Somewhat Positive Media Coverage Somewhat Unlikely to Affect Endurance International Group Holdings (EIGI) Stock Price
News headlines about Endurance International Group Holdings (NASDAQ:EIGI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Endurance International Group Holdings earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 46.142279065897 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Endurance International Group H (NASDAQ:EIGI) Stock Traded -6.0% Below Its 50 Day Average (highlightpress.com)
- Endurance International Group Holdings, Inc. (EIGI) Given Average Rating of “Sell” by Analysts (americanbankingnews.com)
- Zacks: Brokerages Expect Endurance International Group Holdings, Inc. (EIGI) Will Announce Quarterly Sales of $292.34 Million (americanbankingnews.com)
- Endurance International Group Holdings, Inc. (EIGI) Expected to Post Earnings of -$0.17 Per Share (americanbankingnews.com)
Shares of Endurance International Group Holdings (NASDAQ EIGI) traded up 1.33% on Monday, reaching $7.60. The company’s stock had a trading volume of 341,263 shares. Endurance International Group Holdings has a 1-year low of $6.20 and a 1-year high of $9.85. The stock’s market cap is $1.09 billion. The company’s 50 day moving average is $7.93 and its 200-day moving average is $7.97.
Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, August 1st. The software maker reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by $0.11. The firm had revenue of $292.26 million during the quarter, compared to the consensus estimate of $289.40 million. Endurance International Group Holdings had a negative net margin of 12.05% and a negative return on equity of 122.84%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.21) earnings per share. On average, equities analysts predict that Endurance International Group Holdings will post ($0.87) earnings per share for the current fiscal year.
Several equities research analysts recently issued reports on EIGI shares. Jefferies Group LLC reissued a “buy” rating and issued a $10.50 price objective on shares of Endurance International Group Holdings in a research note on Friday, June 23rd. Cantor Fitzgerald reissued a “hold” rating on shares of Endurance International Group Holdings in a research note on Monday, June 26th. Zacks Investment Research downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub raised Endurance International Group Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, SunTrust Banks, Inc. started coverage on Endurance International Group Holdings in a research note on Tuesday, August 15th. They issued a “hold” rating and a $8.00 price objective for the company. Six equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Endurance International Group Holdings has an average rating of “Sell” and an average price target of $7.92.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.dailypolitical.com/2017/09/11/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-endurance-international-group-holdings-eigi-stock-price.html.
In other news, insider John Orlando sold 8,531 shares of the business’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 11,893 shares of company stock worth $95,734. Corporate insiders own 58.20% of the company’s stock.
Endurance International Group Holdings 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 MarketBeat.com's FREE daily email newsletter.