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.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of Endurance International Group during the 3rd quarter valued at about $102,000. Cubist Systematic Strategies LLC increased its stake in shares of Endurance International Group by 37.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 18,791 shares of the software maker’s stock valued at $157,000 after acquiring an additional 5,111 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Endurance International Group during the 4th quarter valued at about $183,000. Voya Investment Management LLC increased its stake in shares of Endurance International Group by 14.9% during the 2nd quarter. Voya Investment Management LLC now owns 29,860 shares of the software maker’s stock valued at $249,000 after acquiring an additional 3,877 shares during the last quarter. Finally, Aperio Group LLC increased its stake in shares of Endurance International Group by 46.6% during the 4th quarter. Aperio Group LLC now owns 30,759 shares of the software maker’s stock valued at $258,000 after acquiring an additional 9,775 shares during the last quarter. 86.46% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: This news story was originally published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://theolympiareport.com/2018/02/14/endurance-international-group-eigi-issues-quarterly-earnings-results-beats-estimates-by-0-20-eps.html.

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.

Earnings History for Endurance International Group (NASDAQ:EIGI)

Receive News & Ratings for Endurance International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group and related companies with MarketBeat.com's FREE daily email newsletter.