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Zooming in on the ABR for ANGI Homeservices Inc. (NASDAQ:ANGI)

Investors might be interested in how sell-side analysts view ANGI Homeservices Inc.’s shares (NASDAQ: ANGI). Taking a peek at the current consensus rating, we can see that the ABR is 1.57. Zacks Research provides this average rating. This simplified scale ranges from one to five, translating brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold, and 4-5 indicates a consensus Sell rating. In terms of the number of analysts with the stock pegged as a Buy or Strong Buy, we note that the number is presently 11.

Traders using technical analysis typically believe that all the needed information to trade a specific stock can be spotted in the charts. These traders are generally taking a shorter-term view when studying the market. Technical analysts are usually striving to spot the directional trend of a stock. Movements may be noted as upward, downward, or sideways. Many technicians will rely heavily on support and resistance levels to make informed decisions when buying and selling equities. These traders are also closely watching volume levels to help gauge activity. Traders are constantly searching for patterns in the charts. There are many different identifiable patterns that traders can look for. Some of these include head and shoulders, triangles, and double tops/bottoms.

Shifting gears, we can see that the current quarter EPS consensus estimate for ANGI Homeservices Inc. (NASDAQ: ANGI) is 0.02. This EPS estimate uses seven sell-side analysts polled by Zacks Research. For the prior reporting period, the company posted a quarterly EPS of 0.02. As we move through earnings season, all eyes will be on the company to see if they can beat analyst estimates and improve the last quarter. When a company reports actual earnings numbers, the surprise factor can cause a stock price to realize increased activity. Investors and analysts will closely watch to see how the earnings results impact the stock after the next release. Many investors will decide to be cautious around earnings releases and delay buy/sell moves until after the stock price steadies.

Viewing some popular support and resistance marks on shares of ANGI Homeservices Inc. (NASDAQ: ANGI), we can see that the 52-week high is present at $23.48, and the 52-week low is currently $14.05. When the stock is trading near the 52-week high or 52-week low, investors may be on the lookout for a potential breakthrough at the level. Looking at recent action, we see that the stock has been trading near the $14.72 level. Investors may also want to track historical price activity. Over the past 12 weeks, the store has changed -8.68%. Looking further back to the beginning of the calendar year, we note that shares have moved -8.4%. Over the previous four weeks, shares have seen a change of -4.6%. Over the last five trading sessions, the stock has moved by 0.82%. Investors will be monitoring stock activity over the next few days to try and gauge which way the momentum is shifting.

Wall Street analysts tracking shares of ANGI Homeservices Inc. (NASDAQ: ANGI) have closely monitored company activities and fundamentals. They often create research reports to assist with investment decisions. On a consensus basis, analysts have set a target price of $20.5 on the stock. This number may be different from the First Call consensus target estimate. Analysts that routinely cover the company may use other techniques to create a future target price. Because of the different methods, price targets may differ significantly from one analyst to another.

Traders using technical analysis typically believe that all the needed information to trade a specific stock can be spotted in the charts. These traders are generally taking a shorter-term view when studying the market. Technical analysts are usually striving to spot the directional trend of a stock. Movements may be noted as upward, downward, or sideways. Many technicians will rely heavily on support and resistance levels to make informed decisions when buying and selling equities. These traders are also closely watching volume levels to help gauge activity. Traders are constantly searching for patterns in the charts. There are many different identifiable patterns that traders can look for. Some of these include head and shoulders, triangles, and double tops/bottoms.

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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