Analysts predict that Electronics For Imaging, Inc. (NASDAQ:EFII) will post $236.01 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Electronics For Imaging’s earnings, with estimates ranging from $234.50 million to $237.10 million. Electronics For Imaging posted sales of $228.69 million in the same quarter last year, which suggests a positive year over year growth rate of 3.2%. The firm is expected to report its next quarterly earnings report on Thursday, April 19th.
On average, analysts expect that Electronics For Imaging will report full year sales of $236.01 million for the current financial year, with estimates ranging from $1.03 billion to $1.06 billion. For the next financial year, analysts anticipate that the business will report sales of $1.10 billion per share, with estimates ranging from $1.07 billion to $1.15 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Electronics For Imaging.
Electronics For Imaging (NASDAQ:EFII) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). Electronics For Imaging had a positive return on equity of 1.46% and a negative net margin of 1.54%. The company had revenue of $269.20 million for the quarter, compared to analyst estimates of $264.62 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. The company’s revenue was up .9% on a year-over-year basis.
In related news, CEO Guy Gecht sold 9,000 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $30.31, for a total value of $272,790.00. Following the completion of the transaction, the chief executive officer now owns 324,450 shares of the company’s stock, valued at $9,834,079.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders sold 36,000 shares of company stock valued at $1,061,640. 1.88% of the stock is owned by insiders.
A number of institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. grew its position in Electronics For Imaging by 0.3% in the fourth quarter. Victory Capital Management Inc. now owns 1,407,309 shares of the technology company’s stock valued at $41,558,000 after purchasing an additional 3,540 shares in the last quarter. Glenmede Trust Co. NA grew its position in shares of Electronics For Imaging by 27.0% in the 4th quarter. Glenmede Trust Co. NA now owns 1,161,394 shares of the technology company’s stock valued at $34,294,000 after acquiring an additional 247,112 shares during the period. Elk Creek Partners LLC grew its position in shares of Electronics For Imaging by 112.4% in the 3rd quarter. Elk Creek Partners LLC now owns 557,110 shares of the technology company’s stock valued at $23,777,000 after acquiring an additional 294,816 shares during the period. Walthausen & Co. LLC grew its position in shares of Electronics For Imaging by 22.9% in the 3rd quarter. Walthausen & Co. LLC now owns 452,990 shares of the technology company’s stock valued at $19,334,000 after acquiring an additional 84,420 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Electronics For Imaging by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 431,105 shares of the technology company’s stock valued at $12,729,000 after acquiring an additional 16,978 shares during the period.
Shares of Electronics For Imaging (NASDAQ EFII) opened at $28.42 on Thursday. Electronics For Imaging has a twelve month low of $25.28 and a twelve month high of $51.15. The company has a current ratio of 2.58, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41. The company has a market cap of $1,321.84, a price-to-earnings ratio of -87.30, a P/E/G ratio of 40.18 and a beta of 1.09.
About Electronics For Imaging
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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