Endurance International Group Holdings, Inc. (NASDAQ:EIGI)‘s stock had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc. in a report issued on Friday. They presently have a $8.00 price objective on the software maker’s stock. SunTrust Banks, Inc.’s price objective indicates a potential downside of 10.61% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Jefferies Group LLC reissued a “sell” rating and issued a $5.00 target price on shares of Endurance International Group Holdings in a research note on Thursday, September 28th. Zacks Investment Research raised Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Finally, BidaskClub lowered Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Five investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The stock has a consensus rating of “Sell” and an average price target of $7.70.

Shares of Endurance International Group Holdings (NASDAQ EIGI) traded up $0.10 during mid-day trading on Friday, reaching $8.95. The company’s stock had a trading volume of 345,035 shares, compared to its average volume of 601,346. The company has a debt-to-equity ratio of 31.15, a current ratio of 0.33 and a quick ratio of 0.33. Endurance International Group Holdings has a 52-week low of $6.20 and a 52-week high of $9.85.

Endurance International Group Holdings (NASDAQ:EIGI) last issued its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.13). Endurance International Group Holdings had a negative return on equity of 161.36% and a negative net margin of 12.74%. The firm had revenue of $295.20 million for the quarter, compared to the consensus estimate of $290.45 million. During the same period last year, the firm earned ($0.24) EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. equities research analysts anticipate that Endurance International Group Holdings will post -1 earnings per share for the current fiscal year.

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In other news, CFO Marc Montagner sold 6,877 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $7.55, for a total value of $51,921.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 22,887 shares of company stock valued at $177,251. 58.20% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in Endurance International Group Holdings by 14.3% during the 1st quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock valued at $438,000 after purchasing an additional 7,011 shares during the last quarter. Mitra Capital LLC bought a new position in Endurance International Group Holdings during the 2nd quarter valued at approximately $1,032,000. Gotham Asset Management LLC raised its position in Endurance International Group Holdings by 33.8% during the 2nd quarter. Gotham Asset Management LLC now owns 52,987 shares of the software maker’s stock valued at $442,000 after purchasing an additional 13,387 shares during the last quarter. Credit Suisse AG raised its position in Endurance International Group Holdings by 375.4% during the 1st quarter. Credit Suisse AG now owns 266,510 shares of the software maker’s stock valued at $2,093,000 after purchasing an additional 210,449 shares during the last quarter. Finally, Tudor Investment Corp ET AL raised its position in Endurance International Group Holdings by 48.3% during the 1st quarter. Tudor Investment Corp ET AL now owns 38,437 shares of the software maker’s stock valued at $302,000 after purchasing an additional 12,525 shares during the last quarter. 86.25% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Endurance International Group Holdings (NASDAQ:EIGI)

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