Shares of Endurance International Group Holdings Inc (NASDAQ:EIGI) have been given an average rating of “Hold” by the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $8.83.
A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of GreenTree Hospitality Group from a “sell” rating to a “hold” rating in a report on Monday, April 15th. ValuEngine downgraded shares of Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. BidaskClub raised shares of Xilinx from a “hold” rating to a “buy” rating in a report on Saturday, June 29th. Finally, Goldman Sachs Group raised their price target on shares of Western Digital from $42.00 to $49.00 and gave the company a “neutral” rating in a report on Wednesday, March 27th.
In related news, CMO John Orlando sold 18,754 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $6.32, for a total value of $118,525.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Opportunistic Value Fun Okumus acquired 403,123 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was acquired at an average cost of $5.08 per share, for a total transaction of $2,047,864.84. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 1,107,022 shares of company stock worth $5,597,534 and have sold 58,952 shares worth $370,787. Company insiders own 50.60% of the company’s stock.
EIGI stock traded down $0.06 during trading on Friday, hitting $4.23. 371,362 shares of the stock traded hands, compared to its average volume of 519,147. Endurance International Group has a 1 year low of $4.14 and a 1 year high of $10.60. The stock has a 50 day simple moving average of $4.77. The stock has a market capitalization of $626.17 million, a PE ratio of 141.00 and a beta of 1.24. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 10.32.
Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Tuesday, April 30th. The software maker reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.01. Endurance International Group had a net margin of 0.09% and a return on equity of 0.60%. The company had revenue of $280.70 million for the quarter, compared to the consensus estimate of $283.41 million. During the same period in the prior year, the firm posted ($0.02) EPS. Endurance International Group’s revenue for the quarter was down 3.7% on a year-over-year basis. As a group, equities research analysts anticipate that Endurance International Group will post -0.09 EPS for the current fiscal year.
Endurance International Group Company Profile
Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.
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