Shares of Electronics For Imaging, Inc. (NASDAQ:EFII) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $38.13.

A number of equities analysts have commented on the stock. TheStreet upgraded shares of Electronics For Imaging from a “d+” rating to a “c” rating in a research note on Tuesday, May 29th. BidaskClub downgraded shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a research note on Friday, August 3rd. Finally, ValuEngine downgraded shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Monday, August 13th.

In other news, insider Guy Gecht sold 9,000 shares of the stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $34.78, for a total transaction of $313,020.00. Following the transaction, the insider now directly owns 282,367 shares in the company, valued at $9,820,724.26. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 27,000 shares of company stock worth $917,100. Insiders own 1.63% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in Electronics For Imaging by 45.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,722 shares of the technology company’s stock valued at $186,000 after acquiring an additional 1,792 shares during the last quarter. Amalgamated Bank purchased a new stake in Electronics For Imaging during the second quarter valued at approximately $213,000. Crossmark Global Holdings Inc. purchased a new stake in Electronics For Imaging during the second quarter valued at approximately $237,000. Xact Kapitalforvaltning AB purchased a new stake in Electronics For Imaging during the second quarter valued at approximately $281,000. Finally, Cornerstone Wealth Management LLC purchased a new stake in Electronics For Imaging during the second quarter valued at approximately $290,000.

Electronics For Imaging stock traded up $0.03 during midday trading on Friday, reaching $34.70. The stock had a trading volume of 507,664 shares, compared to its average volume of 519,238. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.55 and a quick ratio of 2.15. Electronics For Imaging has a 52-week low of $25.28 and a 52-week high of $43.89. The firm has a market capitalization of $1.47 billion, a P/E ratio of 128.41, a price-to-earnings-growth ratio of 24.57 and a beta of 1.08.

Electronics For Imaging (NASDAQ:EFII) last posted its quarterly earnings data on Monday, July 30th. The technology company reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.03). The firm had revenue of $261.07 million during the quarter, compared to analysts’ expectations of $263.72 million. Electronics For Imaging had a positive return on equity of 0.50% and a negative net margin of 2.29%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. research analysts anticipate that Electronics For Imaging will post 0.45 earnings per share for the current fiscal year.

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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