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

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

A number of other equities research analysts have also issued reports on EFII. Zacks Investment Research raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Wednesday, October 10th. Citigroup cut their price objective on shares of Electronics For Imaging from $43.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, October 30th. ValuEngine raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. 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 objective for the company. Finally, TheStreet lowered shares of Electronics For Imaging from a “c-” rating to a “d+” rating in a report on Friday, December 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $33.80.

Shares of EFII opened at $26.97 on Friday. Electronics For Imaging has a 1 year low of $23.01 and a 1 year high of $35.62. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 99.89, a P/E/G 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 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. Electronics For Imaging had a negative net margin of 2.27% and a positive return on equity of 0.51%. The business had revenue of $257.10 million during the quarter, compared to analyst estimates of $263.24 million. During the same period last year, the firm posted $0.48 EPS. The company’s revenue was up 3.5% on a year-over-year basis. As a group, equities research analysts anticipate that Electronics For Imaging will post 0.11 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of EFII. Walthausen & Co. LLC purchased a new position in shares of Electronics For Imaging in the third quarter valued at $18,391,000. Laurion Capital Management LP purchased a new position in shares of Electronics For Imaging in the third quarter valued at $5,690,000. Dimensional Fund Advisors LP grew its holdings in shares of Electronics For Imaging by 6.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,818,511 shares of the technology company’s stock valued at $96,054,000 after purchasing an additional 165,361 shares in the last quarter. Carillon Tower Advisers Inc. purchased a new position in shares of Electronics For Imaging in the third quarter valued at $3,136,000. Finally, Piermont Capital Management Inc. purchased a new position in shares of Electronics For Imaging in the third quarter valued at $2,949,000.

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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