Endurance International Group (EIGI) Issues Quarterly Earnings Results, Beats Estimates By $0.20 EPS
Endurance International Group (NASDAQ:EIGI) announced its earnings results on Tuesday. The software maker reported $0.05 earnings per share for the quarter, beating the 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 the consensus estimate of $289.22 million. During the same quarter in the previous year, the company posted ($0.26) EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis.
Endurance International Group (EIGI) opened at $7.35 on Wednesday. Endurance International Group has a one year low of $6.20 and a one year 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. The company has a market cap of $1,076.19, a PE ratio of -6.68 and a beta of 1.85.
EIGI has been the subject of several analyst reports. Oppenheimer reissued a “buy” rating and issued a $12.00 target price on shares of Endurance International Group in a research note on Tuesday, December 12th. SunTrust Banks reaffirmed a “hold” rating and set a $8.00 price objective on shares of Endurance International Group in a research note on Friday, November 17th. Zacks Investment Research raised shares of Endurance International Group from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. BidaskClub downgraded shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Finally, Jefferies Group reaffirmed a “sell” rating and set a $5.00 price objective on shares of Endurance International Group in a research note on Tuesday, October 31st. Five equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company currently 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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