ANGI Homeservices Inc (NASDAQ:ANGI) has been assigned a consensus recommendation of “Buy” from the fifteen analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $14.59.
Several equities analysts recently commented on ANGI shares. Zacks Investment Research downgraded ANGI Homeservices from a “hold” rating to a “sell” rating in a research report on Tuesday, May 15th. BidaskClub downgraded ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 21st. UBS Group started coverage on ANGI Homeservices in a research report on Thursday, March 15th. They set a “buy” rating and a $20.00 target price for the company. Deutsche Bank started coverage on ANGI Homeservices in a research report on Wednesday, May 30th. They set a “buy” rating for the company. Finally, ValuEngine upgraded ANGI Homeservices from a “hold” rating to a “buy” rating in a research report on Friday, June 1st.
Shares of ANGI Homeservices stock traded down $0.07 during midday trading on Friday, hitting $14.93. 530,000 shares of the company were exchanged, compared to its average volume of 762,408. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.89 and a quick ratio of 1.89. The company has a market capitalization of $969.96 million, a PE ratio of -68.18, a price-to-earnings-growth ratio of 6.67 and a beta of 1.35. ANGI Homeservices has a 52 week low of $10.24 and a 52 week high of $16.61.
ANGI Homeservices (NASDAQ:ANGI) last posted its earnings results on Wednesday, May 9th. The technology company reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. The business had revenue of $255.30 million during the quarter, compared to the consensus estimate of $254.55 million. ANGI Homeservices had a negative return on equity of 17.42% and a negative net margin of 20.05%. ANGI Homeservices’s revenue was up 69.4% on a year-over-year basis. During the same quarter last year, the company earned $0.03 EPS. equities analysts anticipate that ANGI Homeservices will post 0.09 earnings per share for the current fiscal year.
In other ANGI Homeservices news, Director Bowman Angela R. Hicks sold 26,301 shares of ANGI Homeservices stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $13.28, for a total value of $349,277.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Luxor Capital Group, Lp acquired 200,000 shares of the business’s stock in a transaction on Thursday, March 29th. The stock was acquired at an average price of $13.54 per share, with a total value of $2,708,000.00. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 1,570,965 shares of company stock valued at $21,108,543 and sold 78,903 shares valued at $1,091,492. Insiders own 20.30% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Swiss National Bank raised its position in ANGI Homeservices by 8.2% in the 1st quarter. Swiss National Bank now owns 64,300 shares of the technology company’s stock valued at $873,000 after purchasing an additional 4,900 shares during the last quarter. SG Americas Securities LLC raised its position in ANGI Homeservices by 44.0% in the 4th quarter. SG Americas Securities LLC now owns 18,515 shares of the technology company’s stock valued at $194,000 after purchasing an additional 5,654 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of ANGI Homeservices by 4.9% during the first quarter. Schwab Charles Investment Management Inc. now owns 159,232 shares of the technology company’s stock worth $2,163,000 after acquiring an additional 7,385 shares during the last quarter. Ostrum Asset Management bought a new stake in shares of ANGI Homeservices during the first quarter worth $102,000. Finally, Northern Trust Corp raised its position in shares of ANGI Homeservices by 6.3% during the first quarter. Northern Trust Corp now owns 138,144 shares of the technology company’s stock worth $1,877,000 after acquiring an additional 8,145 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.
ANGI Homeservices Company Profile
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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