ANGI Homeservices (NASDAQ:ANGI) is set to release its earnings data after the market closes on Wednesday, November 7th. Analysts expect ANGI Homeservices to post earnings of $0.04 per share for the quarter.
ANGI Homeservices (NASDAQ:ANGI) last announced its quarterly earnings data on Wednesday, August 8th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.04. The business had revenue of $294.80 million during the quarter, compared to analysts’ expectations of $293.43 million. ANGI Homeservices had a negative return on equity of 10.01% and a negative net margin of 12.14%. The firm’s quarterly revenue was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share. On average, analysts expect ANGI Homeservices to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ:ANGI opened at $19.08 on Monday. ANGI Homeservices has a 12-month low of $10.24 and a 12-month high of $23.95. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.24.
In other news, Director Bowman Angela R. Hicks sold 10,000 shares of the business’s stock in a transaction on Monday, August 13th. The stock was sold at an average price of $20.00, for a total value of $200,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Luxor Capital Group, Lp purchased 16,000 shares of the firm’s stock in a transaction dated Monday, October 1st. The stock was acquired at an average price of $23.20 per share, with a total value of $371,200.00. The disclosure for this purchase can be found here. 20.30% of the stock is owned by insiders.
A number of brokerages have issued reports on ANGI. Nomura began coverage on ANGI Homeservices in a research note on Friday, October 12th. They set a “neutral” rating and a $20.00 price objective for the company. They noted that the move was a valuation call. Zacks Investment Research upgraded ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. BidaskClub cut ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 31st. ValuEngine upgraded ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 9th. Finally, Wedbush reiterated an “outperform” rating and set a $26.00 price objective on shares of ANGI Homeservices in a research note on Wednesday, October 10th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $19.91.
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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