Oppenheimer restated their buy rating on shares of ANGI Homeservices (NASDAQ:ANGI) in a research report sent to investors on Wednesday, January 3rd. They currently have a $14.00 price target on the technology company’s stock.
ANGI has been the subject of several other research reports. BidaskClub raised shares of ANGI Homeservices from a sell rating to a hold rating in a research report on Friday, December 22nd. Zacks Investment Research raised shares of ANGI Homeservices from a hold rating to a buy rating and set a $14.00 price target for the company in a research report on Wednesday, November 1st. Wells Fargo & Co upgraded shares of ANGI Homeservices from a market perform rating to an outperform rating and set a $14.00 price objective for the company in a research note on Thursday, October 19th. CIBC started coverage on shares of ANGI Homeservices in a research note on Thursday, October 5th. They set an outperform rating and a $14.00 price objective for the company. Finally, MKM Partners upgraded shares of ANGI Homeservices from a neutral rating to a buy rating and boosted their price objective for the stock from $13.00 to $15.00 in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $12.39.
ANGI Homeservices (NASDAQ:ANGI) traded up $0.09 during trading hours on Wednesday, hitting $13.65. 174,724 shares of the stock were exchanged, compared to its average volume of 581,183. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $849.62 and a price-to-earnings ratio of -113.74. ANGI Homeservices has a twelve month low of $10.24 and a twelve month high of $13.81.
ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). ANGI Homeservices had a negative net margin of 17.04% and a negative return on equity of 25.20%. The firm had revenue of $181.70 million during the quarter, compared to analyst estimates of $184.47 million. During the same period in the prior year, the firm earned ($0.28) EPS. The business’s quarterly revenue was up 36.0% on a year-over-year basis. equities analysts expect that ANGI Homeservices will post -0.19 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of ANGI. Russell Investments Group Ltd. acquired a new stake in ANGI Homeservices in the second quarter valued at $1,133,000. Schwab Charles Investment Management Inc. raised its holdings in ANGI Homeservices by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 152,770 shares of the technology company’s stock valued at $1,954,000 after acquiring an additional 760 shares in the last quarter. Rhumbline Advisers raised its holdings in ANGI Homeservices by 2.1% in the second quarter. Rhumbline Advisers now owns 46,347 shares of the technology company’s stock valued at $593,000 after acquiring an additional 966 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in ANGI Homeservices in the second quarter valued at $237,000. Finally, Victory Capital Management Inc. acquired a new stake in ANGI Homeservices in the second quarter valued at $1,407,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.
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About ANGI Homeservices
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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