Equities research analysts expect Endurance International Group Holdings Inc (NASDAQ:EIGI) to announce earnings per share (EPS) of ($0.03) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Endurance International Group’s earnings, with the highest EPS estimate coming in at $0.00 and the lowest estimate coming in at ($0.07). Endurance International Group posted earnings per share of ($0.05) during the same quarter last year, which indicates a positive year over year growth rate of 40%. The firm is scheduled to issue its next earnings results on Tuesday, May 7th.
According to Zacks, analysts expect that Endurance International Group will report full-year earnings of ($0.02) per share for the current financial year, with EPS estimates ranging from ($0.10) to $0.03. For the next fiscal year, analysts expect that the firm will report earnings of $0.03 per share, with EPS estimates ranging from $0.01 to $0.04. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Endurance International Group.
Endurance International Group (NASDAQ:EIGI) last released its quarterly earnings data on Thursday, February 7th. The software maker reported $0.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.12. Endurance International Group had a negative return on equity of 1.68% and a negative net margin of 0.23%. The company had revenue of $282.40 million during the quarter, compared to the consensus estimate of $283.21 million. During the same quarter in the prior year, the firm posted $0.05 earnings per share. The firm’s revenue was down 4.0% compared to the same quarter last year.
Several research firms have recently issued reports on EIGI. BidaskClub downgraded Endurance International Group from a “sell” rating to a “strong sell” rating in a research note on Wednesday, February 20th. Zacks Investment Research downgraded Endurance International Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Endurance International Group currently has a consensus rating of “Hold” and a consensus target price of $10.00.
Shares of Endurance International Group stock traded up $0.07 on Friday, hitting $6.81. The stock had a trading volume of 452,293 shares, compared to its average volume of 411,770. Endurance International Group has a twelve month low of $5.87 and a twelve month high of $10.95. The company has a debt-to-equity ratio of 10.15, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market capitalization of $980.54 million, a P/E ratio of 227.00 and a beta of 1.29.
In other Endurance International Group news, CFO Marc Montagner sold 7,851 shares of the stock in a transaction that occurred on Monday, February 11th. The shares were sold at an average price of $7.55, for a total transaction of $59,275.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 50.80% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in EIGI. American Century Companies Inc. increased its position in Endurance International Group by 70.3% during the 3rd quarter. American Century Companies Inc. now owns 749,897 shares of the software maker’s stock valued at $6,599,000 after purchasing an additional 309,460 shares during the period. SG Americas Securities LLC increased its position in Endurance International Group by 211.4% during the 3rd quarter. SG Americas Securities LLC now owns 148,337 shares of the software maker’s stock valued at $1,305,000 after purchasing an additional 100,699 shares during the period. JPMorgan Chase & Co. increased its position in Endurance International Group by 1,795.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 270,186 shares of the software maker’s stock valued at $2,378,000 after purchasing an additional 255,930 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Endurance International Group by 3.0% during the 3rd quarter. Prudential Financial Inc. now owns 453,430 shares of the software maker’s stock worth $3,990,000 after buying an additional 13,360 shares in the last quarter. Finally, Hartford Investment Management Co. bought a new position in shares of Endurance International Group during the 3rd quarter worth approximately $218,000. 91.76% of the stock is owned by institutional investors and hedge funds.
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 in the United States and internationally. 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 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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