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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