Endurance International Group (NASDAQ: EIGI) downgraded through Zacks Investment Research from a “buy” score to a “hold” score on a study note issued to investors on Friday, Zacks.com reports.
According to Zacks, “Endurance International Group Holdings, Inc. is a provider of cloud-based responses. Their answers are designed to help small and medium-sized businesses. The company’s products come with the design and creation of an initial website, email and business responses and offers such as scalable and on-demand computing, security, garage and bandwidth, online marketing, mobile and productivity responses, Internet presence and commercial offerings. Fix IT resources and security offerings, marketing responses, and productivity tools. Endurance International Group Holdings, Inc. is headquartered in Burlington, Massachusetts.”
The EIGI has been the subject of several other reports. TheStreet stepped forward for Endurance International Group from a “d” score to a “c” in a report on Thursday, July 30. ValuEngine lowered Endurance International Group from a “buy” score to a “hold” score on a study note on Thursday, July 2. Credit Suisse Group reduced its value target at Endurance International Group from $9.00 to $8.00 and set a “superior performance” score on inventory in a Report on Friday, May 1. SunTrust Banks reduced its value target at Endurance International Group from $6.00 to $5.00 and set a “retention” score for the company in a report on Friday, May 1. Finally, BidaskClub improved Endurance International Group’s inventories from a “buy” score to a “strong purchase” in a report on Friday, July 17. Three investment analysts rated inventory with a retention score, one issued a purchase note, and another gave inventory a higher purchase mark. Lately, inventory has an average “Buy” score and an average target value of $6.50.
EIGI opened at $5.64 on Friday. Endurance International Group has a minimum of 12 months of $1.31 and a maximum of 12 months of $6.69. The company has a 50-day moving average of $4.94 and a two-hundred-day moving average of $3.67. The Company has a debt ratio of 8.93, an existing ratio of 0.48 and a ratio of 0.48. The inventory has a market capitalization of $839.89 million, a price-to-earnings ratio of $43.39 and a beta of $2.23 million.
Endurance International Group (NASDAQ: EIGI) last reported its effects on Thursday, July 30. The software manufacturer reported consistent gains with a consistent percentage (EPS) of $0.03 for the quarter, exceeding Thomson Reuters’ consensus estimate of $0.01 consistent with $0.02. Endurance International Group had a net margin of 1.79% and a negative return to equity of 2.41%. The company reported earnings of $273.99 million for the quarter, with $274.31 million expected through analysts. Equity analysts expect Endurance International Group to record earnings of 0.04 consistent with a consistent percentage for the current year.
In addition, CMO John Orlando sold 15,003 shares of the company in a transaction on Monday, August 3. The shares were sold at an average value of $5.62 for a total cost of $84,316.86. The sale was revealed in a filing with the Securities and Exchange Commission, which can be obtained on the SEC’s website. In addition, chief operating officer Kimberly Simone sold 20,230 shares of the company in a transaction on Monday, August 3. The shares were sold at an average value of $5.62 for a total transaction of $113,692.60. Disclosure of this sale can be found here. Insiders sold 55,498 shares of the company at a cost of $311,547 over the more than 90 days. The company’s initiates own 50.60% of the company’s shares.
Coverage budgets have recently replaced your stakes in the company. BDO Wealth Advisors LLC acquired a new position in Endurance International Group in the first quarter valued at approximately $54,000. Engineers Gate Manager LP acquired a new position in Group International Group inventories in the first quarter valued at approximately $248,000. Two Sigma Investments LP increased its stake in Endurance International Group to 390.4% in the first quarter. Two Sigma Investments LP now owns 145,678 inventories from software manufacturer worth $281,000 after buying another 115,973 inventories in the last quarter. Nuveen Asset Management LLC increased its stake in Endurance International Group by 4.7% in the first quarter. Nuveen Asset Management LLC now has 278,150 inventories of software manufacturer inventory valued at $537,000 after purchasing another 12,431 inventories in the last quarter. Finally, Citigroup Inc. increased its stakes in Endurance International Group to 55.5% in the first quarter. Citigroup Inc. now has 22,661 software manufacturer inventories worth $44,000 after purchasing another 8,091 inventories in the last quarter. The hedging budget and other institutional investors own 83.65% of the company’s inventories.
Endurance International Group profile
Endurance International Group Holdings, Inc., with its subsidiaries, provides cloud-based platform responses for small and medium-sized enterprises in the U.S. And abroad. The company operates in 3 segments: Web Presence, Domain and Email Marketing. Provides Internet hosting services, adding entry-level shared hosting, a virtual personal server, and compromised hosting responses; Website creation team that allows subscribers to create an Internet presence; domain registration, control and resale services; The malware shield responds to protect Internet sites from virus subscribers, malicious code and other threats; and backup responses that allow subscribers to plan, maintain, manage, and repair backups of their online knowledge and Internet sites.
Additional readings: Oversale
Get a loose copy of Zacks’s Endurance International Group (EIGI) report
To learn more about Zacks Investment Research’s study offerings, Zacks.com
Evotec Action Assessment (OTCMKTS: EVTCY) enhanced through Zacks Investment Research
U.S. Ecology Rating (NASDAQ: ECOL) cuts to Zacks Investment Research