Endurance International Group Holdings Inc (EIGI) Receives Average Recommendation of “Hold” from Brokerages

Endurance International Group Holdings Inc (NASDAQ:EIGI) has received an average rating of “Hold” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.63.

EIGI has been the subject of several research reports. Jefferies Group reissued a “sell” rating and set a $5.00 price objective on shares of Endurance International Group in a report on Thursday, September 28th. BidaskClub lowered Endurance International Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Zacks Investment Research raised Endurance International Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. Oppenheimer reissued a “buy” rating and set a $12.00 price objective on shares of Endurance International Group in a report on Tuesday, December 12th. Finally, SunTrust Banks reissued a “hold” rating and set a $8.00 price objective on shares of Endurance International Group in a report on Friday, November 17th.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in shares of Endurance International Group in the third quarter worth $102,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Endurance International Group by 37.4% in the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock worth $157,000 after acquiring an additional 5,111 shares during the period. Wolverine Trading LLC boosted its holdings in shares of Endurance International Group by 650.3% in the second quarter. Wolverine Trading LLC now owns 20,814 shares of the software maker’s stock worth $178,000 after acquiring an additional 18,040 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Endurance International Group by 14.9% in the second quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock worth $249,000 after acquiring an additional 3,877 shares during the period. Finally, Kazazian Asset Management LLC bought a new position in shares of Endurance International Group in the second quarter worth $316,000. 86.43% of the stock is owned by institutional investors and hedge funds.

Shares of Endurance International Group (EIGI) traded up $0.15 on Tuesday, hitting $8.80. The company had a trading volume of 370,100 shares, compared to its average volume of 336,060. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 31.15. The stock has a market capitalization of $1,241.20, a P/E ratio of -8.00 and a beta of 1.97. Endurance International Group has a one year low of $6.20 and a one year high of $9.85.

Endurance International Group (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.13). Endurance International Group had a negative net margin of 12.74% and a negative return on equity of 161.36%. The business had revenue of $295.20 million for the quarter, compared to analysts’ expectations of $290.45 million. During the same period in the previous year, the business posted ($0.24) earnings per share. The business’s revenue was up 1.4% compared to the same quarter last year. sell-side analysts anticipate that Endurance International Group will post -1 EPS for the current year.

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Endurance International Group Company Profile

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

Analyst Recommendations for Endurance International Group (NASDAQ:EIGI)

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