Electronics for Imaging, Inc. (EFII) to Release Earnings on Monday

Electronics for Imaging, Inc. (NASDAQ:EFII) will post its quarterly earnings results before the market opens on Monday, October 23rd. Analysts expect Electronics for Imaging to post earnings of $0.61 per share for the quarter. Electronics for Imaging has set its Q3 guidance at $0.55-0.60 EPS.

Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Monday, September 11th. The technology company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). Electronics for Imaging had a net margin of 4.70% and a return on equity of 5.58%. The company had revenue of $247.00 million during the quarter, compared to analyst estimates of $247.65 million. During the same quarter in the previous year, the business posted $0.56 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. On average, analysts expect Electronics for Imaging to post $0.58 EPS for the current fiscal year and $1.01 EPS for the next fiscal year.

Shares of Electronics for Imaging, Inc. (EFII) opened at 41.88 on Monday. Electronics for Imaging, Inc. has a 1-year low of $25.54 and a 1-year high of $51.15. The firm has a market capitalization of $1.94 billion, a P/E ratio of 43.40 and a beta of 1.29. The stock has a 50 day moving average of $40.50 and a 200-day moving average of $44.23.

Electronics for Imaging declared that its board has authorized a stock buyback program on Monday, September 11th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

ILLEGAL ACTIVITY WARNING: This article was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/16/electronics-for-imaging-inc-efii-to-release-earnings-on-monday.html.

In other Electronics for Imaging news, CEO Guy Gecht sold 13,746 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $48.21, for a total value of $662,694.66. Following the completion of the sale, the chief executive officer now owns 386,760 shares of the company’s stock, valued at $18,645,699.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 40,746 shares of company stock valued at $1,850,965. 1.88% of the stock is owned by insiders.

Several research firms recently weighed in on EFII. Needham & Company LLC restated a “buy” rating and issued a $48.00 price objective on shares of Electronics for Imaging in a research report on Friday. TheStreet cut shares of Electronics for Imaging from a “b-” rating to a “c” rating in a research report on Friday, August 4th. ValuEngine cut shares of Electronics for Imaging from a “hold” rating to a “sell” rating in a research report on Friday, September 8th. William Blair restated an “outperform” rating on shares of Electronics for Imaging in a research report on Wednesday, September 6th. Finally, Morgan Stanley upped their price objective on shares of Electronics for Imaging from $28.00 to $29.00 and gave the stock an “underweight” rating in a research report on Friday, September 8th. 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 company. Electronics for Imaging currently has an average rating of “Buy” and a consensus target price of $51.44.

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 form

Electronics for Imaging (NASDAQ:EFII) last posted its quarterly earnings results on Monday, September 11th. The technology company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). Electronics for Imaging had a net margin of 4.70% and a return on equity of 5.58%. The company had revenue of $247.00 million during the quarter, compared to analyst estimates of $247.65 million. During the same quarter in the previous year, the business posted $0.56 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. On average, analysts expect Electronics for Imaging to post $0.58 EPS for the current fiscal year and $1.01 EPS for the next fiscal year.

Shares of Electronics for Imaging, Inc. (EFII) opened at 41.88 on Monday. Electronics for Imaging, Inc. has a 1-year low of $25.54 and a 1-year high of $51.15. The firm has a market capitalization of $1.94 billion, a P/E ratio of 43.40 and a beta of 1.29. The stock has a 50 day moving average of $40.50 and a 200-day moving average of $44.23.

Electronics for Imaging declared that its board has authorized a stock buyback program on Monday, September 11th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

ILLEGAL ACTIVITY WARNING: This article was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/16/electronics-for-imaging-inc-efii-to-release-earnings-on-monday.html.

In other Electronics for Imaging news, CEO Guy Gecht sold 13,746 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $48.21, for a total value of $662,694.66. Following the completion of the sale, the chief executive officer now owns 386,760 shares of the company’s stock, valued at $18,645,699.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 40,746 shares of company stock valued at $1,850,965. 1.88% of the stock is owned by insiders.

Several research firms recently weighed in on EFII. Needham & Company LLC restated a “buy” rating and issued a $48.00 price objective on shares of Electronics for Imaging in a research report on Friday. TheStreet cut shares of Electronics for Imaging from a “b-” rating to a “c” rating in a research report on Friday, August 4th. ValuEngine cut shares of Electronics for Imaging from a “hold” rating to a “sell” rating in a research report on Friday, September 8th. William Blair restated an “outperform” rating on shares of Electronics for Imaging in a research report on Wednesday, September 6th. Finally, Morgan Stanley upped their price objective on shares of Electronics for Imaging from $28.00 to $29.00 and gave the stock an “underweight” rating in a research report on Friday, September 8th. 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 company. Electronics for Imaging currently has an average rating of “Buy” and a consensus target price of $51.44.

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.

Earnings History for Electronics for Imaging (NASDAQ:EFII)

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