Wall Street analysts expect Endurance International Group Holdings Inc (NASDAQ:EIGI) to post $284.53 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Endurance International Group’s earnings, with the highest sales estimate coming in at $285.00 million and the lowest estimate coming in at $284.17 million. Endurance International Group posted sales of $295.22 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.6%. The company is scheduled to report its next earnings report on Tuesday, October 30th.
On average, analysts expect that Endurance International Group will report full year sales of $1.15 billion for the current year. For the next year, analysts forecast that the firm will post sales of $1.15 billion per share, with estimates ranging from $1.15 billion to $1.16 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that follow Endurance International Group.
Endurance International Group (NASDAQ:EIGI) last announced its quarterly earnings data on Thursday, July 26th. The software maker reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm had revenue of $287.80 million during the quarter, compared to the consensus estimate 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 business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.29) EPS.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EIGI. Cubist Systematic Strategies LLC raised its position in Endurance International Group by 44.1% in the 1st quarter. Cubist Systematic Strategies LLC now owns 20,361 shares of the software maker’s stock valued at $151,000 after purchasing an additional 6,227 shares during the last quarter. Gargoyle Investment Advisor L.L.C. raised its position in Endurance International Group by 21.2% in the 1st quarter. Gargoyle Investment Advisor L.L.C. now owns 35,958 shares of the software maker’s stock valued at $266,000 after purchasing an additional 6,300 shares during the last quarter. Koch Industries Inc. raised its position in Endurance International Group by 71.1% in the 1st quarter. Koch Industries Inc. now owns 17,491 shares of the software maker’s stock valued at $129,000 after purchasing an additional 7,271 shares during the last quarter. Aperio Group LLC raised its position in Endurance International Group by 23.8% in the 1st quarter. Aperio Group LLC now owns 38,093 shares of the software maker’s stock valued at $282,000 after purchasing an additional 7,334 shares during the last quarter. Finally, Barclays PLC raised its position in Endurance International Group by 65.0% in the 1st quarter. Barclays PLC now owns 18,996 shares of the software maker’s stock valued at $140,000 after purchasing an additional 7,485 shares during the last quarter. 89.04% of the stock is currently owned by hedge funds and other institutional investors.
Shares of EIGI traded up $0.10 during midday trading on Tuesday, reaching $9.15. 603,373 shares of the stock were exchanged, compared to its average volume of 767,246. Endurance International Group has a 12-month low of $6.95 and a 12-month high of $10.95. The company has a debt-to-equity ratio of 12.31, a current ratio of 0.41 and a quick ratio of 0.41. The company has a market capitalization of $1.30 billion, a PE ratio of -11.73 and a beta of 1.72.
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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