ANGI Homeservices Inc (NASDAQ:ANGI) Director Bowman Angela R. Hicks sold 5,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $6.65, for a total value of $33,250.00.
Shares of ANGI stock opened at $6.69 on Friday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $7.34 and a two-hundred day moving average price of $12.26. ANGI Homeservices Inc has a 12-month low of $6.51 and a 12-month high of $22.83. The firm has a market cap of $3.37 billion, a P/E ratio of 44.33 and a beta of 2.10.
ANGI Homeservices (NASDAQ:ANGI) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01). ANGI Homeservices had a return on equity of 6.42% and a net margin of 6.53%. The firm had revenue of $343.90 million for the quarter, compared to the consensus estimate of $351.19 million. During the same period last year, the firm earned $0.05 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, research analysts expect that ANGI Homeservices Inc will post 0.08 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of the business. Marshall Wace LLP lifted its stake in shares of ANGI Homeservices by 779.7% in the 1st quarter. Marshall Wace LLP now owns 431,698 shares of the technology company’s stock valued at $6,666,000 after acquiring an additional 382,623 shares during the last quarter. Marshall Wace North America L.P. bought a new stake in shares of ANGI Homeservices in the 1st quarter valued at about $220,000. FMR LLC lifted its stake in shares of ANGI Homeservices by 3.4% in the 1st quarter. FMR LLC now owns 12,437,965 shares of the technology company’s stock valued at $192,041,000 after acquiring an additional 409,611 shares during the last quarter. Juncture Wealth Strategies LLC lifted its stake in shares of ANGI Homeservices by 6.3% in the 2nd quarter. Juncture Wealth Strategies LLC now owns 33,489 shares of the technology company’s stock valued at $436,000 after acquiring an additional 1,995 shares during the last quarter. Finally, Polianta Ltd bought a new stake in shares of ANGI Homeservices in the 2nd quarter valued at about $1,053,000. 13.94% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts recently commented on the company. ValuEngine upgraded ANGI Homeservices from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Nomura reduced their target price on ANGI Homeservices from $17.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Wedbush lowered ANGI Homeservices from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $22.00 to $10.00 in a research note on Friday, August 9th. Evercore ISI reaffirmed a “hold” rating and set a $11.00 price target on shares of ANGI Homeservices in a research note on Monday, August 12th. Finally, Zacks Investment Research lowered ANGI Homeservices from a “hold” rating to a “sell” rating in a research note on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $16.35.
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.
Featured Story: What do investors mean by earnings per share?
Receive News & Ratings for ANGI Homeservices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANGI Homeservices and related companies with MarketBeat.com's FREE daily email newsletter.