Brokerages expect ANGI Homeservices Inc (NASDAQ:ANGI) to announce earnings of ($0.01) per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for ANGI Homeservices’ earnings, with the highest EPS estimate coming in at $0.01 and the lowest estimate coming in at ($0.03). ANGI Homeservices reported earnings of $0.03 per share in the same quarter last year, which would indicate a negative year over year growth rate of 133.3%. The business is scheduled to issue its next quarterly earnings report on Tuesday, May 1st.
On average, analysts expect that ANGI Homeservices will report full-year earnings of $0.11 per share for the current fiscal year, with EPS estimates ranging from $0.09 to $0.12. For the next year, analysts anticipate that the business will report earnings of $0.30 per share, with EPS estimates ranging from $0.26 to $0.34. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that follow ANGI Homeservices.
ANGI Homeservices (NASDAQ:ANGI) last posted its earnings results on Wednesday, February 7th. The technology company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.07). The company had revenue of $223.21 million during the quarter, compared to analysts’ expectations of $225.82 million. ANGI Homeservices had a negative return on equity of 24.06% and a negative net margin of 24.70%.
Several research analysts recently issued reports on the stock. ValuEngine lowered shares of ANGI Homeservices from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. UBS assumed coverage on shares of ANGI Homeservices in a research note on Thursday, March 15th. They issued a “buy” rating and a $20.00 price target for the company. BidaskClub lowered shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 21st. Zacks Investment Research upgraded shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Monday, February 12th. Finally, Oppenheimer reiterated a “buy” rating and issued a $14.00 price target on shares of ANGI Homeservices in a research note on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $14.23.
Shares of ANGI Homeservices stock traded down $0.30 during trading on Monday, hitting $13.32. The company’s stock had a trading volume of 566,463 shares, compared to its average volume of 646,592. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market cap of $858.96, a price-to-earnings ratio of -60.55, a PEG ratio of 4.84 and a beta of 1.34. ANGI Homeservices has a 52 week low of $5.28 and a 52 week high of $15.77.
In other news, major shareholder Luxor Capital Group, Lp acquired 3,087,280 shares of ANGI Homeservices stock in a transaction on Thursday, March 1st. The stock was acquired at an average cost of $14.90 per share, for a total transaction of $46,000,472.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bowman Angela R. Hicks sold 26,301 shares of the firm’s stock in a transaction dated Monday, April 2nd. The shares were sold at an average price of $13.28, for a total transaction of $349,277.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 5,822,550 shares of company stock valued at $85,247,673. 18.20% of the stock is owned by company insiders.
Large investors have recently added to or reduced their stakes in the business. D.A. Davidson & CO. bought a new stake in ANGI Homeservices during the 4th quarter valued at about $119,000. Teacher Retirement System of Texas bought a new stake in ANGI Homeservices during the 4th quarter valued at about $134,000. BB&T Securities LLC bought a new stake in ANGI Homeservices during the 3rd quarter valued at about $142,000. Brown Advisory Inc. bought a new stake in ANGI Homeservices during the 3rd quarter valued at about $147,000. Finally, SG Americas Securities LLC bought a new stake in ANGI Homeservices during the 3rd quarter valued at about $160,000. Institutional investors and hedge funds own 93.07% of the company’s stock.
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About ANGI Homeservices
ANGI Homeservices Inc owns and operates the HomeAdvisor digital marketplace service to connect consumers with service professionals for home repair, maintenance, and improvement projects. The company operates through two segments, North America and Europe. Its marketplace provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals, as well as book appointments with those professionals online or connect with them by telephone; and offers several home services-related resources.
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