Zacks: Analysts Anticipate Endurance International Group Holdings Inc (NASDAQ:EIGI) to Announce -$0.10 EPS

Brokerages expect Endurance International Group Holdings Inc (NASDAQ:EIGI) to announce earnings per share of ($0.10) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Endurance International Group’s earnings. Endurance International Group reported earnings of $0.09 per share in the same quarter last year, which would suggest a negative year over year growth rate of 211.1%. The company is scheduled to issue its next earnings report on Thursday, February 6th.

On average, analysts expect that Endurance International Group will report full-year earnings of ($0.26) per share for the current fiscal year, with EPS estimates ranging from ($0.26) to ($0.25). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.05) per share, with EPS estimates ranging from ($0.09) to ($0.01). Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Endurance International Group.

Endurance International Group (NASDAQ:EIGI) last posted its quarterly earnings data on Thursday, October 31st. The software maker reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. The business had revenue of $277.20 million during the quarter, compared to analyst estimates of $279.51 million. Endurance International Group had a negative net margin of 0.82% and a positive return on equity of 13.20%. The company’s revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.04) earnings per share.

EIGI has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Endurance International Group from a “hold” rating to a “sell” rating in a research note on Monday, November 4th. SunTrust Banks set a $5.50 price target on Endurance International Group and gave the stock a “hold” rating in a research note on Friday, November 1st. ValuEngine upgraded Endurance International Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, BidaskClub downgraded Endurance International Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock has an average rating of “Hold” and an average target price of $7.00.

In other news, COO Barry Christine Timmins sold 6,787 shares of the company’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $3.84, for a total transaction of $26,062.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Marc Montagner sold 9,637 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $5.54, for a total value of $53,388.98. The disclosure for this sale can be found here. Corporate insiders own 50.60% of the company’s stock.

A number of hedge funds have recently bought and sold shares of EIGI. Okumus Fund Management Ltd. increased its stake in Endurance International Group by 20.2% during the second quarter. Okumus Fund Management Ltd. now owns 14,533,400 shares of the software maker’s stock worth $69,760,000 after acquiring an additional 2,441,502 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Endurance International Group by 43.3% during the 2nd quarter. First Trust Advisors LP now owns 9,993,429 shares of the software maker’s stock worth $47,968,000 after purchasing an additional 3,017,718 shares during the period. Vanguard Group Inc. increased its position in Endurance International Group by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 6,896,775 shares of the software maker’s stock worth $33,105,000 after purchasing an additional 197,273 shares in the last quarter. BlackRock Inc. increased its position in Endurance International Group by 2.0% during the 2nd quarter. BlackRock Inc. now owns 5,022,370 shares of the software maker’s stock worth $24,106,000 after purchasing an additional 98,164 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Endurance International Group by 6.6% in the second quarter. Renaissance Technologies LLC now owns 3,252,979 shares of the software maker’s stock valued at $15,614,000 after buying an additional 201,500 shares during the period. 88.10% of the stock is owned by hedge funds and other institutional investors.

NASDAQ EIGI traded down $0.06 during mid-day trading on Friday, reaching $4.05. 5,940 shares of the stock were exchanged, compared to its average volume of 559,465. Endurance International Group has a 1-year low of $3.51 and a 1-year high of $8.88. The business’s fifty day simple moving average is $4.05 and its 200 day simple moving average is $4.51. The stock has a market capitalization of $598.80 million, a PE ratio of 135.17 and a beta of 1.26. The company has a debt-to-equity ratio of 10.02, a quick ratio of 0.44 and a current ratio of 0.44.

Endurance International Group Company Profile

Endurance International Group Holdings, Inc, together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. 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 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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Earnings History and Estimates for Endurance International Group (NASDAQ:EIGI)

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