Endurance International Group (NASDAQ:EIGI) announced its quarterly earnings data on Tuesday. The software maker reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.20, Morningstar.com reports. Endurance International Group had a negative net margin of 12.74% and a negative return on equity of 161.36%. The firm had revenue of $294.25 million during the quarter, compared to analysts’ expectations of $289.22 million. During the same quarter last year, the business earned ($0.26) earnings per share. The business’s revenue for the quarter was up .7% compared to the same quarter last year.
Endurance International Group (NASDAQ:EIGI) opened at $7.50 on Tuesday. The company has a debt-to-equity ratio of 31.15, a current ratio of 0.33 and a quick ratio of 0.33. Endurance International Group has a 52-week low of $6.20 and a 52-week high of $9.85.
Several analysts recently commented on the stock. Oppenheimer reiterated a “buy” rating and issued a $12.00 price objective on shares of Endurance International Group in a research note on Tuesday, December 12th. SunTrust Banks reiterated a “hold” rating and issued a $8.00 price objective on shares of Endurance International Group in a research note on Friday, November 17th. BidaskClub cut shares of Endurance International Group from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 23rd. Zacks Investment Research cut shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. Finally, Jefferies Group raised their price objective on shares of Endurance International Group from $5.00 to $6.00 and gave the company an “underperform” rating in a research note on Wednesday, November 1st. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $8.70.
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Endurance International Group 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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