Weekly Analysts’ Ratings Changes for Endurance International Group (EIGI)

Several analysts have recently updated their ratings and price targets for Endurance International Group (NASDAQ: EIGI):

  • 11/21/2019 – Endurance International Group was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 11/13/2019 – Endurance International Group was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 11/4/2019 – Endurance International Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Endurance International Group Holdings, Inc. is a provider of cloud-based solutions. Its solutions are designed to help small- and medium-sized businesses. The Company’s products and services includes initial Website design and creation, email and commerce solutions as well as offerings, such as scalable and on-demand computing, security, storage and bandwidth, online marketing, mobile and productivity solutions, Web Presence and Commerce Offerings, Computing Resources and Security Offerings, Marketing Solutions and Productivity Tools. Endurance International Group Holdings, Inc. is headquartered in Burlington, Massachusetts. “
  • 11/1/2019 – Endurance International Group was given a new $5.50 price target on by analysts at SunTrust Banks, Inc.. They now have a “hold” rating on the stock.
  • 10/19/2019 – Endurance International Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 10/2/2019 – Endurance International Group was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 10/2/2019 – Endurance International Group was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Endurance International Group Holdings, Inc. is a provider of cloud-based solutions. Its solutions are designed to help small- and medium-sized businesses. The Company’s products and services includes initial Website design and creation, email and commerce solutions as well as offerings, such as scalable and on-demand computing, security, storage and bandwidth, online marketing, mobile and productivity solutions, Web Presence and Commerce Offerings, Computing Resources and Security Offerings, Marketing Solutions and Productivity Tools. Endurance International Group Holdings, Inc. is headquartered in Burlington, Massachusetts. “
  • 9/27/2019 – Endurance International Group was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

EIGI opened at $3.60 on Friday. The business’s 50-day moving average price is $4.05 and its two-hundred day moving average price is $4.58. Endurance International Group Holdings Inc has a 1 year low of $3.51 and a 1 year high of $8.88. The company has a market capitalization of $566.59 million, a price-to-earnings ratio of 120.00 and a beta of 1.25. The company has a debt-to-equity ratio of 10.02, a current ratio of 0.44 and a quick ratio of 0.44.

Endurance International Group (NASDAQ:EIGI) last released its quarterly earnings results on Thursday, October 31st. The software maker reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.06. Endurance International Group had a positive return on equity of 13.20% and a negative net margin of 0.82%. The firm had revenue of $277.20 million for the quarter, compared to the consensus estimate of $279.51 million. During the same quarter last year, the business posted ($0.04) EPS. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. Sell-side analysts anticipate that Endurance International Group Holdings Inc will post -0.14 earnings per share for the current fiscal year.

In other news, CFO Marc Montagner sold 9,637 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $5.54, for a total value of $53,388.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Barry Christine Timmins sold 6,787 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $3.84, for a total value of $26,062.08. The disclosure for this sale can be found here. Company insiders own 50.60% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Endurance International Group in the 2nd quarter valued at about $34,000. Angeles Investment Advisors LLC bought a new position in shares of Endurance International Group in the 2nd quarter valued at about $120,000. Trexquant Investment LP grew its holdings in shares of Endurance International Group by 215.3% in the 2nd quarter. Trexquant Investment LP now owns 71,879 shares of the software maker’s stock valued at $345,000 after acquiring an additional 49,083 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Endurance International Group by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 6,896,775 shares of the software maker’s stock valued at $33,105,000 after acquiring an additional 197,273 shares in the last quarter. Finally, Stone Ridge Asset Management LLC bought a new position in shares of Endurance International Group in the 2nd quarter valued at about $86,000. Institutional investors own 86.34% of the company’s stock.

Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.

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