Analysts Set Energy Focus Inc (EFOI) Price Target at $4.00

Share on StockTwits

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.

Recommended Story: Hedge Funds

Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply