Angi (NASDAQ:ANGI) Posts Earnings Results

by · The Markets Daily

Angi (NASDAQ:ANGI – Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.10), Zacks reports. Angi had a return on equity of 5.73% and a net margin of 5.50%.

Angi Stock Performance

Shares of NASDAQ:ANGI traded down $0.18 during midday trading on Tuesday, reaching $12.87. The company’s stock had a trading volume of 1,839,810 shares, compared to its average volume of 817,942. The firm has a market capitalization of $570.68 million, a PE ratio of 10.46 and a beta of 1.75. Angi has a twelve month low of $10.88 and a twelve month high of $27.10. The stock has a fifty day moving average of $15.87 and a 200 day moving average of $15.81. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.50.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ANGI shares. KeyCorp decreased their price target on shares of Angi from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Zacks Research cut shares of Angi from a “strong-buy” rating to a “hold” rating in a report on Monday, September 8th. UBS Group raised their price target on shares of Angi from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Wall Street Zen cut shares of Angi from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Royal Bank Of Canada raised their price target on shares of Angi from $17.00 to $20.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $22.21.

Read Our Latest Research Report on ANGI

Angi Company Profile

(Get Free Report)

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.

Featured Articles