Energy Focus Inc (NASDAQ:EFOI) has received an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $4.00.
Separately, Roth Capital set a $2.00 price objective on shares of Energy Focus and gave the stock a “hold” rating in a research report on Thursday, August 9th.
NASDAQ EFOI remained flat at $$2.32 on Monday. 5,392 shares of the company’s stock traded hands, compared to its average volume of 11,453. Energy Focus has a 12-month low of $1.78 and a 12-month high of $3.46. The stock has a market cap of $27.95 million, a PE ratio of -2.94 and a beta of -0.19.
Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, August 8th. The construction company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.02. Energy Focus had a negative net margin of 40.01% and a negative return on equity of 42.65%. The firm had revenue of $5.17 million for the quarter, compared to analysts’ expectations of $5.50 million. research analysts expect that Energy Focus will post -0.65 earnings per share for the current year.
About Energy Focus
Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers various light-emitting diode (LED) lighting technologies, including military maritime products, such as Military Intellitube, globe lights, berth lights, and fixtures to serve the United States navy and allied foreign navies.
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