Angi (NASDAQ:ANGI - Get Free Report) posted its earnings results on Tuesday. The technology company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01), Zacks reports. Angi had a return on equity of 4.99% and a net margin of 4.69%.
Angi Stock Performance
Shares of ANGI stock traded down $0.62 during midday trading on Tuesday, hitting $15.67. 1,568,054 shares of the company were exchanged, compared to its average volume of 827,671. The firm has a market capitalization of $752.00 million, a P/E ratio of 14.25 and a beta of 1.70. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 2.15. The firm's 50 day moving average price is $16.10 and its two-hundred day moving average price is $15.71. Angi has a 52 week low of $10.88 and a 52 week high of $29.15.
Analyst Ratings Changes
Several equities research analysts have weighed in on ANGI shares. JMP Securities reiterated a "market perform" rating on shares of Angi in a report on Monday, June 16th. Wall Street Zen lowered shares of Angi from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 5th. UBS Group cut their target price on shares of Angi from $24.00 to $20.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Citigroup lowered shares of Angi from a "buy" rating to a "market perform" rating in a report on Monday, June 16th. Finally, Citizens Jmp lowered shares of Angi from an "outperform" rating to a "market perform" rating in a report on Monday, June 16th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $21.36.
Read Our Latest Research Report on ANGI
About Angi
(
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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.
Further Reading
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