Angie's List Receives Consensus Recommendation of “Hold” from Analysts (NASDAQ:ANGI)
Angie's List (NASDAQ:ANGI) has been given an average recommendation of “Hold” by the twenty brokerages that are covering the company, ARN reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $21.71.
A number of research firms have recently commented on ANGI. Analysts at RBC Capital cut their price target on shares of Angie's List from $21.00 to $18.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Angie's List from $26.00 to $20.00 in a research note on Thursday, February 13th. They now have a “positive” rating on the stock. Finally, analysts at Bank of America reiterated a “neutral” rating on shares of Angie's List in a research note on Thursday, February 13th. They now have a $22.00 price target on the stock.
In other Angie's List news, CEO William Seelye Oesterle sold 12,800 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $12.14, for a total transaction of $155,392.00. Following the completion of the transaction, the chief executive officer now directly owns 2,121,658 shares in the company, valued at approximately $25,756,928. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Angie's List (NASDAQ:ANGI) traded up 3.51% during mid-day trading on Thursday, hitting $13.2697. The stock had a trading volume of 3,091,915 shares. Angie's List has a 52-week low of $11.61 and a 52-week high of $28.32. The stock has a 50-day moving average of $12.69 and a 200-day moving average of $14.10. The company’s market cap is $776.4 million.
Angie's List (NASDAQ:ANGI) last released its earnings data on Wednesday, April 23rd. The company reported ($0.06) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.06). The company had revenue of $72.70 million for the quarter, compared to the consensus estimate of $72.35 million. During the same quarter last year, the company posted ($0.14) earnings per share. Angie's List’s revenue was up 39.3% compared to the same quarter last year. Analysts expect that Angie's List will post $-0.11 EPS for the current fiscal year.
Angie’s List, Inc (NASDAQ:ANGI) operates a consumer-driven service for members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.
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