Endo International PLC (ENDP) Given Hold Rating at Oppenheimer Holdings, Inc.
Endo International PLC (NASDAQ:ENDP)‘s stock had its “hold” rating reaffirmed by investment analysts at Oppenheimer Holdings, Inc. in a research report issued to clients and investors on Sunday.
Other equities research analysts have also issued research reports about the company. Vetr raised Endo International PLC from a “strong sell” rating to a “sell” rating and set a $11.34 price target for the company in a research note on Wednesday, May 17th. William Blair reaffirmed a “market perform” rating on shares of Endo International PLC in a research note on Wednesday, June 14th. Canaccord Genuity set a $14.00 price target on Endo International PLC and gave the stock a “hold” rating in a research note on Monday, May 22nd. Zacks Investment Research lowered Endo International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Mizuho reaffirmed a “buy” rating and set a $19.00 price target (up previously from $18.00) on shares of Endo International PLC in a research note on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $17.33.
Endo International PLC (ENDP) traded down 7.310% during trading on Friday, hitting $11.475. The stock had a trading volume of 3,984,161 shares. The company has a 50-day moving average of $11.73 and a 200-day moving average of $12.05. Endo International PLC has a 52 week low of $9.70 and a 52 week high of $24.93. The stock’s market capitalization is $2.56 billion.
Endo International PLC (NASDAQ:ENDP) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.13. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. Endo International PLC had a positive return on equity of 25.32% and a negative net margin of 82.93%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $1.08 earnings per share. On average, equities analysts expect that Endo International PLC will post $3.55 earnings per share for the current fiscal year.
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A number of hedge funds and other institutional investors have recently made changes to their positions in ENDP. Norges Bank acquired a new position in shares of Endo International PLC during the fourth quarter worth about $26,929,000. Macquarie Group Ltd. increased its position in shares of Endo International PLC by 132.1% in the fourth quarter. Macquarie Group Ltd. now owns 6,500 shares of the company’s stock worth $107,000 after buying an additional 3,700 shares in the last quarter. Americafirst Capital Management LLC acquired a new position in shares of Endo International PLC during the first quarter worth about $286,000. Hartford Investment Management Co. acquired a new position in shares of Endo International PLC during the first quarter worth about $1,363,000. Finally, Nationwide Fund Advisors increased its position in shares of Endo International PLC by 400.0% in the first quarter. Nationwide Fund Advisors now owns 343,874 shares of the company’s stock worth $3,838,000 after buying an additional 275,101 shares in the last quarter. Institutional investors own 93.15% of the company’s stock.
About Endo International PLC
Endo International PLC, formerly Endo Health Solutions Inc is a specialty healthcare solutions company focused on branded and generic pharmaceuticals, devices and services. The Company has a portfolio of branded pharmaceuticals that includes brands, such as Lidoderm, Opana ER, Voltaren Gel, Percocet, Frova, Supprelin LA, Vantas, Valstar and Fortesta Gel.
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