Angie’s List, Inc. (NASDAQ:ANGI) announced its earnings results on Wednesday. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.18), Bloomberg Earnings reports. The firm had revenue of $181.70 million during the quarter, compared to analysts’ expectations of $184.47 million. Angie’s List had a negative net margin of 17.04% and a negative return on equity of 875.86%. Angie’s List’s revenue for the quarter was up 36.0% compared to the same quarter last year. During the same quarter last year, the company posted ($0.28) earnings per share.

Angie’s List (ANGI) opened at $11.32 on Friday. The company has a debt-to-equity ratio of 6.24, a quick ratio of 0.86 and a current ratio of 0.86. Angie’s List has a 52-week low of $5.22 and a 52-week high of $13.74.

Several brokerages have recently weighed in on ANGI. BidaskClub downgraded shares of Angie’s List from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th. Zacks Investment Research downgraded shares of Angie’s List from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 26th. Piper Jaffray Companies began coverage on shares of Angie’s List in a research note on Wednesday, August 16th. They issued an “overweight” rating and a $14.00 target price for the company. CIBC began coverage on shares of Angie’s List in a research note on Thursday, October 5th. They issued an “outperform” rating and a $14.00 target price for the company. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of Angie’s List in a research note on Wednesday, October 11th. They issued a “buy” rating and a $14.00 target price for the company. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $12.14.

In related news, insider Shannon Shaw sold 87,745 shares of the stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $12.00, for a total value of $1,052,940.00. Following the sale, the insider now owns 28,668 shares of the company’s stock, valued at approximately $344,016. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael S. Maurer sold 98,578 shares of the stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $12.20, for a total transaction of $1,202,651.60. Following the completion of the sale, the director now directly owns 62,563 shares in the company, valued at approximately $763,268.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 513,186 shares of company stock worth $6,129,920. Insiders own 18.20% of the company’s stock.

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Angie’s List Company Profile

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

Earnings History for Angie`s List (NASDAQ:ANGI)

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