Endurance International Group Holdings, Inc. (NASDAQ:EIGI) is trading up 27.48% versus 12-month low of 6.55 and stands -29.60% lower from its 1-year peak of $11.86. The consensus price target (PT) of $9.43 means that the market expects Company shares to increase by 13.6% in the short run. The sell-side target prices range from $7 to $12. In the last month the stock has moved in price -4.57%, with a one year change of -15.57%. The last trading session volume compares with the 577.82K average and market worth floats around 1.18B.
Endurance International Group Holdings, Inc. (NASDAQ:EIGI) gained 0.60% to reach at the trading price of $8.35 as it is set to release its next quarterly earnings report on February 28, 2017. Endurance International Group Holdings, Inc. stock trades in the range of $8.20 to $8.80 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $-0.24 a share with $277.32M in revenue.
Endurance International Group Holdings, Inc. (EIGI) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Endurance International Group Holdings, Inc. to earn $-0.3 per share (EPS) on revenue of $279.35M. The EPS consensus range is $-0.36-$-0.25 on revenue between $287M and $270.89M.
While if we look at the Earnings Track Record, Endurance International Group Holdings, Inc. (EIGI) managed to surpass quarterly earnings per share estimates in 6 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 50%. Last time the company reported, Endurance International Group Holdings, Inc. (EIGI) generated $-0.24 in earnings per share, missing the consensus estimate of $-0.22. Revenues hit $291.19M in the September 2017 quarter, which was above the consensus $283.12M projection. On the other hand, in the June 2017 quarter the company recorded a net $292.58M revenue with earnings per share of $0.18. Wall Street had anticipated $300.24M and $0.35, respectively. For comparison, there was a revenue of $252.96M and EPS of $0.69 in the March 2016 period.
Endurance International Group Holdings, Inc. (NASDAQ:EIGI) Analyst Insights
The buoyancy in the outlook of Endurance International Group Holdings, Inc. (EIGI) is getting weaker by the somewhat negative sentiment (2.50 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Perform. Cantor Fitzgerald has been covering shares of EIGI, so it is most recent view is worth a look. In a research note issued on Jan 03, 2017, analysts at downgraded the stock to Sell from Neutral. Another noteworthy analyst activity was recorded on Aug 03, 2016. Downgraded the stock to Market Perform from Outperform.