Endeavour International Upgraded at Zacks (END)
Endeavour International (NYSE:END) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday. The firm currently has a $0.90 target price on the stock. Zacks‘s price objective would suggest a potential upside of 0.78% from the stock’s previous close.
Endeavour International (NYSE:END) traded down 13.25% during mid-day trading on Tuesday, hitting $0.7747. The stock had a trading volume of 2,289,420 shares. Endeavour International has a 52 week low of $0.85 and a 52 week high of $7.50. The stock has a 50-day moving average of $1.15 and a 200-day moving average of $2.40. The company’s market cap is $38.4 million.
Endeavour International (NYSE:END) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by $0.39. The company had revenue of $44.86 million for the quarter, compared to the consensus estimate of $86.23 million. During the same quarter last year, the company posted ($0.30) earnings per share. Endeavour International’s revenue was down 64.4% compared to the same quarter last year. Analysts expect that Endeavour International will post $-2.18 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on END. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Endeavour International in a research note on Wednesday, August 13th. They now have a $1.00 price target on the stock, down previously from $2.00. Separately, analysts at SunTrust cut their price target on shares of Endeavour International from $2.50 to $1.50 in a research note on Wednesday, August 6th. Finally, analysts at FBR Capital Markets downgraded shares of Endeavour International from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 3rd. They now have a $2.00 price target on the stock, down previously from $6.95.
Endeavour International Corporation (NYSE:END) is an independent oil and gas company engaged in the exploration, development and acquisition of energy reserves in the United States and United Kingdom.
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