ANGI Homeservices Inc. (NASDAQ:ANGI) has been given a consensus rating of “Buy” by the fourteen brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $13.61.
Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Monday, February 12th. BidaskClub raised shares of ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a report on Friday, February 9th. Wells Fargo & Co reissued a “buy” rating and set a $15.00 price objective on shares of ANGI Homeservices in a report on Thursday, February 8th. ValuEngine lowered shares of ANGI Homeservices from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. Finally, BMO Capital Markets started coverage on shares of ANGI Homeservices in a report on Tuesday, February 6th. They set an “outperform” rating and a $16.00 price objective on the stock.
A number of hedge funds have recently modified their holdings of ANGI. D.A. Davidson & CO. purchased a new position in ANGI Homeservices during the fourth quarter valued at approximately $119,000. Teacher Retirement System of Texas purchased a new position in ANGI Homeservices in the fourth quarter worth $134,000. BB&T Securities LLC purchased a new position in ANGI Homeservices in the third quarter worth $142,000. Brown Advisory Inc. purchased a new position in ANGI Homeservices in the third quarter worth $147,000. Finally, SG Americas Securities LLC purchased a new position in ANGI Homeservices in the third quarter worth $160,000. 70.77% of the stock is currently owned by institutional investors.
ANGI Homeservices (NASDAQ:ANGI) traded up $0.18 during trading on Friday, hitting $14.02. 682,000 shares of the stock traded hands, compared to its average volume of 779,268. The company has a quick ratio of 0.57, a current ratio of 1.53 and a debt-to-equity ratio of 0.26. ANGI Homeservices has a 1 year low of $5.22 and a 1 year high of $14.35. The company has a market capitalization of $878.44, a P/E ratio of -35.95, a PEG ratio of 4.98 and a beta of 1.54.
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ANGI Homeservices 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.
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