.30, a quick ratio of 1.07 and a debt-to-equity ratio of 0.20. Electronics For Imaging has a one year low of $19.76 and a one year high of $38.33.
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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