Equities Analysts Offer Predictions for Endo International PLC’s FY2017 Earnings (ENDP)
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) – Analysts at Cantor Fitzgerald boosted their FY2017 EPS estimates for Endo International PLC in a report released on Sunday. Cantor Fitzgerald analyst L. Chen now expects that the company will post earnings of $3.64 per share for the year, up from their previous estimate of $3.35. Cantor Fitzgerald has a “Neutral” rating and a $7.00 price objective on the stock. Cantor Fitzgerald also issued estimates for Endo International PLC’s FY2018 earnings at $3.11 EPS.
Several other equities research analysts have also recently issued reports on the company. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Endo International PLC in a research note on Sunday, July 23rd. ValuEngine cut Endo International PLC from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised Endo International PLC from a “hold” rating to a “buy” rating and set a $9.75 price objective for the company in a research note on Wednesday, October 11th. Royal Bank Of Canada set a $9.00 target price on Endo International PLC and gave the company a “hold” rating in a report on Tuesday, October 17th. Finally, Mizuho reiterated a “buy” rating and issued a $14.00 target price (down from $19.00) on shares of Endo International PLC in a report on Tuesday, September 12th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $11.67.
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Shares of Endo International PLC (NASDAQ ENDP) opened at $7.24 on Wednesday. The company has a debt-to-equity ratio of 10.78, a quick ratio of 0.86 and a current ratio of 1.08. The stock has a market capitalization of $1,567.66, a price-to-earnings ratio of 1.45, a price-to-earnings-growth ratio of 1.91 and a beta of 0.53. Endo International PLC has a one year low of $5.77 and a one year high of $18.05.
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) last posted its earnings results on Thursday, November 9th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.06. The company had revenue of $786.90 million during the quarter, compared to analysts’ expectations of $794.93 million. Endo International PLC had a positive return on equity of 66.98% and a negative net margin of 126.97%. The firm’s quarterly revenue was down 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.01 earnings per share.
A number of hedge funds have recently bought and sold shares of the stock. Teachers Advisors LLC lifted its stake in Endo International PLC by 1.9% in the 2nd quarter. Teachers Advisors LLC now owns 840,470 shares of the company’s stock valued at $9,388,000 after buying an additional 15,928 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its stake in shares of Endo International PLC by 46.8% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 716,670 shares of the company’s stock worth $6,138,000 after purchasing an additional 228,426 shares during the period. TIAA CREF Investment Management LLC lifted its stake in shares of Endo International PLC by 1.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 649,535 shares of the company’s stock worth $7,255,000 after purchasing an additional 10,387 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Endo International PLC by 4.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 581,552 shares of the company’s stock worth $6,497,000 after purchasing an additional 27,414 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Endo International PLC by 93.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 565,240 shares of the company’s stock worth $6,314,000 after purchasing an additional 273,024 shares during the period. 90.50% of the stock is currently owned by hedge funds and other institutional investors.
About Endo International PLC
Endo International PLC, formerly Endo Health Solutions Inc is a specialty healthcare solutions company focused on branded and generic pharmaceuticals, devices and services. The Company has a portfolio of branded pharmaceuticals that includes brands, such as Lidoderm, Opana ER, Voltaren Gel, Percocet, Frova, Supprelin LA, Vantas, Valstar and Fortesta Gel.
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