Endurance International Group Holdings, Inc. (NASDAQ:EIGI) – Jefferies Group issued their Q3 2017 earnings per share estimates for shares of Endurance International Group Holdings in a research note issued to investors on Thursday. Jefferies Group analyst B. Thill expects that the software maker will post earnings of ($0.15) per share for the quarter. Jefferies Group currently has a “Underperform” rating and a $5.00 price objective on the stock. Jefferies Group also issued estimates for Endurance International Group Holdings’ Q4 2017 earnings at ($0.12) EPS, FY2017 earnings at ($0.82) EPS, FY2018 earnings at ($0.57) EPS and FY2019 earnings at ($0.27) EPS.

Endurance International Group Holdings (NASDAQ:EIGI) last announced its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.18) by $0.11. Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The business had revenue of $292.26 million during the quarter, compared to the consensus estimate of $289.40 million. During the same period in the previous year, the business posted ($0.21) EPS. The firm’s revenue was up .5% on a year-over-year basis. COPYRIGHT VIOLATION NOTICE: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/28/endurance-international-group-holdings-inc-to-post-q3-2017-earnings-of-0-15-per-share-jefferies-group-forecasts-eigi.html.

EIGI has been the subject of a number of other reports. Zacks Investment Research downgraded shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. ValuEngine upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, May 11th. Cantor Fitzgerald reiterated a “hold” rating on shares of Endurance International Group Holdings in a report on Monday, June 26th. BidaskClub upgraded shares of Endurance International Group Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Finally, SunTrust Banks, Inc. began coverage on shares of Endurance International Group Holdings in a report on Tuesday, August 15th. They set a “hold” rating and a $8.00 price target for the company. Six equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of “Sell” and an average target price of $7.92.

Endurance International Group Holdings (NASDAQ EIGI) opened at 7.30 on Monday. The company has a 50 day moving average of $8.29 and a 200-day moving average of $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 $1.04 billion.

A number of large investors have recently added to or reduced their stakes in EIGI. Cutler Group LP increased its stake in 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 last quarter. Nine Chapters Capital Management LLC bought a new stake in Endurance International Group Holdings during the first quarter worth about $122,000. Stevens Capital Management LP bought a new stake in Endurance International Group Holdings during the first quarter worth about $143,000. Invictus RG bought a new stake in Endurance International Group Holdings during the first quarter worth about $145,000. Finally, Karp Capital Management Corp bought a new stake in Endurance International Group Holdings during the first quarter worth about $146,000. Hedge funds and other institutional investors own 86.11% of the company’s stock.

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 transaction of $66,968.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 13,344 shares of company stock valued at $107,382. Insiders own 58.20% of the company’s stock.

About Endurance International Group Holdings

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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