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Endurance International Group Holdings (EIGI) in Focus: Stock Falls 5.5%

Zacks Equity Research

Endurance International Group Holdings, Inc. (EIGI) saw a big move last session, as the company’s shares fell by more than 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for EIGI, as the stock is now up more than 20.10% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. 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 #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Technology sector include Digital River Inc. (DRIV), Qihoo 360 Technology Co. Ltd. (QIHU), Citrix Systems, Inc. (CTXS). All these stocks hold a Zacks Rank #1 (Strong Buy).

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