ANGI Homeservices Inc (ANGI) Receives Average Rating of “Buy” from Analysts
ANGI Homeservices Inc (NASDAQ:ANGI) has received a consensus rating of “Buy” from the nineteen research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, fourteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $23.08.
ANGI has been the topic of several recent analyst reports. Needham & Company LLC initiated coverage on shares of ANGI Homeservices in a report on Tuesday, January 8th. They set a “buy” rating and a $23.00 price objective on the stock. BidaskClub raised shares of ANGI Homeservices from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Goldman Sachs Group initiated coverage on shares of ANGI Homeservices in a report on Monday, February 4th. They set a “buy” rating and a $20.00 price objective on the stock. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Tuesday, January 15th. Finally, Aegis initiated coverage on shares of ANGI Homeservices in a report on Monday, April 8th. They set a “buy” rating and a $22.00 price objective on the stock.
In other news, CEO William B. Ridenour sold 10,954 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $15.71, for a total value of $172,087.34. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Craig M. Smith sold 3,980 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $15.64, for a total transaction of $62,247.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 476,058 shares of company stock worth $7,774,156. Insiders own 20.30% of the company’s stock.
ANGI traded up $0.62 during midday trading on Thursday, hitting $16.83. 47,122 shares of the company traded hands, compared to its average volume of 871,917. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.19. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 111.40, a PEG ratio of 3.57 and a beta of 2.19. ANGI Homeservices has a 52-week low of $12.65 and a 52-week high of $23.95.
ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings data on Thursday, February 7th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.04. The business had revenue of $279.00 million for the quarter, compared to the consensus estimate of $281.28 million. ANGI Homeservices had a net margin of 6.83% and a return on equity of 6.96%. The company’s revenue was up 25.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.06) earnings per share. On average, research analysts forecast that ANGI Homeservices will post 0.18 EPS for the current year.
About ANGI Homeservices
ANGI Homeservices Inc operates a digital marketplace for home services, connecting millions of homeowners with home service professionals in North America and Europe. Its HomeAdvisor digital marketplace service connects consumers with service professionals for home repair, maintenance, and improvement projects, as well as provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals.
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