Media coverage about Endurance International Group (NASDAQ:EIGI) has been trending positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Endurance International Group earned a news sentiment score of 0.29 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 47.9182841815151 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Endurance International Group opened at $9.15 on Monday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 12.77, a quick ratio of 0.42 and a current ratio of 0.42. Endurance International Group has a 12 month low of $6.95 and a 12 month high of $9.50. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of -11.73 and a beta of 1.81.
Endurance International Group (NASDAQ:EIGI) last released its quarterly earnings data on Tuesday, May 1st. The software maker reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.05. Endurance International Group had a negative return on equity of 85.30% and a negative net margin of 6.74%. The business had revenue of $291.36 million for the quarter, compared to analyst estimates of $290.84 million. During the same quarter in the prior year, the firm posted ($0.26) EPS. The business’s quarterly revenue was down .9% compared to the same quarter last year. sell-side analysts expect that Endurance International Group will post -0.1 earnings per share for the current year.
A number of equities research analysts recently commented on EIGI shares. BidaskClub upgraded Endurance International Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, February 22nd. Zacks Investment Research upgraded Endurance International Group from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Friday, May 4th. Morgan Stanley dropped their target price on Endurance International Group from $8.00 to $7.75 and set an “underweight” rating on the stock in a research report on Wednesday, February 14th. ValuEngine upgraded Endurance International Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, Goldman Sachs started coverage on Endurance International Group in a research report on Friday, March 23rd. They issued a “sell” rating and a $8.50 target price on the stock. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $8.43.
In other Endurance International Group news, insider John Orlando sold 73,706 shares of the company’s stock in a transaction that occurred on Thursday, May 3rd. The stock was sold at an average price of $8.49, for a total value of $625,763.94. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Marc Montagner sold 8,405 shares of the company’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $7.30, for a total value of $61,356.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 179,320 shares of company stock worth $1,396,746. Insiders own 50.80% of the company’s stock.
About Endurance International Group
Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. 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 with varying degrees of technical sophistication 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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