Wall Street analysts expect that Endurance International Group Holdings, Inc. (NASDAQ:EIGI) will report sales of $289.98 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Endurance International Group Holdings’ earnings. The highest sales estimate is $292.00 million and the lowest is $288.00 million. Endurance International Group Holdings posted sales of $197.40 million during the same quarter last year, which would indicate a positive year over year growth rate of 46.9%. The firm is expected to issue its next earnings results on Tuesday, August 1st.

On average, analysts expect that Endurance International Group Holdings will report full year sales of $289.98 million for the current fiscal year, with estimates ranging from $1.16 billion to $1.17 billion. For the next fiscal year, analysts expect that the business will report sales of $1.17 billion per share, with estimates ranging from $1.12 billion to $1.20 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Endurance International Group Holdings.

Endurance International Group Holdings (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, May 2nd. The software maker reported ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.21) by $0.14. Endurance International Group Holdings had a negative return on equity of 95.25% and a negative net margin of 11.12%. The firm had revenue of $295.10 million for the quarter, compared to analysts’ expectations of $286.89 million. During the same period in the previous year, the firm earned $0.16 EPS. The business’s quarterly revenue was up 24.5% on a year-over-year basis.

EIGI has been the subject of a number of research reports. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $9.00 price objective on shares of Endurance International Group Holdings in a research note on Wednesday, March 29th. Zacks Investment Research cut Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $10.50 price objective on shares of Endurance International Group Holdings in a research note on Monday, April 24th. Finally, ValuEngine raised Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 11th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $8.83.

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Endurance International Group Holdings (NASDAQ EIGI) traded up 3.09% on Friday, reaching $8.35. The company had a trading volume of 263,672 shares. Endurance International Group Holdings has a 1-year low of $6.20 and a 1-year high of $9.85. The stock’s 50 day moving average is $8.02 and its 200-day moving average is $8.09. The stock’s market capitalization is $1.19 billion.

In related news, insider John Orlando sold 17,732 shares of Endurance International Group Holdings stock in a transaction on Monday, May 15th. The stock was sold at an average price of $7.90, for a total value of $140,082.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Katherine J. Andreasen sold 20,000 shares of Endurance International Group Holdings stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $8.00, for a total value of $160,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 53,654 shares of company stock valued at $421,353. 58.20% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nine Chapters Capital Management LLC bought a new position in Endurance International Group Holdings during the first quarter worth about $122,000. Stevens Capital Management LP bought a new position in Endurance International Group Holdings during the first quarter worth about $143,000. Invictus RG bought a new position in Endurance International Group Holdings during the first quarter worth about $145,000. Karp Capital Management Corp bought a new position in Endurance International Group Holdings during the first quarter worth about $146,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Endurance International Group Holdings during the first quarter worth about $163,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Endurance International Group Holdings 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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