Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Electronics for Imaging (EFII) Share Price
Headlines about Electronics for Imaging (NASDAQ:EFII) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Electronics for Imaging earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.4398923138854 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern’s rankings:
- EFII INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Electronics for Imaging, Inc. and Reminds Investors with Losses to Contact the Firm (finance.yahoo.com)
- Zacks: Brokerages Anticipate Electronics for Imaging, Inc. (EFII) to Post $0.58 EPS (americanbankingnews.com)
- DEADLINE ALERT Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Action Against Electronics for Imaging, Inc. (EFII) & Lead Plaintiff Deadline: October 10, 2017 (finance.yahoo.com)
- ONE WEEK DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Electronics for Imaging, Inc. and Reminds Investors with Losses to Contact the Firm (feeds.benzinga.com)
- Electronics for Imaging (EFII) Acquires Escada Systems (streetinsider.com)
A number of analysts have issued reports on EFII shares. Barclays PLC reaffirmed a “buy” rating and issued a $47.00 target price on shares of Electronics for Imaging in a research note on Thursday, September 14th. ValuEngine downgraded Electronics for Imaging from a “hold” rating to a “sell” rating in a research note on Friday, September 8th. TheStreet downgraded Electronics for Imaging from a “b-” rating to a “c” rating in a research note on Friday, August 4th. Morgan Stanley raised their target price on Electronics for Imaging from $29.00 to $33.00 and gave the stock an “underweight” rating in a research note on Friday, September 22nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $48.00 target price (up from $45.00) on shares of Electronics for Imaging in a research note on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $51.44.
Electronics for Imaging (NASDAQ:EFII) traded up 0.07% during trading on Thursday, hitting $43.44. The stock had a trading volume of 55,584 shares. The stock’s 50-day moving average is $38.50 and its 200 day moving average is $44.50. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 45.02 and a beta of 1.30. Electronics for Imaging has a one year low of $25.54 and a one year high of $51.15.
Electronics for Imaging (NASDAQ:EFII) last released its earnings results on Monday, September 11th. The technology company reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.02). The business had revenue of $247.00 million during the quarter, compared to analyst estimates of $247.65 million. Electronics for Imaging had a net margin of 4.70% and a return on equity of 5.58%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 earnings per share. Equities analysts anticipate that Electronics for Imaging will post $2.44 earnings per share for the current year.
Electronics for Imaging declared that its board has approved a stock buyback plan on Monday, September 11th that allows the company to repurchase $125.00 million in shares. This repurchase authorization allows the technology company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.
In other Electronics for Imaging news, CEO Guy Gecht sold 9,000 shares of the business’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $48.25, for a total transaction of $434,250.00. Following the completion of the sale, the chief executive officer now owns 386,760 shares of the company’s stock, valued at $18,661,170. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 40,746 shares of company stock valued at $1,850,965 over the last quarter. Insiders own 1.88% of the company’s stock.
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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