Cantor Fitzgerald began coverage on shares of Endurance International Group Holdings Inc. (NASDAQ:EIGI) in a research report sent to investors on Tuesday. The brokerage issued a hold rating and a $9.00 target price on the stock.

“Endurance International Receives a Hold from Cantor Fitzgerald | Analyst Ratings

window._wpemojiSettings = {“baseUrl”:”https:\/\/s.w.org\/images\/core\/emoji\/72×72\/”,”ext”:”.png”,”source”:{“concatemoji”:”http:\/\/www.analystratings.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.5.4″}};
!function(a,b,c){function d(a){var c,d,e,f=b.createElement(“canvas”),g=f.getContext&&f.getContext(“2d”),h=String.fromCharCode;if(!g||!g.fillText)return!1;switch(g.textBaseline=”top”,g.font=”600 32px Arial”,a){case”flag”:return g.fillText(h(55356,56806,55356,56826),0,0),f.toDataURL().length>3e3;case”diversity”:return g.fillText(h(55356,57221),0,0),c=g.getImageData(16,16,1,1).data,d=c[0]+”,”+c[1]+”,”+c[2]+”,”+c[3],g.fillText(h(55356,57221,55356,57343),0,0),c=g.getImageData(16,16,1,1).data,e=c[0]+”,”+c[1]+”,”+c[2]+”,”+c[3],d!==e;case”simple”:return g.fillText(h(55357,56835),0,0),0!==g.getImageData(16,16,1,1).data[0];case”unicode8″:return g.fillText(h(55356,57135),0,0),0!==g.getImageData(16,16,1,1).data[0]}return!1}function e(a){var c=b.createElement(“script”);c.src=a,c.type=”text/javascript”,b.getElementsByTagName(“head”)[0].appendChild(c)}var f,g,h,i;for(i=Array(“simple”,”flag”,”unicode8″,”diversity”),c.supports={everything:!0,everythingExceptFlag:!0},h=0;h

var sampling_active = 0;
var sampling_rate = 100;
var do_request = false;

if ( !sampling_active ) {
do_request = true;
} else {
var num = Math.floor(Math.random() * sampling_rate) + 1;
do_request = ( 1 === num );
}

if ( do_request ) {

/* Create XMLHttpRequest object and set variables */
var xhr = ( window.XMLHttpRequest )
? new XMLHttpRequest()
: new ActiveXObject( “Microsoft.XMLHTTP” ),
url = ‘https://www.analystratings.com/wp-admin/admin-ajax.php’,
params = ‘action=update_views_ajax&token=bb75c29ece&wpp_id=456558’;
/* Set request method and target URL */
xhr.open( “POST”, url, true );
/* Set request header */
xhr.setRequestHeader( “Content-type”, “application/x-www-form-urlencoded” );
/* Hook into onreadystatechange */
xhr.onreadystatechange = function() {
if ( 4 === xhr.readyState && 200 === xhr.status ) {
if ( window.console && window.console.log ) {
window.console.log( xhr.responseText );
}
}
};
/* Send request */
xhr.send( params );

}

(function(i,s,o,g,r,a,m){i[‘GoogleAnalyticsObject’]=r;i[r]=i[r]||function(){
(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),
m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)
})(window,document,’script’,’//www.google-analytics.com/analytics.js’,’ga’);
ga(‘create’, ‘UA-55014446-1’, ‘auto’);
ga(‘send’, ‘pageview’);

window.$ = jQuery;

–>

Stock Market
Best Performing Analysts
Sectors

Basic Materials
Consumer Goods
Financial
Healthcare
Industrial Goods
Services
Technology
Utilities

Most Popular
Contact Us

Home » Endurance International Receives a Hold from Cantor Fitzgerald,” the firm’s analyst commented.

Other equities analysts also recently issued research reports about the company. Deutsche Bank AG cut their price objective on Endurance International Group Holdings from $12.00 to $8.00 and set a hold rating for the company in a research report on Wednesday, August 3rd. Morgan Stanley set a $9.00 price objective on Endurance International Group Holdings and gave the company a hold rating in a research report on Friday, August 19th. Jefferies Group reiterated a buy rating and issued a $17.00 price objective on shares of Endurance International Group Holdings in a research report on Monday, July 18th. Wells Fargo & Co. downgraded Endurance International Group Holdings from an outperform rating to a market perform rating in a research report on Wednesday, August 3rd. Finally, Zacks Investment Research upgraded Endurance International Group Holdings from a strong sell rating to a hold rating in a research report on Tuesday, July 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $12.61.

Shares of Endurance International Group Holdings (NASDAQ:EIGI) remained flat at $8.00 during midday trading on Tuesday. The company’s stock had a trading volume of 109,938 shares. The firm has a 50-day moving average price of $8.45 and a 200 day moving average price of $8.91. The firm’s market capitalization is $1.13 billion. Endurance International Group Holdings has a 1-year low of $6.55 and a 1-year high of $15.48.

Endurance International Group Holdings (NASDAQ:EIGI) last posted its earnings results on Tuesday, August 2nd. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.36. The company had revenue of $290.70 million for the quarter, compared to the consensus estimate of $299.63 million. Endurance International Group Holdings had a positive return on equity of 36.84% and a negative net margin of 3.39%. Endurance International Group Holdings’s quarterly revenue was up 60.4% compared to the same quarter last year. During the same quarter last year, the business earned ($0.02) EPS. On average, analysts expect that Endurance International Group Holdings will post ($0.43) earnings per share for the current fiscal year.

In other news, Director Chandler Reedy purchased 363,000 shares of the business’s stock in a transaction dated Friday, August 19th. The shares were bought at an average cost of $7.68 per share, for a total transaction of $2,787,840.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Warburg Pincus X. Partners, L.P purchased 209,300 shares of the business’s stock in a transaction dated Tuesday, October 4th. The stock was purchased at an average price of $8.65 per share, for a total transaction of $1,810,445.00. The disclosure for this purchase can be found here. 56.50% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of EIGI. BlackRock Institutional Trust Company N.A. raised its stake in shares of Endurance International Group Holdings by 3.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,549,002 shares of the company’s stock worth $16,311,000 after buying an additional 54,255 shares during the period. Menta Capital LLC raised its stake in shares of Endurance International Group Holdings by 56.0% in the first quarter. Menta Capital LLC now owns 25,360 shares of the company’s stock worth $267,000 after buying an additional 9,100 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of Endurance International Group Holdings during the first quarter worth approximately $221,000. Granahan Investment Management Inc. MA raised its stake in shares of Endurance International Group Holdings by 10.6% in the first quarter. Granahan Investment Management Inc. MA now owns 384,237 shares of the company’s stock worth $4,046,000 after buying an additional 36,760 shares during the period. Finally, Barclays PLC raised its stake in shares of Endurance International Group Holdings by 323.9% in the first quarter. Barclays PLC now owns 84,787 shares of the company’s stock worth $848,000 after buying an additional 64,787 shares during the period. Institutional investors own 90.34% of the company’s stock.

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 serves approximately 4.7 million subscribers across the globe with an integrated suite of over 150 products and services.

5 Day Chart for NASDAQ:EIGI

Receive News & Stock 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 stocks with our FREE daily email newsletter.