Brokerages expect that Endurance International Group Holdings, Inc. (NASDAQ:EIGI) will announce $292.38 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Endurance International Group Holdings’ earnings, with the highest sales estimate coming in at $296.00 million and the lowest estimate coming in at $290.67 million. Endurance International Group Holdings reported sales of $195.28 million during the same quarter last year, which indicates a positive year over year growth rate of 49.7%. The firm is scheduled to issue its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Endurance International Group Holdings will report full year sales of $292.38 million for the current financial year, with estimates ranging from $1.17 billion to $1.20 billion. For the next fiscal year, analysts forecast that the firm will post sales of $1.18 billion per share, with estimates ranging from $1.12 billion to $1.22 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that follow Endurance International Group Holdings.

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

EIGI has been the subject of a number of analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $10.50 target price on shares of Endurance International Group Holdings in a research report on Monday, April 24th. ValuEngine raised shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, May 11th. Zacks Investment Research downgraded shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub raised shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a research report on Monday, June 26th. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $8.83.

Shares of Endurance International Group Holdings (NASDAQ:EIGI) opened at 7.50 on Friday. The company’s 50-day moving average price is $8.38 and its 200 day moving average price is $8.05. Endurance International Group Holdings has a one year low of $6.20 and a one year high of $9.85. The company’s market cap is $1.07 billion.

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In other news, insider John Orlando sold 8,531 shares of Endurance International Group Holdings stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $7.85, for a total value of $66,968.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 13,344 shares of company stock valued at $107,382. Insiders own 58.20% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cutler Group LP increased its position in shares of Endurance International Group Holdings by 586.7% in the second quarter. Cutler Group LP now owns 14,517 shares of the software maker’s stock worth $121,000 after buying an additional 17,500 shares during the period. Nine Chapters Capital Management LLC purchased a new position in shares of Endurance International Group Holdings during the first quarter worth approximately $122,000. Stevens Capital Management LP purchased a new position in shares of Endurance International Group Holdings during the first quarter worth approximately $143,000. Invictus RG purchased a new position in shares of Endurance International Group Holdings during the first quarter worth approximately $145,000. Finally, Karp Capital Management Corp purchased a new position in shares of Endurance International Group Holdings during the first quarter worth approximately $146,000. 86.11% of the stock is owned by institutional investors.

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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