Endurance International Group Holdings, Inc. (NASDAQ:EIGI) – Research analysts at SunTrust Banks issued their Q3 2017 earnings per share (EPS) estimates for Endurance International Group Holdings in a report released on Tuesday. SunTrust Banks analyst N. Khan forecasts that the software maker will earn ($0.23) per share for the quarter. SunTrust Banks has a “Hold” rating and a $8.00 price target on the stock. SunTrust Banks also issued estimates for Endurance International Group Holdings’ Q4 2017 earnings at ($0.19) EPS, FY2017 earnings at ($0.96) EPS, FY2018 earnings at ($0.41) EPS, FY2019 earnings at ($0.17) EPS, FY2020 earnings at $0.07 EPS and FY2021 earnings at $0.29 EPS.

A number of other research analysts also recently weighed in on the company. Jefferies Group LLC reissued 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. ValuEngine raised Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 11th. Zacks Investment Research downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub raised Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Five investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $8.83.

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Endurance International Group Holdings (NASDAQ:EIGI) opened at 7.50 on Friday. The firm has a 50-day moving average price of $8.41 and a 200-day moving average price of $8.05. Endurance International Group Holdings has a 12-month low of $6.20 and a 12-month high of $9.85. The stock’s market cap is $1.07 billion.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share 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 analysts’ expectations of $289.40 million. Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.21) EPS.

A number of hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP raised its stake in Endurance International Group Holdings by 28.4% in the second quarter. First Trust Advisors LP now owns 4,397,050 shares of the software maker’s stock worth $36,715,000 after buying an additional 971,296 shares during the period. Norges Bank acquired a new stake in Endurance International Group Holdings during the fourth quarter worth about $8,722,000. Spark Investment Management LLC raised its stake in Endurance International Group Holdings by 257.5% in the second quarter. Spark Investment Management LLC now owns 766,500 shares of the software maker’s stock worth $6,400,000 after buying an additional 552,100 shares during the period. Prudential Financial Inc. raised its stake in 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 worth $3,119,000 after buying an additional 333,400 shares during the period. Finally, Numeric Investors LLC raised its stake in Endurance International Group Holdings by 67.4% in the second quarter. Numeric Investors LLC now owns 562,923 shares of the software maker’s stock worth $4,700,000 after buying an additional 226,600 shares during the period. 86.11% of the stock is currently owned by hedge funds and other institutional investors.

In other Endurance International Group Holdings news, insider John Orlando sold 8,531 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 13,344 shares of company stock worth $107,382 in the last ninety days. Insiders own 58.20% 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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