ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,893 shares of the stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $14.88, for a total value of $162,087.84. The transaction was disclosed in a document filed with the SEC, which is available through this link.
NASDAQ:ANGI opened at $13.17 on Thursday. The company has a 50-day simple moving average of $14.86. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 71.84, a PEG ratio of 2.95 and a beta of 2.27. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.18. ANGI Homeservices Inc has a twelve month low of $13.15 and a twelve month high of $23.95.
ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $303.44 million for the quarter, compared to analyst estimates of $305.54 million. ANGI Homeservices had a return on equity of 8.11% and a net margin of 8.15%. ANGI Homeservices’s revenue was up 18.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.02) earnings per share. As a group, sell-side analysts anticipate that ANGI Homeservices Inc will post 0.19 EPS for the current fiscal year.
Several research firms have recently issued reports on ANGI. ValuEngine lowered ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a report on Monday, May 20th. Aegis began coverage on ANGI Homeservices in a report on Monday, April 8th. They set a “buy” rating and a $22.00 target price on the stock. Zacks Investment Research lowered ANGI Homeservices from a “buy” rating to a “hold” rating in a report on Friday, May 10th. Needham & Company LLC reissued a “buy” rating and set a $20.00 target price (down from $23.00) on shares of ANGI Homeservices in a report on Tuesday. Finally, JPMorgan Chase & Co. began coverage on ANGI Homeservices in a report on Monday, April 29th. They set an “overweight” rating and a $20.00 target price on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have assigned a buy rating to the company. ANGI Homeservices has a consensus rating of “Buy” and an average price target of $22.92.
A number of large investors have recently added to or reduced their stakes in ANGI. Great West Life Assurance Co. Can boosted its stake in ANGI Homeservices by 140.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 6,264 shares of the technology company’s stock valued at $97,000 after buying an additional 3,664 shares in the last quarter. First Manhattan Co. boosted its stake in ANGI Homeservices by 145.0% in the first quarter. First Manhattan Co. now owns 8,575 shares of the technology company’s stock valued at $132,000 after buying an additional 5,075 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in ANGI Homeservices in the fourth quarter valued at about $165,000. Parametrica Management Ltd acquired a new stake in ANGI Homeservices in the first quarter valued at about $176,000. Finally, SG Americas Securities LLC acquired a new stake in ANGI Homeservices in the fourth quarter valued at about $188,000. 14.38% of the stock is currently owned by institutional investors and hedge funds.
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.
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