Shares of Endurance International Group Holdings Inc (NASDAQ:EIGI) have been given a consensus rating of “Hold” by the ten research firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $8.04.
Several equities research analysts have commented on EIGI shares. Oppenheimer reaffirmed a “buy” rating and issued a $12.00 target price on shares of Endurance International Group in a research note on Tuesday, December 12th. Zacks Investment Research raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a research note on Friday, February 16th. BidaskClub raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. Credit Suisse Group lowered their target price on shares of Endurance International Group from $10.00 to $9.00 and set an “outperform” rating for the company in a research note on Wednesday, February 14th. Finally, Goldman Sachs started coverage on shares of Endurance International Group in a research note on Friday. They issued a “sell” rating and a $8.50 target price for the company.
Hedge funds have recently modified their holdings of the company. Jane Street Group LLC bought a new stake in shares of Endurance International Group during the third quarter worth $102,000. Stone Ridge Asset Management LLC bought a new stake in shares of Endurance International Group during the fourth quarter worth $141,000. Teacher Retirement System of Texas bought a new stake in shares of Endurance International Group during the fourth quarter worth $183,000. MetLife Investment Advisors LLC bought a new stake in shares of Endurance International Group during the fourth quarter worth $230,000. Finally, Aperio Group LLC increased its position in shares of Endurance International Group by 46.6% during the fourth quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock worth $258,000 after acquiring an additional 9,775 shares in the last quarter. 89.57% of the stock is owned by institutional investors.
Endurance International Group (NASDAQ:EIGI) last issued its earnings results on Tuesday, February 13th. The software maker reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.20. Endurance International Group had a negative net margin of 9.12% and a negative return on equity of 130.24%. The firm had revenue of $294.25 million during the quarter, compared to the consensus estimate of $289.22 million. During the same quarter in the prior year, the firm earned ($0.26) earnings per share. The business’s quarterly revenue was up .7% on a year-over-year basis. equities analysts forecast that Endurance International Group will post -0.19 earnings per share for the current year.
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.
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