Energy Focus Inc (NASDAQ:EFOI) – Investment analysts at B. Riley issued their Q1 2019 earnings per share estimates for shares of Energy Focus in a research report issued on Friday. B. Riley analyst C. Driscoll forecasts that the construction company will post earnings per share of ($0.11) for the quarter. B. Riley currently has a “Hold” rating on the stock. B. Riley also issued estimates for Energy Focus’ Q2 2019 earnings at ($0.12) EPS, Q3 2019 earnings at ($0.11) EPS and Q4 2019 earnings at ($0.08) EPS.
Several other research firms have also commented on EFOI. Zacks Investment Research lowered Energy Focus from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of Energy Focus in a research report on Thursday, November 9th. Finally, ValuEngine lowered Energy Focus from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $3.45.
Energy Focus (NASDAQ:EFOI) last released its quarterly earnings results on Thursday, February 22nd. The construction company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02. The firm had revenue of $4.73 million for the quarter, compared to analyst estimates of $5.83 million. Energy Focus had a negative return on equity of 43.83% and a negative net margin of 56.77%.
An institutional investor recently raised its position in Energy Focus stock. WealthTrust Axiom LLC raised its holdings in Energy Focus Inc (NASDAQ:EFOI) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 502,949 shares of the construction company’s stock after purchasing an additional 41,805 shares during the period. WealthTrust Axiom LLC owned about 4.24% of Energy Focus worth $1,232,000 as of its most recent SEC filing. Institutional investors own 16.86% of the company’s stock.
Energy Focus Company Profile
Energy Focus, Inc along with its subsidiaries is engaged in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is engaged in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets.
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