Endo International PLC (ENDP) PT Lowered to $7.00 at Cantor Fitzgerald
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) had its price objective trimmed by Cantor Fitzgerald from $9.00 to $7.00 in a report issued on Friday. The firm currently has a neutral rating on the stock.
Several other brokerages also recently commented on ENDP. Goldman Sachs Group, Inc. (The) started coverage on shares of Endo International PLC in a research report on Thursday, September 28th. They issued a sell rating and a $7.00 price target for the company. Royal Bank Of Canada reduced their price target on shares of Endo International PLC from $9.00 to $8.00 and set a sector perform rating for the company in a research report on Friday. Piper Jaffray Companies reiterated a hold rating and issued a $9.00 price objective on shares of Endo International PLC in a research note on Sunday, September 17th. Mizuho reiterated a buy rating and issued a $14.00 price objective (down previously from $19.00) on shares of Endo International PLC in a research note on Tuesday, September 12th. Finally, Oppenheimer Holdings, Inc. reiterated a hold rating on shares of Endo International PLC in a research note on Tuesday, August 8th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $11.67.
Shares of Endo International PLC (NASDAQ:ENDP) traded up $0.84 during trading hours on Friday, hitting $6.93. 12,136,900 shares of the company traded hands, compared to its average volume of 7,342,927. The company has a current ratio of 1.08, a quick ratio of 0.86 and a debt-to-equity ratio of 10.78. The stock has a market cap of $1,550.00, a P/E ratio of 1.43 and a beta of 0.53. Endo International PLC has a fifty-two week low of $5.77 and a fifty-two week high of $18.63.
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.06. The business had revenue of $786.90 million during the quarter, compared to the consensus estimate of $794.93 million. Endo International PLC had a negative net margin of 126.97% and a positive return on equity of 66.98%. The firm’s quarterly revenue was down 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.01 EPS. sell-side analysts predict that Endo International PLC will post 3.54 EPS for the current year.
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In other news, CFO Blaise Coleman acquired 6,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average cost of $7.89 per share, with a total value of $51,285.00. Following the acquisition, the chief financial officer now owns 13,729 shares in the company, valued at $108,321.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.50% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of ENDP. James Investment Research Inc. bought a new stake in shares of Endo International PLC during the 2nd quarter worth $113,000. Blair William & Co. IL bought a new stake in shares of Endo International PLC during the 2nd quarter worth $126,000. LMR Partners LLP bought a new stake in shares of Endo International PLC during the 3rd quarter worth $148,000. Point View Wealth Management Inc. boosted its holdings in shares of Endo International PLC by 16.6% during the 2nd quarter. Point View Wealth Management Inc. now owns 13,331 shares of the company’s stock worth $149,000 after buying an additional 1,900 shares during the period. Finally, Riverhead Capital Management LLC boosted its holdings in shares of Endo International PLC by 64.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 15,025 shares of the company’s stock worth $168,000 after buying an additional 5,887 shares during the period. 90.50% of the stock is owned by institutional investors and hedge funds.
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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