Electronics For Imaging (EFII) is Initiated by Stifel to Buy, Price Target at $53

Electronics For Imaging (EFII) was Initiated by Stifel to “Buy” and the brokerage firm has set the Price Target at $53. Stifel advised their investors in a research report released on Aug 25, 2016.

On the company’s financial health, Electronics For Imaging reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $0.57. The company had revenue of $245.65 million for the quarter, compared to analysts expectations of $247.03 million. The company’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

Electronics For Imaging opened for trading at $45.01 and hit $45.675 on the upside on Tuesday, eventually ending the session at $45.51, with a gain of 1.38% or 0.62 points. The heightened volatility saw the trading volume jump to 2,49,496 shares. Company has a market cap of $2,126 M.

In a different news, on Oct 13, 2015, Dan Maydan (director) sold 625 shares at $47.04 per share price. According to the SEC, on Aug 11, 2015, Eric F Brown (director) sold 40,625 shares at $45.05 per share price. On Aug 4, 2015, Thomas Georgens (director) sold 40,000 shares at $45.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Electronics For Imaging Inc. (EFI) is a provider of digital printing focused on the transformation of the printing packaging and decorative industries from the use of analog-based presses to digital on-demand printing. The Company operates through three segments: Industrial Inkjet Productivity Software and Fiery. The Company’s products include industrial super-wide wide format label and packaging and ceramic tile decoration digital inkjet printers that utilizes its digital ink digital inkjet printer parts and professional services; print production workflow Web-to-print cross-media marketing and business process automation solutions and color digital front ends (DFEs) creating a digital printing ecosystem. Its inks include digital ultra-violet (UV) light emitting diode (LED) ceramic textile dye sublimation and thermoforming ink. The Company also provides digital inkjet textile space.

Electronics For Imaging

Leave a Reply

Electronics For Imaging - Is it time to Sell?

Top Brokerage Firms are advising their investors on Electronics For Imaging. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.