Energy Focus (EFOI) Earns “Neutral” Rating from B. Riley

B. Riley reaffirmed their neutral rating on shares of Energy Focus (NASDAQ:EFOI) in a research report report published on Thursday.

EFOI has been the subject of a number of other research reports. Roth Capital set a $1.00 target price on shares of Energy Focus and gave the stock a hold rating in a research report on Wednesday. HC Wainwright set a $6.00 target price on shares of Energy Focus and gave the stock a buy rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Energy Focus presently has an average rating of Hold and a consensus price target of $3.19.

Shares of Energy Focus stock traded up $0.01 during mid-day trading on Thursday, reaching $1.27. 16,776 shares of the stock were exchanged, compared to its average volume of 27,385. The stock has a market capitalization of $13.61 million, a P/E ratio of -1.61 and a beta of -0.21. Energy Focus has a fifty-two week low of $1.02 and a fifty-two week high of $3.46.

Energy Focus (NASDAQ:EFOI) last announced its earnings results on Wednesday, November 7th. The construction company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.03. The business 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 40.01% and a negative return on equity of 42.65%. On average, equities analysts predict that Energy Focus will post -0.65 EPS for the current year.

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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