Energy Focus (EFOI) Given a $1.00 Price Target at Roth Capital

Roth Capital set a $1.00 price target on Energy Focus (NASDAQ:EFOI) in a report published on Wednesday. The firm currently has a hold rating on the construction company’s stock.

NASDAQ:EFOI traded up $0.01 during midday trading on Wednesday, reaching $1.27. 22,724 shares of the stock traded hands, compared to its average volume of 28,032. Energy Focus has a 12 month low of $1.02 and a 12 month high of $3.46. The firm has a market capitalization of $13.85 million, a P/E ratio of -1.61 and a beta of -0.21.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings results on Wednesday, November 7th. The construction company reported ($0.13) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.03. Energy Focus had a negative net margin of 40.43% and a negative return on equity of 44.24%. The company had revenue of $5.16 million during the quarter, compared to analyst estimates of $5.83 million. Research analysts predict that Energy Focus will post -0.65 EPS for the current fiscal 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.

Read More: What Factors Can Affect Return on Equity?

Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply