Electronics For Imaging (EFII) Rating Increased to Hold at BidaskClub

Electronics For Imaging (NASDAQ:EFII) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Tuesday, October 16th. ValuEngine raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. Citigroup cut their price objective on shares of Electronics For Imaging from $43.00 to $38.00 and set a “buy” rating on the stock in a research report on Tuesday, October 30th. TheStreet downgraded shares of Electronics For Imaging from a “c-” rating to a “d+” rating in a report on Friday, December 14th. Finally, Goldman Sachs Group started coverage on shares of Electronics For Imaging in a report on Friday, December 7th. They set a “neutral” rating and a $30.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Electronics For Imaging has a consensus rating of “Hold” and a consensus price target of $33.80.

Shares of EFII stock opened at $26.97 on Friday. Electronics For Imaging has a one year low of $23.01 and a one year high of $35.62. The stock has a market cap of $1.16 billion, a P/E ratio of 99.89, a PEG ratio of 28.37 and a beta of 1.01.

Electronics For Imaging (NASDAQ:EFII) last announced its quarterly earnings data on Monday, October 29th. The technology company reported $0.50 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.50. Electronics For Imaging had a negative net margin of 2.27% and a positive return on equity of 0.51%. The company had revenue of $257.10 million for the quarter, compared to the consensus estimate of $263.24 million. During the same period in the prior year, the firm posted $0.48 EPS. Electronics For Imaging’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts predict that Electronics For Imaging will post 0.11 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc boosted its holdings in shares of Electronics For Imaging by 1.3% during the 3rd quarter. Vanguard Group Inc now owns 4,534,498 shares of the technology company’s stock valued at $154,535,000 after acquiring an additional 58,334 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Electronics For Imaging by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,534,498 shares of the technology company’s stock valued at $154,535,000 after acquiring an additional 58,334 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Electronics For Imaging by 6.6% during the 3rd quarter. Legal & General Group Plc now owns 102,729 shares of the technology company’s stock valued at $3,489,000 after acquiring an additional 6,357 shares during the last quarter. Teachers Advisors LLC boosted its holdings in shares of Electronics For Imaging by 5.0% during the 3rd quarter. Teachers Advisors LLC now owns 87,709 shares of the technology company’s stock valued at $2,989,000 after acquiring an additional 4,200 shares during the last quarter. Finally, MetLife Investment Advisors LLC boosted its holdings in shares of Electronics For Imaging by 31.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 29,256 shares of the technology company’s stock valued at $997,000 after acquiring an additional 7,070 shares during 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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