Electronics For Imaging (EFII) Hits New 52-Week High at $37.45

Electronics For Imaging, Inc. (NASDAQ:EFII) hit a new 52-week high on Monday . The stock traded as high as $37.45 and last traded at $37.75, with a volume of 486328 shares trading hands. The stock had previously closed at $29.40.

Several equities research analysts have weighed in on the stock. Needham & Company LLC downgraded shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Monday. BidaskClub upgraded shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research note on Tuesday, April 9th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, April 2nd. Morgan Stanley restated an “underweight” rating on shares of Electronics For Imaging in a research note on Wednesday, January 16th. Finally, Wells Fargo & Co lowered their target price on shares of Electronics For Imaging from $32.00 to $26.00 and set a “market perform” rating for the company in a research note on Wednesday, January 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $29.16.

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.12 and a current ratio of 1.34. The company has a market capitalization of $1.25 billion, a P/E ratio of -1,900.00 and a beta of 1.09.



Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings data on Wednesday, January 30th. The technology company reported $0.46 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.46. Electronics For Imaging had a negative net margin of 0.10% and a negative return on equity of 0.13%. The business had revenue of $256.95 million during the quarter, compared to the consensus estimate of $256.10 million. During the same period in the previous year, the firm posted $0.52 earnings per share. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. Research analysts expect that Electronics For Imaging, Inc. will post -0.43 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Texas Permanent School Fund lifted its stake in shares of Electronics For Imaging by 3.0% during the fourth quarter. Texas Permanent School Fund now owns 28,749 shares of the technology company’s stock worth $713,000 after buying an additional 828 shares during the period. Virginia Retirement Systems ET AL lifted its position in Electronics For Imaging by 4.7% during the fourth quarter. Virginia Retirement Systems ET AL now owns 29,000 shares of the technology company’s stock valued at $719,000 after purchasing an additional 1,300 shares during the period. Pearl River Capital LLC acquired a new position in Electronics For Imaging during the fourth quarter valued at $32,000. Neuburgh Advisers LLC lifted its position in Electronics For Imaging by 23.9% during the fourth quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock valued at $172,000 after purchasing an additional 1,342 shares during the period. Finally, Stone Ridge Asset Management LLC lifted its position in Electronics For Imaging by 22.8% during the fourth quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock valued at $219,000 after purchasing an additional 1,640 shares during the period.

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About Electronics For Imaging (NASDAQ:EFII)

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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