Energy Focus Inc (NASDAQ:EFOI): Stock Sentiment

January 11, 2018 - By Stephen Andrade

 Energy Focus Inc (NASDAQ:EFOI): Stock Sentiment

Sentiment for Energy Focus Inc (NASDAQ:EFOI)

Energy Focus Inc (NASDAQ:EFOI) institutional sentiment increased to 1 in Q3 2017. Its up 0.50, from 0.5 in 2017Q2. The ratio is positive, as 7 hedge funds increased or opened new holdings, while 7 sold and reduced their stock positions in Energy Focus Inc. The hedge funds in our partner’s database now possess: 1.94 million shares, up from 1.93 million shares in 2017Q2. Also, the number of hedge funds holding Energy Focus Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 3 New Position: 4.

Energy Focus, Inc., together with its subsidiaries, designs, develops, makes, markets, and sells energy-efficient lighting systems in the United States and internationally. The company has market cap of $38.77 million. It offers various light-emitting diode 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. It currently has negative earnings. The firm also provides commercial products comprising direct-wire tubular LED (TLED) replacements for linear fluorescent lamps; Commercial Intellitube TLED replacement for linear fluorescent lamps; LED fixtures and panels for fluorescent replacement or high-intensity discharge replacement in low-bay and high-bay applications; LED down-lights; LED dock lights and wall-packs; LED vapor tight lighting fixtures; and LED retrofit kits.

The stock increased 2.83% or $0.09 during the last trading session, reaching $3.27. About 11,823 shares traded. Energy Focus, Inc. (NASDAQ:EFOI) has declined 46.37% since January 11, 2017 and is downtrending. It has underperformed by 63.07% the S&P500.

Analysts await Energy Focus, Inc. (NASDAQ:EFOI) to report earnings on February, 22. They expect $-0.15 EPS, up 44.44 % or $0.12 from last year’s $-0.27 per share. After $-0.17 actual EPS reported by Energy Focus, Inc. for the previous quarter, Wall Street now forecasts -11.76 % EPS growth.

Wealthtrust Axiom Llc holds 0.48% of its portfolio in Energy Focus, Inc. for 461,144 shares. Cambridge Advisors Inc. owns 89,253 shares or 0.09% of their US portfolio. Moreover, State Treasurer State Of Michigan has 0.01% invested in the company for 545,283 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 33 shares.#img1#

Energy Focus, Inc. (NASDAQ:EFOI) Ratings Coverage

Ratings analysis reveals 33% of Energy Focus’s analysts are positive. Out of 9 Wall Street analysts rating Energy Focus, 3 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $2.0 while the high is $26. The stock’s average target of $10.88 is 232.72% above today’s ($3.27) share price. EFOI was included in 24 notes of analysts from August 7, 2015. On Thursday, August 10 the stock rating was maintained by Benchmark with “Hold”. The rating was maintained by Benchmark on Tuesday, November 15 with “Buy”. H.C. Wainwright maintained the shares of EFOI in report on Thursday, August 10 with “Buy” rating. Roth Capital maintained Energy Focus, Inc. (NASDAQ:EFOI) on Thursday, October 5 with “Hold” rating. The firm earned “Neutral” rating on Thursday, November 5 by TH Capital. The stock of Energy Focus, Inc. (NASDAQ:EFOI) earned “Hold” rating by Oppenheimer on Wednesday, August 9. Benchmark downgraded Energy Focus, Inc. (NASDAQ:EFOI) on Friday, August 12 to “Hold” rating. FBR Capital downgraded Energy Focus, Inc. (NASDAQ:EFOI) on Monday, August 15 to “Market Perform” rating. The company was initiated on Friday, November 6 by Canaccord Genuity. As per Thursday, November 5, the company rating was downgraded by Roth Capital.

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