Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Angie’s List (ANGI) Share Price

News articles about Angie’s List (NASDAQ:ANGI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Angie’s List earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 48.0964433788761 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

Shares of Angie’s List (ANGI) traded up $0.20 during midday trading on Friday, reaching $11.05. 582,400 shares of the company’s stock traded hands, compared to its average volume of 672,346. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.57 and a quick ratio of 0.57. Angie’s List has a 1-year low of $5.22 and a 1-year high of $13.74.

Angie’s List (NASDAQ:ANGI) last released its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.18). The business had revenue of $181.70 million during the quarter, compared to analysts’ expectations of $184.47 million. Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The firm’s quarterly revenue was up 36.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.28) earnings per share. equities research analysts expect that Angie’s List will post -0.23 EPS for the current year.

ANGI has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Angie’s List from a “strong sell” rating to a “hold” rating in a report on Monday, October 16th. BidaskClub upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Wells Fargo & Company restated a “buy” rating on shares of Angie’s List in a report on Tuesday. CIBC assumed coverage on shares of Angie’s List in a report on Thursday, October 5th. They issued an “outperform” rating and a $14.00 price objective for the company. Finally, Oppenheimer restated an “outperform” rating and issued a $14.00 price objective on shares of Angie’s List in a report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. Angie’s List has a consensus rating of “Hold” and a consensus price target of $12.13.

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About Angie’s List

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

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