Endurance International Group Holdings Inc (NASDAQ:EIGI) has earned an average recommendation of “Hold” from the nine analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $8.81.

EIGI has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Endurance International Group from a “hold” rating to a “buy” rating in a research report on Friday, August 17th. BidaskClub downgraded shares of Endurance International Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 6th. Zacks Investment Research upgraded shares of Endurance International Group from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Tuesday, October 30th. TheStreet downgraded shares of Endurance International Group from a “c” rating to a “d+” rating in a research report on Friday, October 26th. Finally, SunTrust Banks restated a “hold” rating and set a $8.00 price objective on shares of Endurance International Group in a research report on Thursday, October 25th.

Shares of NASDAQ:EIGI traded down $0.13 during trading on Friday, reaching $8.29. 360,573 shares of the stock traded hands, compared to its average volume of 391,498. Endurance International Group has a 52-week low of $6.95 and a 52-week high of $10.95. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 11.46. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of -10.63 and a beta of 1.35.

Endurance International Group (NASDAQ:EIGI) last posted its quarterly earnings results on Thursday, October 25th. The software maker reported ($0.04) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.01. Endurance International Group had a negative net margin of 0.68% and a negative return on equity of 5.96%. The firm had revenue of $283.77 million for the quarter, compared to analysts’ expectations of $284.53 million. As a group, sell-side analysts anticipate that Endurance International Group will post -0.1 earnings per share for the current year.

In other Endurance International Group news, insider Barry Christine Timmins sold 22,863 shares of the stock in a transaction that occurred on Wednesday, October 17th. The shares were sold at an average price of $8.83, for a total value of $201,880.29. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Marc Montagner sold 9,424 shares of the stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $9.20, for a total transaction of $86,700.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,608 shares of company stock worth $291,348. 50.80% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Research Global Investors raised its position in Endurance International Group by 2.8% in the third quarter. Capital Research Global Investors now owns 8,123,677 shares of the software maker’s stock worth $71,488,000 after acquiring an additional 224,100 shares during the period. First Trust Advisors LP raised its position in Endurance International Group by 15.6% in the third quarter. First Trust Advisors LP now owns 7,527,601 shares of the software maker’s stock worth $66,243,000 after acquiring an additional 1,014,662 shares during the period. Vanguard Group Inc. raised its position in Endurance International Group by 4.3% in the third quarter. Vanguard Group Inc. now owns 6,304,932 shares of the software maker’s stock worth $55,484,000 after acquiring an additional 261,849 shares during the period. BlackRock Inc. raised its position in shares of Endurance International Group by 4.2% during the 3rd quarter. BlackRock Inc. now owns 4,835,478 shares of the software maker’s stock valued at $42,551,000 after purchasing an additional 193,309 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Endurance International Group by 5.1% during the 3rd quarter. Renaissance Technologies LLC now owns 3,436,579 shares of the software maker’s stock valued at $30,242,000 after purchasing an additional 165,206 shares during the period. Institutional investors and hedge funds own 91.29% 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.

Featured Article: What is a Fiduciary?

Analyst Recommendations for Endurance International Group (NASDAQ:EIGI)

Receive News & Ratings for Endurance International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endurance International Group and related companies with MarketBeat.com's FREE daily email newsletter.