News headlines about ANGI Homeservices (NASDAQ:ANGI) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ANGI Homeservices earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 44.4278404974251 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s rankings:
NASDAQ ANGI opened at $13.32 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.53. ANGI Homeservices has a 12-month low of $5.28 and a 12-month high of $15.77. The company has a market capitalization of $858.96, a PE ratio of -60.55, a price-to-earnings-growth ratio of 4.84 and a beta of 1.34.
ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, February 7th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.07). ANGI Homeservices had a negative net margin of 24.70% and a negative return on equity of 24.06%. The business had revenue of $223.21 million during the quarter, compared to analyst estimates of $225.82 million. analysts predict that ANGI Homeservices will post 0.11 EPS for the current fiscal year.
Several brokerages have commented on ANGI. UBS began coverage on shares of ANGI Homeservices in a report on Thursday, March 15th. They set a “buy” rating and a $20.00 target price on the stock. ValuEngine downgraded shares of ANGI Homeservices from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. BidaskClub downgraded shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 21st. Wells Fargo restated a “buy” rating and set a $15.00 target price on shares of ANGI Homeservices in a report on Thursday, February 8th. Finally, Zacks Investment Research upgraded shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. ANGI Homeservices currently has a consensus rating of “Buy” and a consensus target price of $14.23.
In other ANGI Homeservices news, major shareholder Luxor Capital Group, Lp acquired 3,087,280 shares of the stock in a transaction dated Thursday, March 1st. The shares were bought at an average cost of $14.90 per share, for a total transaction of $46,000,472.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bowman Angela R. Hicks sold 26,301 shares of ANGI Homeservices stock in a transaction that occurred on 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. Insiders bought 5,822,550 shares of company stock worth $85,247,673 over the last quarter. 18.20% of the stock is owned by corporate insiders.
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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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