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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 8. The technology organization mentioned $0.02 EPS for the zone, beating Thomson Reuters’ consensus estimate of ($zero.01) with $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). The company’s revenue became 18—Nine compared 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, compared to its average volume of 258,141. The store has a market cap of $7.19 billion and 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 percentage 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 11. BidaskClub upgraded ANGI Homeservices from a “hold” score to a “buy” score in a studies file on Monday, February 4. 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 16. 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 22. Finally, Goldman Sachs Group started insurance on ANGI Homeservices in a research report on Monday, February 4. They set a “buy” score and a $20.00 goal charge on the inventory. One study analyst rated the stock with a sell score, three assigned a preserve rating, and 13 gave a purchase score to the merchandise. 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 on Monday, March 4. The inventory was provided at an average rate of $sixteen.54, for a total cost of $2,547,755.Forty-four. The transaction was 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 on Thursday, March 7. The shares were bought at a median price of $16.19 for a total 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 list.

ANGI Homeservices Company Profile


ANGI Homeservices Inc. operates a virtual market for home services, connecting tens of millions of houseowners 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. It provides consumers with equipment and resources to assist them in discovering 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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