Equities research analysts expect Electronics For Imaging, Inc. (NASDAQ:EFII) to report $0.49 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have provided estimates for Electronics For Imaging’s earnings. The lowest EPS estimate is $0.48 and the highest is $0.50. Electronics For Imaging reported earnings of $0.48 per share during the same quarter last year, which would suggest a positive year over year growth rate of 2.1%. The business is expected to report its next earnings results on Thursday, October 25th.

On average, analysts expect that Electronics For Imaging will report full-year earnings of $2.01 per share for the current financial year, with EPS estimates ranging from $2.00 to $2.02. For the next financial year, analysts forecast that the firm will post earnings of $2.10 per share, with EPS estimates ranging from $1.98 to $2.19. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that cover Electronics For Imaging.

Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings results on Monday, July 30th. The technology company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). The firm had revenue of $261.07 million for 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 company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.54 EPS.

Several brokerages have weighed in on EFII. TheStreet upgraded Electronics For Imaging from a “d+” rating to a “c” rating in a research note on Tuesday, May 29th. BidaskClub downgraded Electronics For Imaging from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th. Zacks Investment Research upgraded 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 Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Electronics For Imaging has a consensus rating of “Hold” and an average target price of $38.13.

In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of Electronics For Imaging stock in a transaction that occurred on Wednesday, June 27th. The stock was sold at an average price of $33.23, for a total value of $299,070.00. Following the transaction, the chief executive officer now directly owns 280,006 shares in the company, valued at approximately $9,304,599.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 27,000 shares of company stock worth $917,100 over the last quarter. Company insiders own 1.63% of the company’s stock.

Several institutional investors have recently bought and sold shares of EFII. Envestnet Asset Management Inc. boosted its stake in shares of Electronics For Imaging by 45.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,722 shares of the technology company’s stock valued at $186,000 after buying an additional 1,792 shares in the last quarter. Amalgamated Bank purchased a new stake in shares of Electronics For Imaging in the second quarter valued at approximately $213,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Electronics For Imaging in the second quarter valued at approximately $237,000. Xact Kapitalforvaltning AB purchased a new stake in shares of Electronics For Imaging in the second quarter valued at approximately $281,000. Finally, Cornerstone Wealth Management LLC purchased a new stake in shares of Electronics For Imaging in the second quarter valued at approximately $290,000.

Shares of EFII stock traded down $0.11 during midday trading on Wednesday, hitting $34.59. The company had a trading volume of 8,533 shares, compared to its average volume of 413,653. Electronics For Imaging has a 52-week low of $25.28 and a 52-week high of $43.89. The company has a market capitalization of $1.54 billion, a P/E ratio of 127.37, a price-to-earnings-growth ratio of 25.70 and a beta of 1.09. The company has a current ratio of 2.55, a quick ratio of 2.15 and a debt-to-equity ratio of 0.43.

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.

Featured Story: Book Value Per Share – BVPS

Get a free copy of the Zacks research report on Electronics For Imaging (EFII)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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