Brokerages predict that ANGI Homeservices Inc (NASDAQ:ANGI) will report $0.09 earnings per share (EPS) for the current quarter, according to Zacks. Five analysts have provided estimates for ANGI Homeservices’ earnings. ANGI Homeservices reported earnings of ($0.02) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 550%. The business is expected to report its next quarterly earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that ANGI Homeservices will report full year earnings of $0.32 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the business will post earnings of $0.47 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that cover ANGI Homeservices.

ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, August 8th. The technology company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.04. The firm had revenue of $294.80 million for the quarter, compared to analyst estimates of $293.43 million. ANGI Homeservices had a negative net margin of 12.14% and a negative return on equity of 10.01%. The company’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.13) EPS.

Several research analysts have weighed in on the stock. BidaskClub lowered shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Wedbush reiterated an “outperform” rating and issued a $26.00 price objective on shares of ANGI Homeservices in a research note on Wednesday. Zacks Investment Research upgraded shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. Raymond James upped their price objective on shares of ANGI Homeservices from $20.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, October 3rd. Finally, Guggenheim assumed coverage on shares of ANGI Homeservices in a research note on Thursday, June 28th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $19.36.

ANGI Homeservices stock opened at $18.97 on Monday. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of -86.23, a P/E/G ratio of 7.96 and a beta of 1.76. 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 twelve month low of $10.24 and a twelve month high of $23.95.

In other news, Director Bowman Angela R. Hicks sold 26,301 shares of the stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $15.42, for a total transaction of $405,561.42. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bowman Angela R. Hicks sold 10,000 shares of the stock in a transaction on Monday, August 13th. The stock was sold at an average price of $20.00, for a total transaction of $200,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 72,602 shares of company stock worth $1,423,786. 20.30% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in ANGI. Ostrum Asset Management acquired a new position in shares of ANGI Homeservices during the 1st quarter worth $102,000. United Services Automobile Association bought a new stake in shares of ANGI Homeservices during the 2nd quarter worth $135,000. Cubist Systematic Strategies LLC bought a new stake in shares of ANGI Homeservices during the 2nd quarter worth $168,000. The Manufacturers Life Insurance Company boosted its holdings in shares of 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 worth $190,000 after buying an additional 13,753 shares during the period. Finally, Granahan Investment Management Inc. MA bought a new stake in shares of ANGI Homeservices during the 2nd quarter worth $202,000. Institutional investors own 96.64% of the company’s stock.

About ANGI Homeservices

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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