Wall Street analysts forecast that Endurance International Group Holdings, Inc. (NASDAQ:EIGI) will report earnings per share of ($0.15) for the current quarter, according to Zacks. Three analysts have made estimates for Endurance International Group Holdings’ earnings. The highest EPS estimate is ($0.14) and the lowest is ($0.16). Endurance International Group Holdings reported earnings per share of ($0.24) in the same quarter last year, which suggests a positive year over year growth rate of 37.5%. The company is expected to announce its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Endurance International Group Holdings will report full-year earnings of ($0.76) per share for the current year, with EPS estimates ranging from ($0.81) to ($0.72). For the next fiscal year, analysts expect that the firm will post earnings of ($0.11) per share, with EPS estimates ranging from ($0.47) to $0.25. Zacks’ EPS averages are an average based on a survey of analysts that cover Endurance International Group Holdings.

Endurance International Group Holdings (NASDAQ:EIGI) last released its earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.18) by $0.11. The company had revenue of $292.26 million during the quarter, compared to analyst estimates of $289.40 million. Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.21) EPS.

Several brokerages recently issued reports on EIGI. Zacks Investment Research downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 4th. SunTrust Banks, Inc. began coverage on Endurance International Group Holdings in a report on Tuesday. They issued a “hold” rating and a $8.00 price target on the stock. BidaskClub downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a report on Monday, June 26th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $10.50 price target on shares of Endurance International Group Holdings in a report on Friday, June 23rd. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.83.

In related news, insider Katherine J. Andreasen sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $7.58, for a total value of $37,900.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 9,813 shares of company stock worth $78,314. Company insiders own 58.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Prudential Financial Inc. increased its stake in shares of Endurance International Group Holdings by 521.8% in the first quarter. Prudential Financial Inc. now owns 397,300 shares of the software maker’s stock valued at $3,119,000 after buying an additional 333,400 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Endurance International Group Holdings by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock valued at $438,000 after buying an additional 7,011 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at $288,000. Alambic Investment Management L.P. increased its stake in shares of Endurance International Group Holdings by 88.0% in the first quarter. Alambic Investment Management L.P. now owns 126,900 shares of the software maker’s stock valued at $996,000 after buying an additional 59,400 shares during the last quarter. Finally, Nine Chapters Capital Management LLC acquired a new stake in shares of Endurance International Group Holdings during the first quarter valued at $122,000. 86.11% of the stock is currently owned by hedge funds and other institutional investors.

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Endurance International Group Holdings (EIGI) traded up 0.327% on Thursday, hitting $7.675. The stock had a trading volume of 6,984 shares. Endurance International Group Holdings has a 12-month low of $6.20 and a 12-month high of $9.85. The company’s market cap is $1.10 billion. The company’s 50 day moving average price is $8.44 and its 200-day moving average price is $8.06.

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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