Endurance International Group Holdings Inc. (EIGI) Trading Up 1.8%
Endurance International Group Holdings Inc. (NASDAQ:EIGI)’s share price was up 1.8% on Monday . The company traded as high as $7.97 and last traded at $7.92, with a volume of 357,066 shares traded. The stock had previously closed at $7.78.
A number of equities analysts recently weighed in on EIGI shares. Jefferies Group restated a “buy” rating and set a $9.50 price target on shares of Endurance International Group Holdings in a research report on Monday, August 15th. Credit Suisse Group AG restated a “buy” rating and set a $18.00 price target on shares of Endurance International Group Holdings in a research report on Wednesday, May 4th. TheStreet upgraded shares of Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Zacks Investment Research upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Finally, Deutsche Bank AG lowered their price target on shares of Endurance International Group Holdings from $12.00 to $8.00 and set a “hold” rating on the stock in a research report on Wednesday, August 3rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Endurance International Group Holdings currently has an average rating of “Hold” and an average price target of $13.06.
The company’s market cap is $1.14 billion. The stock’s 50 day moving average price is $8.27 and its 200-day moving average price is $9.39.
Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by $0.36. During the same quarter in the prior year, the company posted ($0.02) EPS. The company had revenue of $290.70 million for the quarter, compared to analyst estimates of $299.63 million. The firm’s quarterly revenue was up 60.4% on a year-over-year basis. On average, analysts anticipate that Endurance International Group Holdings Inc. will post ($0.43) earnings per share for the current fiscal year.
In other Endurance International Group Holdings news, Director Chandler Reedy purchased 363,000 shares of the company’s stock in a transaction on Friday, August 19th. The shares were purchased at an average cost of $7.68 per share, for a total transaction of $2,787,840.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director James Neary purchased 666,000 shares of the company’s stock in a transaction on Monday, August 8th. The stock was acquired at an average price of $6.86 per share, for a total transaction of $4,568,760.00. The disclosure for this purchase can be found here.
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 serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.
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