Electronics for Imaging Inc. (NASDAQ:EFII)’s share price traded down 2.1% during trading on Wednesday . The company traded as low as $40.34 and last traded at $41.45, with a volume of 403,562 shares trading hands. The stock had previously closed at $42.35.

A number of research firms have issued reports on EFII. Brean Capital reiterated a “buy” rating on shares of Electronics for Imaging in a report on Monday, June 20th. Zacks Investment Research upgraded Electronics for Imaging from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 21st. Citigroup Inc. reiterated a “buy” rating on shares of Electronics for Imaging in a report on Wednesday, May 4th. Finally, Morgan Stanley reiterated a “hold” rating and issued a $47.00 price objective on shares of Electronics for Imaging in a report on Friday, April 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $52.67.

The company has a market cap of $1.95 billion and a PE ratio of 65.78. The company has a 50 day moving average price of $43.50 and a 200-day moving average price of $41.77.

Electronics for Imaging (NASDAQ:EFII) last released its quarterly earnings results on Wednesday, April 20th. The company reported $0.55 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.55. The company earned $234.10 million during the quarter, compared to the consensus estimate of $233.76 million. The company’s revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 earnings per share. Equities analysts anticipate that Electronics for Imaging Inc. will post $2.51 EPS for the current year.

Several hedge funds and institutional investors recently added to or reduced their stakes in EFII. Dimensional Fund Advisors LP raised its position in Electronics for Imaging by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,172,614 shares of the company’s stock valued at $101,549,000 after buying an additional 27,921 shares during the last quarter. Rail Splitter Capital Management LLC raised its position in shares of Electronics for Imaging by 120.0% in the fourth quarter. Rail Splitter Capital Management LLC now owns 246,815 shares of the company’s stock valued at $11,536,000 after buying an additional 134,611 shares in the last quarter. US Bancorp DE raised its position in shares of Electronics for Imaging by 19.3% in the fourth quarter. US Bancorp DE now owns 27,211 shares of the company’s stock valued at $1,271,000 after buying an additional 4,396 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Electronics for Imaging by 5.4% in the fourth quarter. Principal Financial Group Inc. now owns 320,207 shares of the company’s stock valued at $14,967,000 after buying an additional 16,327 shares in the last quarter. Finally, Bank of Montreal Can raised its position in shares of Electronics for Imaging by 1,552.7% in the fourth quarter. Bank of Montreal Can now owns 197,708 shares of the company’s stock valued at $9,241,000 after buying an additional 185,745 shares in the last quarter.

Electronics For Imaging, Inc (EFI) is a provider of digital printing, focused on the transformation of the printing, packaging and decorative industries from the use of analog-based presses to digital on-demand printing. The Company operates through three segments: Industrial Inkjet, Productivity Software and Fiery.

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