ANGI Homeservices Inc (NASDAQ:ANGI) Director Bowman Angela R. Hicks sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $8.39, for a total value of $83,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
ANGI traded down $0.18 during trading on Friday, reaching $8.19. 1,812,000 shares of the stock traded hands, compared to its average volume of 2,347,137. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of 54.60, a price-to-earnings-growth ratio of 2.53 and a beta of 1.94. ANGI Homeservices Inc has a fifty-two week low of $8.14 and a fifty-two week high of $23.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.21 and a quick ratio of 2.19. The stock’s 50-day simple moving average is $12.57 and its two-hundred day simple moving average is $15.01.
ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). ANGI Homeservices had a net margin of 6.53% and a return on equity of 6.42%. The firm had revenue of $343.90 million for the quarter, compared to analyst estimates of $351.19 million. During the same period in the previous year, the business posted $0.05 EPS. ANGI Homeservices’s revenue for the quarter was up 16.7% on a year-over-year basis. Research analysts anticipate that ANGI Homeservices Inc will post 0.12 earnings per share for the current fiscal year.
Several analysts have recently commented on ANGI shares. JPMorgan Chase & Co. started coverage on ANGI Homeservices in a research report on Monday, April 29th. They issued an “overweight” rating and a $20.00 target price for the company. SunTrust Banks reissued a “buy” rating and set a $20.00 price objective on shares of ANGI Homeservices in a research report on Wednesday, May 22nd. ValuEngine cut ANGI Homeservices from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th. Nomura reduced their price objective 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. Finally, Zacks Investment Research cut ANGI Homeservices from a “hold” rating to a “sell” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the stock. ANGI Homeservices has a consensus rating of “Buy” and an average price target of $19.38.
ANGI Homeservices Company Profile
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: Gross Domestic Product (GDP)
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.