Energy Focus (EFOI) Receiving Favorable Press Coverage, Analysis Shows

News headlines about Energy Focus (NASDAQ:EFOI) have trended positive this week, Alpha One reports. The research firm, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Energy Focus earned a daily sentiment score of 0.28 on Alpha One’s scale. Alpha One also assigned news headlines about the construction company an impact score of 66 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected AlphaOne’s scoring:

A number of brokerages have recently commented on EFOI. FBR & Co restated a “hold” rating on shares of Energy Focus in a research note on Wednesday, February 22nd. Zacks Investment Research downgraded Energy Focus from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. Finally, Roth Capital set a $3.00 target price on Energy Focus and gave the stock a “hold” rating in a research note on Monday, March 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $6.88.

Shares of Energy Focus (NASDAQ:EFOI) traded up 0.63% during mid-day trading on Friday, hitting $3.18. The stock had a trading volume of 23,957 shares. The firm’s market cap is $37.45 million. The firm has a 50 day moving average price of $3.11 and a 200 day moving average price of $4.01. Energy Focus has a 52-week low of $2.45 and a 52-week high of $6.50.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings results on Thursday, May 4th. The construction company reported ($0.35) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.35). Energy Focus had a negative return on equity of 17.84% and a negative net margin of 18.99%. The firm had revenue of $4.10 million for the quarter, compared to analyst estimates of $7.08 million. During the same quarter last year, the company posted ($0.17) earnings per share. The business’s revenue was down 51.2% on a year-over-year basis. Equities analysts predict that Energy Focus will post ($1.11) EPS for the current year.

TRADEMARK VIOLATION NOTICE: This news story was first published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://www.chaffeybreeze.com/2017/05/19/energy-focus-efoi-receiving-favorable-press-coverage-analysis-shows.html.

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.

5 Day Chart for NASDAQ:EFOI

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

Latest News

Leave a Reply