Electronics For Imaging (EFII) Upgraded to “Strong-Buy” at ValuEngine

Electronics For Imaging (NASDAQ:EFII) was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Monday, April 15th, ValuEngine reports.

EFII has been the subject of several other reports. Needham & Company LLC lowered shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. Zacks Investment Research downgraded shares of Electronics For Imaging from a “hold” rating to a “strong sell” rating in a research note on Monday, January 21st. Loop Capital decreased their price target on shares of Electronics For Imaging to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. BidaskClub raised shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Saturday, January 12th. Finally, Citigroup decreased their price target on shares of Electronics For Imaging to $32.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Electronics For Imaging has an average rating of “Hold” and an average price target of $31.69.

NASDAQ:EFII traded down $0.26 during midday trading on Monday, hitting $37.06. The company had a trading volume of 21,342 shares, compared to its average volume of 798,106. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.12 and a current ratio of 1.34. Electronics For Imaging has a 52-week low of $19.76 and a 52-week high of $38.33. The firm has a market capitalization of $1.61 billion, a PE ratio of -1,853.00 and a beta of 1.26.

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc raised its position in shares of Electronics For Imaging by 1.3% during the 3rd quarter. Vanguard Group Inc now owns 4,534,498 shares of the technology company’s stock valued at $154,535,000 after purchasing an additional 58,334 shares during the period. Vanguard Group Inc. raised its position in shares of Electronics For Imaging by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,534,498 shares of the technology company’s stock valued at $154,535,000 after purchasing an additional 58,334 shares during the period. Dimensional Fund Advisors LP increased its holdings in Electronics For Imaging by 6.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,013,657 shares of the technology company’s stock valued at $74,740,000 after acquiring an additional 195,146 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Electronics For Imaging by 3.2% in the 4th quarter. Victory Capital Management Inc. now owns 1,687,644 shares of the technology company’s stock valued at $41,854,000 after acquiring an additional 52,200 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in Electronics For Imaging by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 525,886 shares of the technology company’s stock valued at $13,041,000 after acquiring an additional 46,079 shares during the last quarter.

About Electronics For Imaging

Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.

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Analyst Recommendations for Electronics For Imaging (NASDAQ:EFII)

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