Evercore ISI started coverage on shares of Angie’s List (NASDAQ:ANGI) in a research report released on Tuesday. The brokerage issued an in-line rating and a $12.00 price objective on the technology company’s stock.

A number of other brokerages also recently issued reports on ANGI. Goldman Sachs Group initiated coverage on shares of Angie’s List in a research report on Wednesday, October 11th. They issued a buy rating and a $14.00 price objective for the company. Zacks Investment Research raised shares of Angie’s List from a strong sell rating to a hold rating in a research report on Monday, October 16th. Oppenheimer reaffirmed an outperform rating and issued a $14.00 price objective on shares of Angie’s List in a research report on Thursday, October 5th. BidaskClub raised shares of Angie’s List from a strong sell rating to a sell rating in a research report on Saturday, August 19th. Finally, Wells Fargo & Company raised shares of Angie’s List from a market perform rating to an outperform rating and set a $14.00 price objective for the company in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $12.13.

Shares of Angie’s List (ANGI) traded down $0.07 during mid-day trading on Tuesday, reaching $11.02. 601,100 shares of the company’s stock were exchanged, compared to its average volume of 671,544. Angie’s List has a twelve month low of $5.22 and a twelve month high of $13.74. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.08.

Angie’s List (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.18). Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The firm had revenue of $181.70 million during the quarter, compared to the consensus estimate of $184.47 million. During the same period in the previous year, the company posted ($0.28) earnings per share. The company’s revenue for the quarter was up 36.0% on a year-over-year basis. equities analysts expect that Angie’s List will post -0.23 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in ANGI. Capital Research Global Investors bought a new position in shares of Angie’s List during the 2nd quarter valued at approximately $37,217,000. Stephens Investment Management Group LLC grew its position in shares of Angie’s List by 2,069.8% during the 3rd quarter. Stephens Investment Management Group LLC now owns 2,019,753 shares of the technology company’s stock valued at $25,166,000 after acquiring an additional 1,926,670 shares during the period. Davis Selected Advisers boosted its holdings in Angie’s List by 36.9% in the 2nd quarter. Davis Selected Advisers now owns 4,524,585 shares of the technology company’s stock worth $57,869,000 after buying an additional 1,218,944 shares during the period. RWC Asset Management LLP bought a new position in Angie’s List in the 3rd quarter worth approximately $6,230,000. Finally, Vanguard Group Inc. boosted its holdings in Angie’s List by 5.5% in the 1st quarter. Vanguard Group Inc. now owns 4,367,386 shares of the technology company’s stock worth $24,895,000 after buying an additional 228,084 shares during the period. 68.65% of the stock is owned by hedge funds and other institutional investors.

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Angie’s List Company Profile

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

Analyst Recommendations for Angie`s List (NASDAQ:ANGI)

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