Endurance International Group Holdings (EIGI) Given Daily Media Impact Rating of 0.14
Media stories about Endurance International Group Holdings (NASDAQ:EIGI) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive media 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 one, with scores nearest to one being the most favorable. Endurance International Group Holdings earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 45.7943581595149 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Endurance International Group Holdings (EIGI) traded up 0.64% on Friday, reaching $7.85. The company had a trading volume of 355,934 shares. The company has a 50-day moving average price of $7.66 and a 200-day moving average price of $7.92. Endurance International Group Holdings has a one year low of $6.20 and a one year high of $9.85. The firm’s market cap is $1.12 billion.
Endurance International Group Holdings (NASDAQ:EIGI) last released its earnings results on Tuesday, August 1st. The software maker reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.11). The firm had revenue of $292.26 million for the quarter, compared to the consensus estimate of $289.40 million. Endurance International Group Holdings had a negative return on equity of 122.84% and a negative net margin of 12.05%. The company’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.21) EPS. On average, analysts expect that Endurance International Group Holdings will post ($0.87) earnings per share for the current fiscal year.
Several research firms have recently issued reports on EIGI. BidaskClub cut Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research cut Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Jefferies Group LLC reissued a “buy” rating and issued a $10.50 price target 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. Finally, SunTrust Banks, Inc. began coverage on Endurance International Group Holdings in a research note on Tuesday, August 15th. They issued a “hold” rating and a $8.00 price target for the company. Six equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The stock has an average rating of “Sell” and an average target price of $7.92.
In other news, CFO Marc Montagner sold 6,877 shares of the business’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $7.55, for a total transaction of $51,921.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Orlando sold 8,531 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $7.85, for a total value of $66,968.35. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,403 shares of company stock valued at $212,035. 58.20% of the stock is currently owned by corporate insiders.
About Endurance International Group Holdings
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.