Endurance International Group Holdings Inc. (NASDAQ:EIGI) shares traded down 2.7% during trading on Thursday . The company traded as low as $8.73 and last traded at $8.74, with a volume of 334,498 shares changing hands. The stock had previously closed at $8.98.

A number of research analysts have recently commented on the stock. TheStreet upgraded shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Jefferies Group restated a “buy” rating on shares of Endurance International Group Holdings in a research report on Monday, July 11th. Morgan Stanley began coverage on shares of Endurance International Group Holdings in a research report on Monday, March 28th. They issued an “equal weight” rating and a $12.00 target price for the company. Credit Suisse Group AG reiterated a “buy” rating and issued a $18.00 target price on shares of Endurance International Group Holdings in a research report on Wednesday, May 4th. Finally, Zacks Investment Research lowered shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $14.63.

The firm’s market capitalization is $1.22 billion. The firm has a 50 day moving average of $9.00 and a 200-day moving average of $9.71.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.11. The business had revenue of $237.10 million for the quarter, compared to analyst estimates of $250.60 million. The company’s revenue for the quarter was up 41.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.01 EPS. On average, analysts anticipate that Endurance International Group Holdings Inc. will post $1.66 EPS for the current fiscal year.

Other hedge funds have recently made changes to their positions in the company. Oxford Asset Management purchased a new stake in shares of Endurance International Group Holdings during the fourth quarter valued at approximately $1,100,000. California State Teachers Retirement System increased its stake in shares of Endurance International Group Holdings by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 108,641 shares of the company’s stock valued at $1,187,000 after buying an additional 1,985 shares during the last quarter. Pembroke Management LTD increased its stake in shares of Endurance International Group Holdings by 5.1% in the fourth quarter. Pembroke Management LTD now owns 1,423,465 shares of the company’s stock valued at $15,558,000 after buying an additional 69,400 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of Endurance International Group Holdings by 22.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,613,501 shares of the company’s stock valued at $28,566,000 after buying an additional 484,879 shares during the last quarter.

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. Leveraging the Company’s technology platform, it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online, get found and grow their businesses.

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