Endurance International Group Holdings Inc (EIGI) to Post Q1 2018 Earnings of ($0.10) Per Share, Oppenheimer Forecasts

Endurance International Group Holdings Inc (NASDAQ:EIGI) – Analysts at Oppenheimer issued their Q1 2018 earnings per share estimates for Endurance International Group in a research note issued on Wednesday. Oppenheimer analyst J. Helfstein expects that the software maker will post earnings per share of ($0.10) for the quarter. Oppenheimer has a “Outperform” rating and a $9.00 price target on the stock. Oppenheimer also issued estimates for Endurance International Group’s Q2 2018 earnings at ($0.05) EPS, Q3 2018 earnings at $0.00 EPS and Q4 2018 earnings at $0.05 EPS.

A number of other research firms have also recently issued reports on EIGI. SunTrust Banks reiterated a “hold” rating and set a $8.00 target price on shares of Endurance International Group in a report on Friday, November 17th. Zacks Investment Research downgraded shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. BidaskClub downgraded shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Jefferies Group raised their target price 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. Finally, Morgan Stanley cut their target price on shares of Endurance International Group from $8.00 to $7.75 and set an “underweight” rating for the company in a research note on Wednesday. Five investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Endurance International Group has a consensus rating of “Hold” and an average price target of $8.13.

Endurance International Group (NASDAQ:EIGI) opened at $7.70 on Thursday. The stock has a market capitalization of $1,054.66, a PE ratio of -9.75 and a beta of 1.85. The company has a debt-to-equity ratio of 31.15, a quick ratio of 0.33 and a current ratio of 0.33. Endurance International Group has a 1-year low of $6.20 and a 1-year high of $9.85.

Endurance International Group (NASDAQ:EIGI) last released its earnings results on Tuesday, February 13th. The software maker reported $0.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.20. The firm had revenue of $294.25 million during the quarter, compared to analysts’ expectations of $289.22 million. Endurance International Group had a negative return on equity of 130.55% and a negative net margin of 9.12%. The company’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.26) EPS.

A number of large investors have recently modified their holdings of the stock. Voya Investment Management LLC lifted its stake in Endurance International Group by 14.9% in the 2nd quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after purchasing an additional 3,877 shares during the last quarter. Cubist Systematic Strategies LLC lifted its position in Endurance International Group by 37.4% during the second quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock worth $157,000 after acquiring an additional 5,111 shares during the last quarter. Alliancebernstein L.P. lifted its position in Endurance International Group by 8.8% during the second quarter. Alliancebernstein L.P. now owns 70,600 shares of the software maker’s stock worth $590,000 after acquiring an additional 5,700 shares during the last quarter. New York State Common Retirement Fund lifted its position in Endurance International Group by 6.5% during the third quarter. New York State Common Retirement Fund now owns 109,299 shares of the software maker’s stock worth $896,000 after acquiring an additional 6,674 shares during the last quarter. Finally, Profund Advisors LLC lifted its position in Endurance International Group by 7.2% during the fourth quarter. Profund Advisors LLC now owns 130,654 shares of the software maker’s stock worth $1,097,000 after acquiring an additional 8,807 shares during the last quarter. Institutional investors and hedge funds own 86.46% of the company’s stock.

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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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