Angie’s List (ANGI) Earning Somewhat Favorable News Coverage, Accern Reports

Press coverage about Angie’s List (NASDAQ:ANGI) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Angie’s List earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.0189914488942 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Angie’s List (NASDAQ ANGI) opened at $10.55 on Wednesday. Angie’s List has a fifty-two week low of $5.22 and a fifty-two week high of $13.74. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.08.

Angie’s List (NASDAQ:ANGI) last announced its quarterly earnings results 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 net margin of 17.04% and a negative return on equity of 25.20%. The company had revenue of $181.70 million during the quarter, compared to analysts’ expectations of $184.47 million. During the same quarter in the prior year, the business posted ($0.28) earnings per share. The company’s revenue was up 36.0% compared to the same quarter last year. analysts anticipate that Angie’s List will post -0.23 EPS for the current year.

ANGI has been the topic of several research reports. Zacks Investment Research upgraded Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Wednesday, November 1st. Wells Fargo & Company restated a “buy” rating on shares of Angie’s List in a report on Tuesday, December 5th. Goldman Sachs Group initiated coverage on Angie’s List in a report on Wednesday, October 11th. They set a “buy” rating and a $14.00 price objective on the stock. BidaskClub upgraded Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Finally, Evercore ISI initiated coverage on Angie’s List in a report on Tuesday, December 5th. They set an “in-line” rating and a $12.00 price objective on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $12.13.

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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.

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