Analysts expect that Electronics For Imaging, Inc. (NASDAQ:EFII) will announce $0.59 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Electronics For Imaging’s earnings. The lowest EPS estimate is $0.55 and the highest is $0.61. Electronics For Imaging posted earnings per share of $0.52 in the same quarter last year, which indicates a positive year-over-year growth rate of 13.5%. The company is scheduled to announce its next quarterly earnings report on Wednesday, January 30th.

According to Zacks, analysts expect that Electronics For Imaging will report full-year earnings of $1.96 per share for the current financial year, with EPS estimates ranging from $1.92 to $1.98. For the next financial year, analysts expect that the firm will report earnings of $2.08 per share, with EPS estimates ranging from $2.01 to $2.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Electronics For Imaging.

Electronics For Imaging (NASDAQ:EFII) last issued its earnings results on Monday, October 29th. The technology company reported $0.50 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.50. Electronics For Imaging had a negative net margin of 2.27% and a positive return on equity of 0.51%. The company had revenue of $257.10 million for the quarter, compared to analysts’ expectations of $263.24 million. During the same period in the prior year, the business earned $0.48 EPS. The firm’s quarterly revenue was up 3.5% on a year-over-year basis.

Several brokerages have issued reports on EFII. ValuEngine cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a report on Thursday, November 15th. Zacks Investment Research cut shares of Electronics For Imaging from a “hold” rating to a “strong sell” rating in a report on Friday, November 2nd. Finally, Citigroup dropped their target price on shares of Electronics For Imaging from $43.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, October 30th. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $34.00.

Shares of Electronics For Imaging stock opened at $27.39 on Friday. Electronics For Imaging has a 1 year low of $25.28 and a 1 year high of $35.62. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 350.75, a price-to-earnings-growth ratio of 85.03 and a beta of 1.07.

In other Electronics For Imaging news, insider Guy Gecht sold 9,000 shares of the stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $34.78, for a total transaction of $313,020.00. Following the completion of the sale, the insider now directly owns 282,367 shares of the company’s stock, valued at $9,820,724.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.63% of the company’s stock.

Several institutional investors have recently made changes to their positions in EFII. Envestnet Asset Management Inc. raised its position in shares of Electronics For Imaging by 45.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,722 shares of the technology company’s stock valued at $186,000 after purchasing an additional 1,792 shares during the last quarter. Amalgamated Bank purchased a new position in shares of Electronics For Imaging in the 2nd quarter valued at approximately $213,000. United Services Automobile Association purchased a new position in shares of Electronics For Imaging in the 2nd quarter valued at approximately $231,000. Crossmark Global Holdings Inc. purchased a new position in shares of Electronics For Imaging in the 2nd quarter valued at approximately $237,000. Finally, Xact Kapitalforvaltning AB purchased a new position in shares of Electronics For Imaging in the 2nd quarter valued at approximately $281,000.

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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