Endo International PLC (ENDP) Forecasted to Earn Q1 2019 Earnings of $0.39 Per Share

Endo International PLC (NASDAQ:ENDP) (TSE:ENL) – Stock analysts at SunTrust Banks issued their Q1 2019 EPS estimates for Endo International in a research report issued on Tuesday, March 19th, Zacks Investment Research reports. SunTrust Banks analyst G. Gilbert expects that the company will earn $0.39 per share for the quarter. SunTrust Banks currently has a “Buy” rating and a $13.00 price objective on the stock. SunTrust Banks also issued estimates for Endo International’s Q2 2019 earnings at $0.53 EPS, Q3 2019 earnings at $0.58 EPS, Q4 2019 earnings at $0.65 EPS, FY2019 earnings at $2.15 EPS, FY2020 earnings at $2.48 EPS, FY2021 earnings at $2.28 EPS, FY2022 earnings at $1.46 EPS and FY2023 earnings at $1.85 EPS.

Endo International (NASDAQ:ENDP) (TSE:ENL) last released its earnings results on Thursday, February 28th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.16. Endo International had a negative net margin of 35.00% and a negative return on equity of 337.13%. The business had revenue of $786.39 million during the quarter, compared to analyst estimates of $744.24 million. During the same quarter in the prior year, the firm earned $0.77 earnings per share.

Several other research analysts have also recently weighed in on ENDP. Zacks Investment Research cut shares of Endo International from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 14th. BidaskClub raised shares of Endo International from a “hold” rating to a “buy” rating in a research report on Thursday, March 21st. ValuEngine raised shares of Endo International from a “sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Gabelli reissued a “hold” rating on shares of Endo International in a research report on Wednesday, March 27th. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of Endo International in a research report on Friday, March 1st. Sixteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.44.

Shares of Endo International stock traded up $0.01 during trading hours on Friday, reaching $7.55. 2,164,768 shares of the company’s stock were exchanged, compared to its average volume of 3,269,144. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 2.61 and a beta of 1.17. Endo International has a 1 year low of $5.31 and a 1 year high of $18.50.

Several hedge funds have recently bought and sold shares of the company. Tibra Equities Europe Ltd acquired a new stake in shares of Endo International in the first quarter valued at approximately $621,000. Norges Bank acquired a new stake in shares of Endo International during the fourth quarter worth $21,218,000. Nordea Investment Management AB lifted its holdings in shares of Endo International by 23.0% during the fourth quarter. Nordea Investment Management AB now owns 129,200 shares of the company’s stock worth $943,000 after purchasing an additional 24,200 shares during the period. Globeflex Capital L P lifted its holdings in shares of Endo International by 2.6% during the fourth quarter. Globeflex Capital L P now owns 214,135 shares of the company’s stock worth $1,563,000 after purchasing an additional 5,391 shares during the period. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in shares of Endo International during the fourth quarter worth $421,000. 95.69% of the stock is owned by institutional investors and hedge funds.

Endo International Company Profile

Endo International plc, a specialty pharmaceutical company, manufactures and sells generic and branded pharmaceuticals in the United States, Canada, and internationally. The company operates through three segments: U.S. Generic Pharmaceuticals, U.S. Branded Pharmaceuticals, and International Pharmaceuticals.

Featured Story: How the Consumer Price Index (CPI) is calculated?

Get a free copy of the Zacks research report on Endo International (ENDP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Endo International (NASDAQ:ENDP)

Receive News & Ratings for Endo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endo International and related companies with MarketBeat.com's FREE daily email newsletter.