Endo International (ENDP) Updates FY18 Earnings Guidance

Endo International (NASDAQ:ENDP) (TSE:ENL) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.65-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60. The company issued revenue guidance of $2.87-2.92 billion, compared to the consensus revenue estimate of $2.81 billion.Endo International also updated its FY 2018 guidance to $2.65-2.75 EPS.

NASDAQ:ENDP opened at $13.49 on Friday. Endo International has a 52 week low of $5.27 and a 52 week high of $18.50. The company has a market cap of $3.59 billion, a P/E ratio of 3.51, a PEG ratio of 1.54 and a beta of 0.65.

Endo International (NASDAQ:ENDP) (TSE:ENL) last posted its earnings results on Thursday, November 8th. The company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.12. Endo International had a negative net margin of 34.72% and a positive return on equity of 237.45%. The company had revenue of $745.00 million during the quarter, compared to analysts’ expectations of $694.93 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. Endo International’s revenue for the quarter was down 5.3% compared to the same quarter last year. As a group, equities analysts forecast that Endo International will post 2.68 EPS for the current fiscal year.

A number of equities research analysts recently commented on ENDP shares. Mizuho increased their target price on shares of Endo International to $17.00 and gave the company a neutral rating in a research report on Tuesday, August 14th. TheStreet raised shares of Endo International from a d rating to a c- rating in a research report on Monday, August 20th. Zacks Investment Research raised shares of Endo International from a hold rating to a buy rating and set a $18.00 target price for the company in a research report on Monday, September 24th. Cantor Fitzgerald increased their target price on shares of Endo International from $12.00 to $18.00 and gave the company a neutral rating in a research report on Friday, October 19th. Finally, Citigroup upped their price target on shares of Endo International from $11.00 to $19.00 and gave the company a buy rating in a research note on Thursday, August 9th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of Hold and an average target price of $14.97.

In other Endo International news, Director Roger H. Kimmel sold 26,074 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of $15.90, for a total transaction of $414,576.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.80% of the company’s stock.

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Endo International Company Profile

Endo International plc, a specialty pharmaceutical company, manufactures and sells generic and branded pharmaceuticals in the United States, Canada, and internationally. The company operates through three segments: U.S. Generic Pharmaceuticals, U.S. Branded Pharmaceuticals, and International Pharmaceuticals.

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Earnings History and Estimates for Endo International (NASDAQ:ENDP)

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