Equities analysts expect Electronics For Imaging, Inc. (NASDAQ:EFII) to post sales of $238.03 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Electronics For Imaging’s earnings, with estimates ranging from $235.86 million to $240.20 million. Electronics For Imaging reported sales of $261.07 million in the same quarter last year, which would suggest a negative year over year growth rate of 8.8%. The company is scheduled to report its next earnings report on Monday, July 29th.

According to Zacks, analysts expect that Electronics For Imaging will report full year sales of $990.59 million for the current year, with estimates ranging from $976.78 million to $1.02 billion. For the next year, analysts expect that the business will post sales of $1.03 billion, with estimates ranging from $1.00 billion to $1.05 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Electronics For Imaging.

Electronics For Imaging (NASDAQ:EFII) last issued its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.17). Electronics For Imaging had a negative return on equity of 2.16% and a negative net margin of 1.61%. The company had revenue of $223.72 million during the quarter, compared to the consensus estimate of $218.89 million.

Several equities research analysts have recently commented on the company. Citigroup upped their price objective on Electronics For Imaging from $32.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. BidaskClub raised shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a report on Friday, May 24th. TheStreet raised shares of Electronics For Imaging from a “d+” rating to a “c-” rating in a report on Monday, April 15th. Needham & Company LLC downgraded shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Finally, Zacks Investment Research raised shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, April 2nd. Two analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $31.69.

Shares of EFII opened at $36.83 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.30 and a quick ratio of 1.07. Electronics For Imaging has a 1-year low of $19.76 and a 1-year high of $38.33.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Electronics For Imaging in the fourth quarter valued at $11,355,000. FMR LLC bought a new position in Electronics For Imaging in the fourth quarter valued at about $1,580,000. Smith Graham & Co. Investment Advisors LP boosted its holdings in Electronics For Imaging by 4.6% during the first quarter. Smith Graham & Co. Investment Advisors LP now owns 323,376 shares of the technology company’s stock worth $8,699,000 after buying an additional 14,359 shares during the last quarter. Thompson Investment Management Inc. boosted its holdings in Electronics For Imaging by 11.2% during the first quarter. Thompson Investment Management Inc. now owns 23,195 shares of the technology company’s stock worth $624,000 after buying an additional 2,345 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Electronics For Imaging by 316.1% during the first quarter. SG Americas Securities LLC now owns 83,994 shares of the technology company’s stock worth $2,259,000 after purchasing an additional 63,810 shares during the period.

Electronics For Imaging Company Profile

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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