Shares of Electronics for Imaging, Inc. (NASDAQ:EFII) have earned an average recommendation of “Hold” from the seventeen analysts that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $43.00.

Several equities research analysts have weighed in on EFII shares. Citigroup Inc. reaffirmed a “buy” rating and issued a $53.00 target price on shares of Electronics for Imaging in a research report on Thursday, September 7th. Loop Capital started coverage on Electronics for Imaging in a research report on Monday, July 24th. They issued a “buy” rating and a $58.00 target price on the stock. Cross Research raised Electronics for Imaging from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Needham & Company LLC increased their price target on Electronics for Imaging from $38.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, September 6th. Finally, Barclays PLC reissued a “buy” rating and issued a $47.00 price target on shares of Electronics for Imaging in a research note on Thursday, September 14th.

Shares of Electronics for Imaging (NASDAQ EFII) opened at $28.83 on Monday. Electronics for Imaging has a 52-week low of $25.54 and a 52-week high of $51.15. The company has a quick ratio of 2.20, a current ratio of 2.62 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $1,337.08, a price-to-earnings ratio of 44.35 and a beta of 1.26.

Electronics for Imaging (NASDAQ:EFII) last issued its earnings results on Thursday, October 26th. The technology company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.10). Electronics for Imaging had a return on equity of 3.67% and a net margin of 3.09%. The company had revenue of $248.36 million during the quarter, compared to analyst estimates of $258.09 million. During the same period in the prior year, the business earned $0.58 earnings per share. Electronics for Imaging’s quarterly revenue was up 1.1% on a year-over-year basis. equities analysts anticipate that Electronics for Imaging will post 0.34 EPS for the current fiscal year.

Electronics for Imaging declared that its Board of Directors has authorized a stock buyback plan on Monday, September 11th that permits the company to buyback $125.00 million in shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

COPYRIGHT VIOLATION WARNING: “Electronics for Imaging, Inc. (EFII) Receives Consensus Rating of “Hold” from Brokerages” was originally published by Daily Political and is owned by of Daily Political. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/11/20/electronics-for-imaging-inc-efii-receives-consensus-rating-of-hold-from-brokerages.html.

In related news, Director Dan Maydan sold 6,500 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $30.87, for a total transaction of $200,655.00. Following the completion of the transaction, the director now owns 33,310 shares of the company’s stock, valued at $1,028,279.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Guy Gecht sold 9,000 shares of the firm’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $29.50, for a total value of $265,500.00. Following the transaction, the chief executive officer now directly owns 354,141 shares of the company’s stock, valued at approximately $10,447,159.50. The disclosure for this sale can be found here. Insiders have sold 33,500 shares of company stock valued at $1,220,175 in the last ninety days. Company insiders own 1.88% of the company’s stock.

A number of hedge funds have recently made changes to their positions in EFII. Vanguard Group Inc. lifted its holdings in shares of Electronics for Imaging by 0.8% during the second quarter. Vanguard Group Inc. now owns 4,202,705 shares of the technology company’s stock valued at $199,125,000 after purchasing an additional 34,640 shares during the last quarter. Oak Ridge Investments LLC lifted its holdings in shares of Electronics for Imaging by 2.6% during the second quarter. Oak Ridge Investments LLC now owns 613,306 shares of the technology company’s stock valued at $29,058,000 after purchasing an additional 15,264 shares during the last quarter. Scout Investments Inc. lifted its holdings in shares of Electronics for Imaging by 3.9% during the second quarter. Scout Investments Inc. now owns 82,825 shares of the technology company’s stock valued at $3,924,000 after purchasing an additional 3,075 shares during the last quarter. State of Wisconsin Investment Board lifted its holdings in shares of Electronics for Imaging by 0.8% during the second quarter. State of Wisconsin Investment Board now owns 145,570 shares of the technology company’s stock valued at $6,897,000 after purchasing an additional 1,163 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Electronics for Imaging by 0.4% during the second quarter. Arizona State Retirement System now owns 24,269 shares of the technology company’s stock valued at $1,150,000 after purchasing an additional 100 shares during the last quarter.

Electronics for Imaging Company Profile

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Analyst Recommendations for Electronics for Imaging (NASDAQ:EFII)

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