Equities research analysts predict that Endurance International Group Holdings, Inc. (NASDAQ:EIGI) will announce sales of $289.69 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Endurance International Group Holdings’ earnings. The lowest sales estimate is $289.00 million and the highest is $290.42 million. Endurance International Group Holdings reported sales of $292.12 million in the same quarter last year, which would suggest a negative year over year growth rate of 0.8%. The firm is expected to report its next earnings results on Thursday, February 15th.

On average, analysts expect that Endurance International Group Holdings will report full year sales of $289.69 million for the current fiscal year. For the next year, analysts anticipate that the company will report sales of $1.17 billion per share, with estimates ranging from $1.16 billion to $1.18 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Endurance International Group Holdings.

Endurance International Group Holdings (NASDAQ:EIGI) last posted its quarterly earnings data on Tuesday, October 31st. The software maker reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.13). Endurance International Group Holdings had a negative return on equity of 161.36% and a negative net margin of 12.74%. The company had revenue of $295.20 million for the quarter, compared to analyst estimates of $290.45 million. During the same period in the previous year, the business posted ($0.24) earnings per share. The firm’s revenue was up 1.4% compared to the same quarter last year.

Several analysts have recently commented on the company. SunTrust Banks, Inc. assumed coverage on Endurance International Group Holdings in a report on Tuesday, August 15th. They issued a “hold” rating and a $8.00 price target for the company. Zacks Investment Research raised Endurance International Group Holdings from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Jefferies Group LLC raised their price objective on Endurance International Group Holdings from $5.00 to $6.00 and gave the company an “underperform” rating in a research note on Wednesday, November 1st. Finally, BidaskClub downgraded Endurance International Group Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Five research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company has a consensus rating of “Sell” and an average price target of $7.70.

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In other Endurance International Group Holdings news, CFO Marc Montagner sold 10,229 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $7.62, for a total transaction of $77,944.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 22,887 shares of company stock valued at $177,251 in the last three months. 58.20% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Endurance International Group Holdings by 14.3% in the first quarter. JPMorgan Chase & Co. now owns 55,912 shares of the software maker’s stock valued at $438,000 after purchasing an additional 7,011 shares during the period. Mitra Capital LLC purchased a new stake in shares of Endurance International Group Holdings in the second quarter valued at $1,032,000. Gotham Asset Management LLC grew its position in shares of Endurance International Group Holdings by 33.8% in the second quarter. Gotham Asset Management LLC now owns 52,987 shares of the software maker’s stock valued at $442,000 after purchasing an additional 13,387 shares during the period. Credit Suisse AG grew its position in shares of Endurance International Group Holdings by 375.4% in the first quarter. Credit Suisse AG now owns 266,510 shares of the software maker’s stock valued at $2,093,000 after purchasing an additional 210,449 shares during the period. Finally, Prudential Financial Inc. grew its position in shares of Endurance International Group Holdings by 17.5% in the second quarter. Prudential Financial Inc. now owns 466,780 shares of the software maker’s stock valued at $3,898,000 after purchasing an additional 69,480 shares during the period. 86.40% of the stock is owned by institutional investors and hedge funds.

Shares of Endurance International Group Holdings (NASDAQ EIGI) opened at $9.35 on Wednesday. The company has a debt-to-equity ratio of 31.15, a current ratio of 0.33 and a quick ratio of 0.33. Endurance International Group Holdings has a 1 year low of $6.20 and a 1 year high of $9.85.

About Endurance International Group Holdings

Endurance International Group Holdings, Inc (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. The Company operates through two segments: Web Presence and Email Marketing. The Company’s Web presence segment consists of Web hosting, domains and the related products and services.

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Earnings History and Estimates for Endurance International Group Holdings (NASDAQ:EIGI)

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