BidaskClub upgraded shares of ANGI Homeservices (NASDAQ:ANGI) from a sell rating to a hold rating in a report published on Friday.

Other equities research analysts have also issued research reports about the stock. Goldman Sachs Group started coverage on shares of ANGI Homeservices in a research note on Wednesday, October 11th. They issued a buy rating and a $14.00 price target on the stock. Zacks Investment Research upgraded shares of ANGI Homeservices from a hold rating to a buy rating and set a $14.00 price target on the stock in a research note on Wednesday, November 1st. Wells Fargo & Co restated a buy rating on shares of ANGI Homeservices in a research note on Tuesday, December 5th. Oppenheimer reiterated a buy rating and set a $14.00 price objective on shares of ANGI Homeservices in a research note on Wednesday, January 3rd. Finally, MKM Partners upgraded shares of ANGI Homeservices from a neutral rating to a buy rating and raised their price objective for the company from $13.00 to $15.00 in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $12.39.

Shares of ANGI Homeservices (ANGI) traded up $0.57 during trading hours on Friday, hitting $12.76. 760,700 shares of the company’s stock traded hands, compared to its average volume of 874,825. ANGI Homeservices has a 12 month low of $5.22 and a 12 month high of $13.74. The firm has a market capitalization of $799.49 and a price-to-earnings ratio of -106.32. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.08.

ANGI Homeservices (NASDAQ:ANGI) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.18). ANGI Homeservices had a negative net margin of 17.04% and a negative return on equity of 25.20%. The firm had revenue of $181.70 million during the quarter, compared to analyst estimates of $184.47 million. During the same quarter in the previous year, the business posted ($0.28) EPS. ANGI Homeservices’s revenue for the quarter was up 36.0% compared to the same quarter last year. sell-side analysts anticipate that ANGI Homeservices will post -0.23 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of ANGI. Capital Research Global Investors acquired a new position in shares of ANGI Homeservices during the second quarter valued at approximately $37,217,000. Stephens Investment Management Group LLC grew its position in ANGI Homeservices by 2,069.8% in the third quarter. Stephens Investment Management Group LLC now owns 2,019,753 shares of the technology company’s stock worth $25,166,000 after buying an additional 1,926,670 shares during the last quarter. RWC Asset Management LLP acquired a new position in ANGI Homeservices in the third quarter worth approximately $6,230,000. Dimensional Fund Advisors LP grew its position in ANGI Homeservices by 31.3% in the second quarter. Dimensional Fund Advisors LP now owns 607,595 shares of the technology company’s stock worth $7,771,000 after buying an additional 144,968 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new position in ANGI Homeservices in the second quarter worth approximately $1,407,000. Institutional investors and hedge funds own 68.65% of the company’s stock.

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About ANGI Homeservices

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 ANGI Homeservices (NASDAQ:ANGI)

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