Wall Street analysts expect ANGI Homeservices Inc (NASDAQ:ANGI) to post earnings of $0.04 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for ANGI Homeservices’ earnings. ANGI Homeservices reported earnings of ($0.02) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 300%. The business is expected to issue its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that ANGI Homeservices will report full-year earnings of $0.12 per share for the current year, with EPS estimates ranging from $0.11 to $0.12. For the next fiscal year, analysts anticipate that the business will report earnings of $0.23 per share, with EPS estimates ranging from $0.18 to $0.26. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for ANGI Homeservices.

ANGI Homeservices (NASDAQ:ANGI) last issued its earnings results on Wednesday, August 8th. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. The company had revenue of $294.80 million during the quarter, compared to analyst estimates of $293.43 million. ANGI Homeservices had a negative return on equity of 10.01% and a negative net margin of 12.14%. The business’s revenue was up 63.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.13) EPS.

Several research analysts have recently commented on ANGI shares. Zacks Investment Research lowered ANGI Homeservices from a “hold” rating to a “sell” rating in a research report on Monday, June 11th. Deutsche Bank started coverage on ANGI Homeservices in a research report on Wednesday, May 30th. They issued a “buy” rating for the company. ValuEngine upgraded ANGI Homeservices from a “hold” rating to a “buy” rating in a research report on Friday, June 1st. Deutsche Bank started coverage on ANGI Homeservices in a research report on Wednesday, May 30th. They issued a “buy” rating and a $18.00 target price for the company. Finally, BidaskClub upgraded ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research report on Friday, July 6th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.90.

Shares of ANGI traded up $0.25 during mid-day trading on Tuesday, hitting $21.59. The stock had a trading volume of 930,440 shares, compared to its average volume of 846,101. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -98.14, a PEG ratio of 7.51 and a beta of 1.78. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.24. ANGI Homeservices has a fifty-two week low of $10.24 and a fifty-two week high of $22.51.

In related news, Director Bowman Angela R. Hicks sold 26,301 shares of the firm’s stock in a transaction that occurred on Wednesday, August 1st. The stock was sold at an average price of $15.42, for a total value of $405,561.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Bowman Angela R. Hicks sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $20.00, for a total value of $200,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 62,602 shares of company stock worth $1,012,175. Company insiders own 20.30% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ostrum Asset Management bought a new stake in ANGI Homeservices during the 1st quarter valued at $102,000. United Services Automobile Association bought a new stake in ANGI Homeservices during the 2nd quarter valued at $135,000. Cubist Systematic Strategies LLC bought a new stake in ANGI Homeservices during the 2nd quarter valued at $168,000. The Manufacturers Life Insurance Company raised its stake in ANGI Homeservices by 6,005.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 13,982 shares of the technology company’s stock valued at $190,000 after acquiring an additional 13,753 shares in the last quarter. Finally, Granahan Investment Management Inc. MA bought a new stake in ANGI Homeservices during the 2nd quarter valued at $202,000. 96.69% of the stock is currently owned by institutional investors and hedge funds.

ANGI Homeservices Company Profile

ANGI Homeservices Inc owns and operates the HomeAdvisor digital marketplace service to connect consumers with service professionals for home repair, maintenance, and improvement projects. The company operates through two segments, North America and Europe. Its marketplace provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals, as well as book appointments with those professionals online or connect with them by telephone; and offers several home services-related resources.

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