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Endurance International Group Holdings (EIGI) in Focus: Stock Tanks 13.9%

Endurance International Group Holdings, Inc.EIGI saw a big move last session, as the company's shares fell nearly 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for EIGI, as the stock is now down over 21% since Nov 25.

The provider of cloud-based solutions has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

EIGI currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.0%.

A better-ranked stock in the same sector is Ellie Mae, Inc. ELLI , holding a Zacks Rank #2 (Buy).

Is EIGI going up? Or down? Predict to see what others think: Up or Down

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ENDURANCE INTL (EIGI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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