BidaskClub cut shares of Endurance International Group (NASDAQ:EIGI) from a strong-buy rating to a buy rating in a report released on Thursday.

Several other analysts have also weighed in on EIGI. Zacks Investment Research lowered Endurance International Group from a buy rating to a hold rating in a report on Wednesday, May 9th. ValuEngine raised Endurance International Group from a hold rating to a buy rating in a report on Monday, July 2nd. SunTrust Banks reaffirmed a hold rating and set a $8.00 target price on shares of Endurance International Group in a report on Thursday, July 26th. Finally, TheStreet raised Endurance International Group from a d+ rating to a c rating in a report on Friday, July 27th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Endurance International Group currently has a consensus rating of Hold and a consensus price target of $8.43.

Endurance International Group stock traded up $0.15 during midday trading on Thursday, hitting $9.50. The stock had a trading volume of 2,410 shares, compared to its average volume of 589,749. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 12.31. The firm has a market cap of $1.35 billion, a P/E ratio of -11.99 and a beta of 1.79. Endurance International Group has a 12 month low of $6.95 and a 12 month high of $10.95.

Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Thursday, July 26th. The software maker reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.03. The firm had revenue of $287.80 million during the quarter, compared to analyst estimates of $288.38 million. Endurance International Group had a negative return on equity of 38.34% and a negative net margin of 3.58%. Endurance International Group’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.29) earnings per share. equities research analysts anticipate that Endurance International Group will post -0.16 earnings per share for the current year.

Large investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Endurance International Group by 73.3% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 29,075 shares of the software maker’s stock valued at $289,000 after purchasing an additional 12,300 shares during the last quarter. UBS Group AG boosted its position in shares of Endurance International Group by 30.9% during the first quarter. UBS Group AG now owns 67,737 shares of the software maker’s stock worth $501,000 after buying an additional 16,008 shares during the period. Aperio Group LLC boosted its position in shares of Endurance International Group by 40.6% during the second quarter. Aperio Group LLC now owns 53,540 shares of the software maker’s stock worth $533,000 after buying an additional 15,447 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Endurance International Group during the first quarter worth approximately $105,000. Finally, American Century Companies Inc. acquired a new position in shares of Endurance International Group during the first quarter worth approximately $1,633,000. 90.91% of the stock is owned by institutional investors.

Endurance International Group Company Profile

Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools that enable subscribers with varying degrees of technical sophistication to create a Web presence; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites.

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Analyst Recommendations for Endurance International Group (NASDAQ:EIGI)

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