ANGI Homeservices Inc. (NASDAQ:ANGI) has earned a consensus recommendation of “Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $13.61.
Several equities research analysts have issued reports on the stock. Oppenheimer reissued a “buy” rating and issued a $14.00 price objective on shares of ANGI Homeservices in a research report on Wednesday, January 3rd. BidaskClub cut shares of ANGI Homeservices from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. BMO Capital Markets started coverage on shares of ANGI Homeservices in a research report on Tuesday, February 6th. They issued an “outperform” rating and a $16.00 price target for the company. MKM Partners raised shares of ANGI Homeservices from a “neutral” rating to a “buy” rating and upped their price target for the stock from $13.00 to $15.00 in a research report on Wednesday, January 3rd. They noted that the move was a valuation call. Finally, Wells Fargo & Co reaffirmed a “buy” rating and issued a $15.00 price target on shares of ANGI Homeservices in a research report on Thursday, February 8th.
Shares of ANGI Homeservices (NASDAQ:ANGI) opened at $15.17 on Wednesday. The stock has a market cap of $974.93, a PE ratio of -38.90, a price-to-earnings-growth ratio of 5.53 and a beta of 1.36. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.53 and a quick ratio of 0.57. ANGI Homeservices has a 52-week low of $5.22 and a 52-week high of $15.77.
In other ANGI Homeservices news, major shareholder Luxor Capital Group, Lp purchased 3,087,280 shares of the stock in a transaction dated Thursday, March 1st. The stock was purchased at an average price of $14.90 per share, with a total value of $46,000,472.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders bought a total of 4,005,217 shares of company stock valued at $59,932,663 in the last ninety days. Corporate insiders own 18.20% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. D.A. Davidson & CO. bought a new position in shares of ANGI Homeservices during the 4th quarter worth approximately $119,000. Teacher Retirement System of Texas bought a new position in shares of ANGI Homeservices during the 4th quarter worth approximately $134,000. BB&T Securities LLC bought a new position in shares of ANGI Homeservices during the 3rd quarter worth approximately $142,000. Brown Advisory Inc. bought a new position in shares of ANGI Homeservices during the 3rd quarter worth approximately $147,000. Finally, SG Americas Securities LLC bought a new position in shares of ANGI Homeservices during the 3rd quarter worth approximately $160,000. Hedge funds and other institutional investors own 93.67% 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.
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