Endurance International Group Holdings Inc. (NASDAQ:EIGI) – Analysts at Oppenheimer Holdings cut their FY2016 EPS estimates for Endurance International Group Holdings in a research report issued on Wednesday. Oppenheimer Holdings analyst J. Helfstein now anticipates that the brokerage will post earnings of ($0.57) per share for the year, down from their prior estimate of ($0.45). Oppenheimer Holdings also issued estimates for Endurance International Group Holdings’ Q4 2016 earnings at ($0.29) EPS, Q1 2017 earnings at ($0.31) EPS, Q2 2017 earnings at ($0.26) EPS, Q3 2017 earnings at ($0.20) EPS, Q4 2017 earnings at ($0.19) EPS and FY2017 earnings at ($0.97) EPS.

Other equities analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Endurance International Group Holdings from a “strong sell” rating to a “hold” rating in a report on Friday. Deutsche Bank AG lowered their target price on shares of Endurance International Group Holdings from $12.00 to $8.00 and set a “hold” rating on the stock in a report on Wednesday, August 3rd. Morgan Stanley set a $9.00 target price on shares of Endurance International Group Holdings and gave the stock a “hold” rating in a report on Friday, August 19th. Jefferies Group restated a “buy” rating and set a $17.00 target price on shares of Endurance International Group Holdings in a report on Monday, July 18th. Finally, Wells Fargo & Co. downgraded shares of Endurance International Group Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $12.07.

Earnings History and Estimates for Endurance International Group Holdings (NASDAQ:EIGI)

Endurance International Group Holdings (NASDAQ:EIGI) opened at 7.25 on Friday. The company’s market capitalization is $1.02 billion. The company’s 50-day moving average is $7.98 and its 200 day moving average is $8.53. Endurance International Group Holdings has a one year low of $6.55 and a one year high of $14.38.

Endurance International Group Holdings (NASDAQ:EIGI) last released its quarterly earnings data on Tuesday, November 1st. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.02. Endurance International Group Holdings had a positive return on equity of 18.29% and a negative net margin of 4.66%. The business had revenue of $291.20 million for the quarter, compared to the consensus estimate of $283.12 million. During the same period in the previous year, the business posted ($0.12) earnings per share. Endurance International Group Holdings’s revenue was up 54.5% on a year-over-year basis.

In other Endurance International Group Holdings news, Director Chandler Reedy purchased 363,000 shares of the firm’s stock in a transaction that occurred on Friday, August 19th. The shares were acquired at an average cost of $7.68 per share, for a total transaction of $2,787,840.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald Lasalvia sold 3,205 shares of the company’s stock in a transaction dated Thursday, October 27th. The shares were sold at an average price of $8.03, for a total transaction of $25,736.15. Following the completion of the transaction, the insider now owns 365,147 shares in the company, valued at $2,932,130.41. The disclosure for this sale can be found here. 56.50% of the stock is currently owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its position in Endurance International Group Holdings by 2.0% in the third quarter. Principal Financial Group Inc. now owns 11,639 shares of the company’s stock valued at $102,000 after buying an additional 227 shares during the period. KCG Holdings Inc. acquired a new position in Endurance International Group Holdings during the third quarter valued at approximately $171,000. BlackRock Group LTD increased its position in Endurance International Group Holdings by 4.9% in the third quarter. BlackRock Group LTD now owns 22,561 shares of the company’s stock valued at $197,000 after buying an additional 1,046 shares during the period. Acrospire Investment Management LLC boosted its stake in Endurance International Group Holdings by 49.7% in the second quarter. Acrospire Investment Management LLC now owns 22,900 shares of the company’s stock valued at $206,000 after buying an additional 7,600 shares in the last quarter. Finally, Cypress Wealth Advisors LLC purchased a new stake in Endurance International Group Holdings during the second quarter valued at $227,000. Institutional investors and hedge funds own 90.33% 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.