Electronics for Imaging, Inc. (NASDAQ:EFII) – Analysts at William Blair lowered their FY2017 EPS estimates for shares of Electronics for Imaging in a research note issued on Wednesday. William Blair analyst B. Drab now expects that the technology company will earn $0.57 per share for the year, down from their prior estimate of $0.73. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Electronics for Imaging’s FY2018 earnings at $0.85 EPS.

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A number of other analysts also recently commented on EFII. Citigroup Inc. began coverage on shares of Electronics for Imaging in a research report on Thursday. They set a “buy” rating on the stock. Cross Research upgraded shares of Electronics for Imaging from a “hold” rating to a “buy” rating in a research report on Wednesday. Longbow Research upgraded shares of Electronics for Imaging from an “underperform” rating to a “neutral” rating in a research report on Wednesday. Needham & Company LLC boosted their price target on shares of Electronics for Imaging from $38.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, TheStreet downgraded shares of Electronics for Imaging from a “b-” rating to a “c” rating in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $53.57.

Shares of Electronics for Imaging (EFII) opened at 40.02 on Thursday. Electronics for Imaging has a 12 month low of $25.54 and a 12 month high of $51.15. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 39.55 and a beta of 1.27. The firm has a 50-day moving average price of $38.39 and a 200-day moving average price of $45.21.

In other news, CEO Guy Gecht sold 13,746 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $48.21, for a total transaction of $662,694.66. Following the sale, the chief executive officer now owns 386,760 shares in the company, valued at $18,645,699.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 36,458 shares of company stock worth $1,749,225 in the last 90 days. 1.88% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in EFII. SG Americas Securities LLC acquired a new stake in shares of Electronics for Imaging during the second quarter valued at approximately $108,000. Tyers Asset Management LLC raised its holdings in shares of Electronics for Imaging by 9.3% during the first quarter. Tyers Asset Management LLC now owns 2,296 shares of the technology company’s stock valued at $112,000 after acquiring an additional 196 shares during the period. Strs Ohio raised its holdings in shares of Electronics for Imaging by 91.7% during the first quarter. Strs Ohio now owns 2,300 shares of the technology company’s stock valued at $112,000 after acquiring an additional 1,100 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Electronics for Imaging by 83.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,287 shares of the technology company’s stock valued at $112,000 after acquiring an additional 1,037 shares during the period. Finally, Acrospire Investment Management LLC raised its holdings in shares of Electronics for Imaging by 156.1% during the first quarter. Acrospire Investment Management LLC now owns 2,305 shares of the technology company’s stock valued at $113,000 after acquiring an additional 1,405 shares during the period.

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.

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