Roth Capital Reiterates $1.00 Price Target for Energy Focus (EFOI)

Roth Capital set a $1.00 price objective on Energy Focus (NASDAQ:EFOI) in a research report released on Wednesday morning. The brokerage currently has a hold rating on the construction company’s stock.

Shares of NASDAQ EFOI traded up $0.12 during midday trading on Wednesday, hitting $1.27. The company’s stock had a trading volume of 46,002 shares, compared to its average volume of 27,385. Energy Focus has a 1 year low of $1.02 and a 1 year high of $3.46. The firm has a market cap of $13.61 million, a price-to-earnings ratio of -1.61 and a beta of -0.21.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, November 7th. The construction company reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.03. Energy Focus had a negative net margin of 40.01% and a negative return on equity of 42.65%. The business had revenue of $5.16 million during the quarter, compared to analyst estimates of $5.83 million. As a group, analysts forecast that Energy Focus will post -0.65 EPS for the current fiscal 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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