Cantor Fitzgerald Issues a Hold Rating on Endurance International

By Austin Angelo

Cantor Fitzgerald analyst Naved Khan assigned a Hold rating to Endurance International (NASDAQ: EIGI) on June 23. The company’s shares closed last Friday at $8.65.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 23.2% and a 85.4% success rate. Khan covers the Technology sector, focusing on stocks such as Paypal Holdings, Facebook Inc, and Alphabet Inc.

Endurance International has an analyst consensus of Moderate Buy, with a price target consensus of $11.25.

Based on Endurance International’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $295 million and GAAP net loss of $35.39 million. In comparison, last year the company earned revenue of $237 million and had a net profit of $21.81 million.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2016, Katherine Andreasen, the CPO of EIGI sold 15,269 shares for a total of $134,825.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Endurance International Group Holdings, Inc. provides cloud-based platform solutions to help small and medium sized businesses succeed online. It offers security, site backup, premium domains, search engine optimization, search engine marketing, Google Adwords, mobile solutions, social media enablement, website analytics, email marketing and productivity and e-commerce tools. The company operates through the following segments: Web Presence and Email Marketing. Web Presence segment consists of web hosting, domains and the related products and services. Email Marketing segment consists of the products and services historically offered by Constant Contact. It also includes event marketing, survey tools and SinglePlatform. Its brands includes: Constant Contact, Bluehost, HostGator, iPage, Domain.com, BigRock, SiteBuilder and SinglePlatform. The company was founded by Hari K. Ravichandran on October 28, 2011 and is headquartered in Burlington, MA.,07FNZD-E