Endurance International Group (EIGI) Getting Somewhat Favorable Press Coverage, Analysis Shows
News coverage about Endurance International Group (NASDAQ:EIGI) has trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Endurance International Group earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.4271496824391 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Endurance International Group (EIGI) opened at $8.55 on Thursday. Endurance International Group has a 12 month low of $6.20 and a 12 month high of $9.85. 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 (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, October 31st. The software maker reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.13). Endurance International Group had a negative net margin of 12.74% and a negative return on equity of 161.36%. The company had revenue of $295.20 million for the quarter, compared to analyst estimates of $290.45 million. During the same quarter in the prior year, the business earned ($0.24) EPS. Endurance International Group’s revenue was up 1.4% compared to the same quarter last year. equities research analysts expect that Endurance International Group will post -1 earnings per share for the current year.
A number of equities research analysts have recently weighed in on the company. SunTrust Banks reaffirmed a “hold” rating and set a $8.00 price target on shares of Endurance International Group in a report on Friday, November 17th. Zacks Investment Research lowered 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 research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has a consensus rating of “Sell” and a consensus target price of $7.70.
In related news, CFO Marc Montagner sold 6,877 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $7.55, for a total transaction of $51,921.35. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 22,722 shares of company stock worth $175,989 in the last quarter. Company insiders own 58.20% of the company’s stock.
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.
Receive News & Ratings for Endurance International Group Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group Holdings Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.