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ANGI Homeservices (ANGI) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

ANGI Homeservices (NASDAQ: ANGI) published its quarterly earnings data on Wednesday, May 8th. The technology organization mentioned $0.02 EPS for the zone, beating the Thomson Reuters’ consensus estimate of ($zero.01) with the aid of $zero.03, Briefing.Com reviews. ANGI Homeservices had a go back on equity of 8.Eleven% and a net margin of 8.15%. The company had sales of $303.Forty-four million during the region, compared to the consensus estimate of $305.54 million. During the same period inside the previous 12 months, the commercial enterprise earned ($zero.02) EPS. The company’s revenue became up 18.Nine% in comparison to the same region closing 12 months.

Shares of ANGI traded up $zero.23 on Friday, accomplishing $14.42. The stock had a buying and selling extent of 1,044,654 stocks, compared to its average volume of one,258,141. The stock has a market cap of $7.19 billion, a P/E ratio of ninety six.Thirteen, a P/E/G ratio of 3.09 and a beta of two.21. The company has a debt-to-fairness ratio of zero.18, a present day ratio of 2.19 and a short ratio of two.19. ANGI Homeservices has a twelve month low of $13.71 and a twelve month high of $23.95.

Several equities analysts have issued reports on ANGI shares. ValuEngine reduces ANGI Homeservices from a “robust-buy” rating to a “purchase” rating in a studies report on Monday, March eleventh. BidaskClub upgraded ANGI Homeservices from a “hold” score to a “buy” score in a studies file on Monday, February 4th. Zacks Investment Research upgraded ANGI Homeservices from a “keep” rating to a “robust-buy” score and set an $18.00 target fee on the stock in a studies record on Tuesday, April 16th. SunTrust Banks reiterated a “buy” score and set a $20.00 target fee on stocks of ANGI Homeservices in a research file on Wednesday, May 22nd. Finally, Goldman Sachs Group started out insurance on ANGI Homeservices in a research report on Monday, February 4th. They set a “buy” score and a $20.00 goal charge on the inventory. One studies analyst has rated the stock with a sell score, three have assigned a preserve rating and 13 have given a purchase score to the inventory. The inventory currently has a consensus rating of “Buy” and a median rate goal of $23.15.

In related information, COO Craig M. Smith offered 154,036 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The inventory became offered at an average rate of $sixteen.54, for a total cost of $2,547,755.Forty four. The transaction changed into disclosed in a document filed with the SEC, which is out there through this link. Also, CEO William B. Ridenour sold 10,967 stocks of the business enterprise’s inventory in a transaction that took place on Thursday, March seventh. The shares were bought at a median price of $16.19, for a complete cost of $177,555.Seventy three. The disclosure for this sale may be found here. In the ultimate 90 days, insiders offered 421,769 stocks of agency inventory worth $6,792,889. Insiders personal 20.30% of the agency’s inventory.
ANGI Homeservices Company Profile


ANGI Homeservices Inc operates a virtual market for home services, connecting tens of millions of house owners with home service experts in North America and Europe. Its HomeAdvisor digital market service connects consumers with carrier specialists for domestic repair, upkeep, and improvement initiatives, as well as provides consumers with equipment and resources to assist them discover nearby, pre-screened, and customer-rated service professionals.

Duane Simpson

Internet fan. Zombie aficionado. Infuriatingly humble problem solver. Alcohol enthusiast. Spent several months exporting UFOs in Jacksonville, FL. A real dynamo when it comes to exporting gravy in Tampa, FL. Spent 2001-2004 implementing saliva in Edison, NJ. Had moderate success getting my feet wet with junk food on Wall Street. Practiced in the art of building Virgin Mary figurines in Tampa, FL. Practiced in the art of marketing Roombas in Phoenix, AZ.

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