Endurance International Group Holdings Inc (NASDAQ:EIGI) shares saw strong trading volume on Monday . 1,405,406 shares traded hands during trading, an increase of 325% from the previous session’s volume of 330,567 shares.The stock last traded at $8.40 and had previously closed at $8.05.

A number of research analysts have issued reports on the company. Zacks Investment Research lowered Endurance International Group from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Oppenheimer reduced their price target on Endurance International Group from $12.00 to $9.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. Morgan Stanley reduced their price target on Endurance International Group from $8.00 to $7.75 and set an “underweight” rating for the company in a research report on Wednesday, February 14th. BidaskClub upgraded Endurance International Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, February 22nd. Finally, Credit Suisse Group reduced their price target on Endurance International Group from $10.00 to $9.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $8.13.

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The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 22.48. The stock has a market capitalization of $1,189.59, a PE ratio of -10.44 and a beta of 1.88.

Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.15) by $0.20. The business had revenue of $294.25 million during the quarter, compared to analyst estimates of $289.22 million. Endurance International Group had a negative return on equity of 130.24% and a negative net margin of 9.12%. The company’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.26) earnings per share. equities research analysts predict that Endurance International Group Holdings Inc will post -0.19 earnings per share for the current year.

Institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in shares of Endurance International Group by 5.5% in the third quarter. Bank of New York Mellon Corp now owns 256,416 shares of the software maker’s stock valued at $2,102,000 after buying an additional 13,381 shares during the period. Okumus Fund Management Ltd. lifted its holdings in shares of Endurance International Group by 33.2% in the third quarter. Okumus Fund Management Ltd. now owns 12,200,027 shares of the software maker’s stock valued at $100,040,000 after buying an additional 3,042,561 shares during the period. First Trust Advisors LP lifted its holdings in shares of Endurance International Group by 3.4% in the fourth quarter. First Trust Advisors LP now owns 4,743,982 shares of the software maker’s stock valued at $39,849,000 after buying an additional 157,922 shares during the period. Alambic Investment Management L.P. lifted its holdings in shares of Endurance International Group by 8.3% in the fourth quarter. Alambic Investment Management L.P. now owns 169,000 shares of the software maker’s stock valued at $1,420,000 after buying an additional 12,900 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Endurance International Group by 206.3% in the third quarter. Dimensional Fund Advisors LP now owns 439,559 shares of the software maker’s stock valued at $3,604,000 after buying an additional 296,037 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

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About Endurance International Group

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.

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