Energy Focus Receives a Hold from Roth Capital

By Carrie Williams

Roth Capital analyst Craig Irwin reiterated a Hold rating on Energy Focus (NASDAQ: EFOI) today and set a price target of $5. The company’s shares opened today at $4.62, close to its 52-week low of $2.95.

According to, Irwin is ranked 0 out of 5 stars with an average return of -6.6% and a 34.8% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp., Ballard Power Systems, and Amer. Superconductor.

Currently, the analyst consensus on Energy Focus is Hold and the average price target is $5, representing an 8.2% upside.

In a report released today, Benchmark Co. also reiterated a Hold rating on the stock with a $5 price target.

The company has a one year high of $16.20 and a one year low of $2.95. Currently, Energy Focus has an average volume of 112.5K.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EFOI in relation to earlier this year. Most recently, in April 2016, William Cohen, a Director at EFOI bought 1,259 shares for a total of $9,921.

Energy Focus, Inc. designs, develops, manufactures, and markets of energy-efficient lighting systems. It operates through one segment which includes the marketing and sale of commercial, industrial, and military maritime lighting products and research and development services. . Energy Focus company was founded in 1985 and is headquartered in Solon, OH.