Analysts expect that Endurance International Group Holdings, Inc. (NASDAQ:EIGI) will post $289.69 million in sales for the current quarter, according to Zacks. Four analysts have provided estimates for Endurance International Group Holdings’ earnings, with the lowest sales estimate coming in at $289.00 million and the highest estimate coming in at $290.42 million. Endurance International Group Holdings reported sales of $292.12 million in the same quarter last year, which would suggest a negative year over year growth rate of 0.8%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 15th.

According to Zacks, analysts expect that Endurance International Group Holdings will report full year sales of $289.69 million for the current financial year. For the next year, analysts forecast that the business will post sales of $1.17 billion per share, with estimates ranging from $1.16 billion to $1.18 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Endurance International Group Holdings.

Endurance International Group Holdings (NASDAQ:EIGI) last posted its quarterly earnings results on Tuesday, October 31st. The software maker reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.13). Endurance International Group Holdings had a negative return on equity of 145.17% and a negative net margin of 12.74%. The business had revenue of $295.20 million for the quarter, compared to analysts’ expectations of $290.45 million. During the same period in the prior year, the business posted ($0.24) earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Jefferies Group LLC lifted their target price on shares of Endurance International Group Holdings from $5.00 to $6.00 and gave the company an “underperform” rating in a report on Wednesday, November 1st. SunTrust Banks, Inc. assumed coverage on shares of Endurance International Group Holdings in a report on Tuesday, August 15th. They set a “hold” rating and a $8.00 target price for the company. Finally, BidaskClub lowered shares of Endurance International Group Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Six research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The company has a consensus rating of “Sell” and an average price target of $7.70.

Endurance International Group Holdings (NASDAQ EIGI) traded down $0.05 on Thursday, reaching $8.15. 686,157 shares of the company’s stock were exchanged, compared to its average volume of 680,726. Endurance International Group Holdings has a 12 month low of $6.20 and a 12 month high of $9.85. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 23.75.

In related news, insider John Orlando sold 8,531 shares of Endurance International Group Holdings stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $7.85, for a total value of $66,968.35. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Marc Montagner sold 10,229 shares of Endurance International Group Holdings stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $7.62, for a total transaction of $77,944.98. The disclosure for this sale can be found here. Insiders sold a total of 31,418 shares of company stock worth $244,220 in the last three months. 58.20% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in Endurance International Group Holdings by 14.3% during the 1st quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock worth $438,000 after purchasing an additional 7,011 shares during the last quarter. Mitra Capital LLC acquired a new stake in Endurance International Group Holdings during the 2nd quarter worth $1,032,000. Gotham Asset Management LLC boosted its stake in Endurance International Group Holdings by 33.8% during the 2nd quarter. Gotham Asset Management LLC now owns 52,987 shares of the software maker’s stock worth $442,000 after purchasing an additional 13,387 shares during the last quarter. Credit Suisse AG boosted its stake in Endurance International Group Holdings by 375.4% during the 1st quarter. Credit Suisse AG now owns 266,510 shares of the software maker’s stock worth $2,093,000 after purchasing an additional 210,449 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in Endurance International Group Holdings by 48.3% during the 1st quarter. Tudor Investment Corp ET AL now owns 38,437 shares of the software maker’s stock worth $302,000 after purchasing an additional 12,525 shares during the last quarter. 86.55% of the stock is currently owned by institutional investors.

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Endurance International Group Holdings Company Profile

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

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