Endo International PLC's (ENDP) Hold Rating Reiterated at Oppenheimer Holdings, Inc

Gladys Abbott
June 19, 2017

BidaskClub lowered shares of Endo International PLC from a "hold" rating to a "sell" rating in a report on Thursday. Short interest decreased from 22,558,081 to 21,503,003 over that period. Company shares last traded at $10.80 a bit lower than the 50 day moving average of $12.27 and which is a tad under the 200 day moving average of $12.79. The short ratio in the company's stock is documented at 3.17 and the short float is around of 10.41%.

Analysts taken into consideration by Zacks Research have a current mean target price of $17 on Endo International plc (NASDAQ:ENDP) shares.

Endo International plc (ENDP) has 223.01 Million shares outstanding and 221.98 Million shares were floated in market. Guggenheim reaffirmed a buy rating and set a $35.00 price target on shares of Endo International PLC in a research report on Tuesday, February 28th. On Friday, March 18 the stock rating was maintained by Deutsche Bank with "Buy". Previously Endo Int'l Plc (NASDAQ:ENDP) reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.1 by $0.13 with surprise factor of 11.8%. Janus Management Limited Liability holds 0% of its portfolio in Endo International plc - Ordinary Shares (NASDAQ:ENDP) for 37,954 shares. They issued a "neutral" rating and a $12.00 target price for the company. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the stock. Endo International PLC presently has an average rating of Hold and a consensus price target of $17.46.

Large investors have recently added to or reduced their stakes in the company. Systematic Financial Management LP bought a new position in Endo International PLC during the fourth quarter valued at about $43,256,000. Acrospire Investment Management LLC now owns 7,897 shares of the company's stock valued at $159,000 after buying an additional 4,597 shares during the period. Point View Wealth Management Inc. increased its stake in shares of Endo International PLC by 12.3% in the first quarter. Gamco Investors INC. ET AL now owns 47,500 shares of the company's stock valued at $782,000 after buying an additional 800 shares during the period. Oak Associates Ltd. OH increased its position in Endo International PLC by 38.0% in the first quarter. Oak Associates Ltd. OH now owns 191,185 shares of the company's stock worth $2,134,000 after buying an additional 52,615 shares during the period.

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Endo International PLC (NASDAQ:ENDP) was the target of a significant increase in short interest in the month of April. Capital Fund Management S.A. bought a new stake in Endo International PLC during the first quarter valued at about $260,000. "Has $347,000 Position in Endo International PLC (ENDP)" was reported by The Cerbat Gem and is the property of of The Cerbat Gem. Endo International PLC has a one year low of $9.70 and a one year high of $24.93. The 200 SMA is considered so critically important a trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a death cross, signaling a serious bear market in a stock, index or other investment.

Endo International PLC (NASDAQ:ENDP) last issued its quarterly earnings data on Tuesday, May 9th.

As of the last earnings report the EPS was $-15.20 and is estimated to be $3.58 for the current year with 223,112,000 shares now outstanding. It improved, as 36 investors sold Endo International plc - Ordinary Shares shares while 86 reduced holdings. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period a year ago, the company earned $1.08 EPS. The business's revenue for the quarter was up 7.7% compared to the same quarter past year. During the same quarter in the previous year, the firm posted $1.08 earnings per share. The legal version of this article can be accessed at https://www.com-unik.info/2017/06/17/endo-international-plc-endp-given-a-14-00-price-target-at-canaccord-genuity-updated-2-updated-updated.html.

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