ANGI Homeservices (ANGI) Set to Announce Quarterly Earnings on Wednesday

ANGI Homeservices (NASDAQ:ANGI) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, August 8th. The technology company reported $0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.04. The firm had revenue of $294.80 million during the quarter, compared to the consensus estimate of $293.43 million. ANGI Homeservices had a negative return on equity of 10.01% and a negative net margin of 12.14%. The firm’s revenue was up 63.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.13) EPS. On average, analysts expect ANGI Homeservices to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ANGI opened at $19.16 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.24. ANGI Homeservices has a 52 week low of $10.24 and a 52 week high of $23.95.

Several analysts have commented on ANGI shares. BidaskClub raised ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 24th. Wells Fargo & Co upped their price objective on ANGI Homeservices from $16.00 to $21.00 and gave the company an “outperform” rating in a research note on Friday, August 10th. Zacks Investment Research raised ANGI Homeservices from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Monday, August 13th. BMO Capital Markets upped their price objective on ANGI Homeservices from $16.00 to $19.00 and gave the company an “outperform” rating in a research note on Friday, August 10th. Finally, UBS Group upped their price objective on ANGI Homeservices from $22.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, September 26th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. ANGI Homeservices has a consensus rating of “Buy” and a consensus target price of $19.91.

In other ANGI Homeservices news, Director Bowman Angela R. Hicks sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $20.00, for a total transaction of $200,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Luxor Capital Group, Lp bought 89,000 shares of the company’s stock in a transaction on Friday, September 14th. The shares were acquired at an average price of $23.40 per share, for a total transaction of $2,082,600.00. The disclosure for this purchase can be found here. Insiders own 20.30% of the company’s stock.

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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Earnings History for ANGI Homeservices (NASDAQ:ANGI)

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