Endurance International Group (NASDAQ:EIGI)‘s stock had its “buy” rating reiterated by analysts at Oppenheimer in a research report issued on Tuesday. They currently have a $12.00 target price on the software maker’s stock. Oppenheimer’s price objective indicates a potential upside of 41.18% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. BidaskClub downgraded Endurance International Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Zacks Investment Research upgraded Endurance International Group from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. SunTrust Banks started coverage on Endurance International Group in a research report on Tuesday, August 15th. They set a “hold” rating and a $8.00 price target on the stock. Finally, Jefferies Group raised their price target on Endurance International Group from $5.00 to $6.00 and gave the company an “underperform” rating in a research report on Wednesday, November 1st. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $8.42.

Shares of Endurance International Group (NASDAQ:EIGI) traded down $0.05 during mid-day trading on Tuesday, hitting $8.50. The company had a trading volume of 306,800 shares, compared to its average volume of 591,016. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 31.15. Endurance International Group has a one year low of $6.20 and a one year high of $9.85.

Endurance International Group (NASDAQ:EIGI) last issued its quarterly earnings data on Tuesday, October 31st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.13). Endurance International Group had a negative return on equity of 161.36% and a negative net margin of 12.74%. The business had revenue of $295.20 million during the quarter, compared to analysts’ expectations of $290.45 million. During the same quarter last year, the business posted ($0.24) EPS. The company’s quarterly revenue was up 1.4% on a year-over-year basis. analysts predict that Endurance International Group will post -1 EPS for the current year.

In other news, CFO Marc Montagner sold 6,877 shares of Endurance International Group stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $7.55, for a total value of $51,921.35. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders sold 22,722 shares of company stock worth $175,989. Company insiders own 58.20% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in shares of Endurance International Group in the third quarter worth about $102,000. Okumus Fund Management Ltd. grew its stake in shares of Endurance International Group by 33.2% in the third quarter. Okumus Fund Management Ltd. now owns 12,200,027 shares of the software maker’s stock worth $100,040,000 after purchasing an additional 3,042,561 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Endurance International Group by 206.3% in the third quarter. Dimensional Fund Advisors LP now owns 439,559 shares of the software maker’s stock worth $3,604,000 after purchasing an additional 296,037 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Endurance International Group by 28.0% in the third quarter. Schwab Charles Investment Management Inc. now owns 633,643 shares of the software maker’s stock worth $5,196,000 after purchasing an additional 138,458 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Endurance International Group by 32.5% in the third quarter. Wells Fargo & Company MN now owns 104,497 shares of the software maker’s stock worth $857,000 after purchasing an additional 25,628 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

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About Endurance International Group

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.

Analyst Recommendations for Endurance International Group (NASDAQ:EIGI)

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