Endurance International Group Holdings, Inc. (EIGI) provides cloud-based platform solutions for small-and medium-sized businesses worldwide.
It offers domain registration, management, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites to meet their particular business needs.
The company also provides solutions that allow subscribers to have their Websites rendered on mobile devices; search engine optimization and marketing solutions; tools and services that enable subscribers to communicate with their customers and potential customers through social networks; and control panels and dashboards that enable subscribers to analyze activity on their Websites and optimize the impact of their Web presence design and marketing campaigns.
In addition, it offers a platform that enables subscribers to communicate with their customers and potential customers through email; email capabilities, including custom mailboxes that reflect a subscribers domain name, spam filters, email aliases, and forwarding functionality; products that enable secure and encrypted payments, shopping carts, payment processing and related services, mobile payments, and other forms of e-commerce; and professional services.
Shares have formed a bullish "cup & handle" ahead of the company's earnings report on May 5. Higher share prices are expected for this stock.
52-Week Trading Range: $11.88 - $22.45
Entry Point: $22.20
Stop Loss: $21.10
Target Price: $ 24.45
Endurance (EIGI) drops after Gotham predicts shares going to $0 - Shares of Endurance International Group moved lower after short-selling company Gotham City Research predicted in a report on its website that shares will go to $0. The company "will struggle to service its debt" and "profits at the expense of its customers," Gotham contends. The company's "reported profits are suspect," Gotham added. Shares of Endurance dropped $3.27 to $18.67. Closed at $18.50.