ValuEngine upgraded shares of Endurance International Group (NASDAQ:EIGI) from a hold rating to a buy rating in a research note published on Friday.

A number of other brokerages have also weighed in on EIGI. BidaskClub upgraded Endurance International Group from a buy rating to a strong-buy rating in a report on Saturday, July 7th. Zacks Investment Research lowered Endurance International Group from a buy rating to a hold rating in a report on Wednesday, May 9th. SunTrust Banks restated a hold rating and issued a $8.00 price objective on shares of Endurance International Group in a report on Thursday, July 26th. TheStreet upgraded Endurance International Group from a d+ rating to a c rating in a report on Friday, July 27th. Finally, Credit Suisse Group raised their price objective on Endurance International Group from $9.00 to $10.00 and gave the company an outperform rating in a report on Wednesday, May 2nd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $8.43.

Shares of EIGI stock opened at $9.55 on Friday. The company has a debt-to-equity ratio of 12.31, a quick ratio of 0.41 and a current ratio of 0.41. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of -12.24 and a beta of 1.72. Endurance International Group has a fifty-two week low of $6.95 and a fifty-two week high of $10.95.

Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Thursday, July 26th. The software maker reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $287.80 million for the quarter, compared to analyst estimates of $288.38 million. Endurance International Group had a negative return on equity of 38.34% and a negative net margin of 3.58%. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.29) EPS. sell-side analysts expect that Endurance International Group will post -0.16 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Endurance International Group by 24.9% during the 2nd quarter. BlackRock Inc. now owns 4,642,169 shares of the software maker’s stock worth $46,189,000 after acquiring an additional 924,079 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Endurance International Group by 63.4% during the 2nd quarter. Renaissance Technologies LLC now owns 3,271,373 shares of the software maker’s stock worth $32,550,000 after acquiring an additional 1,269,194 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Endurance International Group by 39.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,282,767 shares of the software maker’s stock worth $12,763,000 after acquiring an additional 362,233 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Endurance International Group by 24.9% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 808,830 shares of the software maker’s stock worth $5,986,000 after acquiring an additional 161,120 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Endurance International Group by 158.4% during the 2nd quarter. Millennium Management LLC now owns 775,122 shares of the software maker’s stock worth $7,712,000 after acquiring an additional 475,139 shares during the period. Institutional investors and hedge funds own 88.59% of the company’s stock.

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 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.

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Analyst Recommendations for Endurance International Group (NASDAQ:EIGI)

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