Electronics For Imaging (EFII) Earning Somewhat Critical News Coverage, Analysis Finds

Press coverage about Electronics For Imaging (NASDAQ:EFII) has trended somewhat negative on Thursday, according to AlphaOne Sentiment. The research firm, a unit of Accern, identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Electronics For Imaging earned a media sentiment score of -0.09 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have impacted AlphaOne Sentiment’s scoring:

Shares of Electronics For Imaging (NASDAQ:EFII) traded up 0.43% during mid-day trading on Thursday, reaching $49.62. 243,159 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $47.27 and a 200 day moving average of $45.34. The firm has a market capitalization of $2.30 billion, a P/E ratio of 52.23 and a beta of 1.31. Electronics For Imaging has a one year low of $38.00 and a one year high of $50.17.

Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings data on Wednesday, January 25th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. The firm earned $266.70 million during the quarter, compared to analyst estimates of $271.93 million. Electronics For Imaging had a return on equity of 7.34% and a net margin of 4.57%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 earnings per share. On average, analysts forecast that Electronics For Imaging will post $2.69 EPS for the current fiscal year.

EFII has been the subject of several research analyst reports. TheStreet upgraded shares of Electronics For Imaging from a “c+” rating to a “b” rating in a research note on Wednesday, February 1st. Needham & Company LLC lowered their price objective on shares of Electronics For Imaging from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Thursday, January 26th. Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, March 28th. Finally, Stifel Nicolaus lowered their price objective on shares of Electronics For Imaging from $53.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, January 26th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $53.33.

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In other news, CEO Guy Gecht sold 14,967 shares of the stock in a transaction that occurred on Monday, January 30th. The stock was sold at an average price of $45.47, for a total transaction of $680,549.49. Following the completion of the sale, the chief executive officer now owns 419,373 shares of the company’s stock, valued at $19,068,890.31. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last three months, insiders have sold 51,391 shares of company stock valued at $2,387,035. Insiders own 2.24% 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.

5 Day Chart for NASDAQ:EFII

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