ANGI Homeservices Inc (NASDAQ:ANGI) has received a consensus rating of “Buy” from the fifteen brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $19.70.
Several equities research analysts have recently issued reports on the company. Wedbush assumed coverage on ANGI Homeservices in a research report on Thursday, September 13th. They set an “outperform” rating and a $26.00 target price for the company. UBS Group raised their target price on ANGI Homeservices from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, September 26th. Raymond James raised their target price on ANGI Homeservices from $20.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, October 3rd. BidaskClub raised ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 24th. Finally, Zacks Investment Research raised ANGI Homeservices from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Monday, August 13th.
In other news, Director Bowman Angela R. Hicks sold 26,306 shares of the stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $19.13, for a total transaction of $503,233.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Luxor Capital Group, Lp purchased 16,000 shares of the business’s stock in a transaction dated Monday, October 1st. The shares were purchased 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 currently owned by corporate insiders.
Shares of ANGI Homeservices stock traded up $0.15 during trading hours on Monday, hitting $17.60. 1,131,660 shares of the company’s stock traded hands, compared to its average volume of 791,734. ANGI Homeservices has a 12-month low of $10.24 and a 12-month high of $23.95. The firm has a market cap of $1.31 billion, a PE ratio of -80.00, a P/E/G ratio of 6.12 and a beta of 2.20. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.33 and a quick ratio of 2.33.
ANGI Homeservices (NASDAQ:ANGI) last announced its earnings results on Wednesday, November 7th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. ANGI Homeservices had a negative return on equity of 0.53% and a negative net margin of 1.63%. The firm had revenue of $303.10 million during the quarter, compared to analyst estimates of $296.57 million. During the same period last year, the firm posted ($0.17) EPS. The business’s revenue was up 66.8% compared to the same quarter last year. As a group, equities analysts anticipate that ANGI Homeservices will post 0.11 EPS for the current fiscal year.
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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