Endo International PLC (ENDP) PT Lowered to $7.00
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) had its price objective lowered by research analysts at Citigroup Inc. from $9.00 to $7.00 in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. Citigroup Inc.’s price target would indicate a potential upside of 1.01% from the company’s previous close.
A number of other equities research analysts have also commented on the stock. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Endo International PLC in a research note on Sunday, July 23rd. ValuEngine lowered shares of Endo International PLC from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of Endo International PLC from a “hold” rating to a “buy” rating and set a $9.75 price objective on the stock in a research note on Wednesday, October 11th. Royal Bank Of Canada set a $9.00 price objective on shares of Endo International PLC and gave the company a “hold” rating in a research note on Tuesday, October 17th. Finally, BidaskClub raised shares of Endo International PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $11.67.
Endo International PLC (ENDP) traded up $0.84 on Friday, reaching $6.93. 12,136,900 shares of the company’s stock were exchanged, compared to its average volume of 7,342,927. Endo International PLC has a 52-week low of $5.77 and a 52-week high of $18.63. The company has a quick ratio of 0.86, a current ratio of 1.08 and a debt-to-equity ratio of 10.78. The company has a market cap of $1,550.00, a price-to-earnings ratio of 1.43 and a beta of 0.53.
Endo International PLC (NASDAQ:ENDP) (TSE:ENL) last posted its earnings results on Thursday, November 9th. The company reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.06. Endo International PLC had a negative net margin of 126.97% and a positive return on equity of 66.98%. The firm had revenue of $786.90 million for the quarter, compared to analyst estimates of $794.93 million. During the same period in the previous year, the firm posted $1.01 EPS. The company’s revenue for the quarter was down 11.0% compared to the same quarter last year. research analysts expect that Endo International PLC will post 3.54 EPS for the current fiscal year.
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In other Endo International PLC news, CFO Blaise Coleman acquired 6,500 shares of the stock in a transaction on Tuesday, August 15th. The shares were purchased at an average price of $7.89 per share, for a total transaction of $51,285.00. Following the completion of the acquisition, the chief financial officer now owns 13,729 shares in the company, valued at approximately $108,321.81. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.50% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. LMR Partners LLP acquired a new position in Endo International PLC during the third quarter worth $148,000. Van ECK Associates Corp raised its holdings in Endo International PLC by 67.1% during the third quarter. Van ECK Associates Corp now owns 340,991 shares of the company’s stock worth $2,921,000 after buying an additional 136,873 shares during the last quarter. Alps Advisors Inc. raised its holdings in shares of Endo International PLC by 9.3% in the third quarter. Alps Advisors Inc. now owns 250,511 shares of the company’s stock valued at $2,146,000 after purchasing an additional 21,373 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Endo International PLC by 76.2% in the third quarter. Gamco Investors INC. ET AL now owns 110,500 shares of the company’s stock valued at $946,000 after purchasing an additional 47,800 shares during the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Endo International PLC in the third quarter valued at about $293,000. Hedge funds and other institutional investors own 90.50% of the company’s stock.
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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