Angie's List Given Average Recommendation of “Hold” by Analysts (NASDAQ:ANGI)
Shares of Angie's List (NASDAQ:ANGI) have earned a consensus recommendation of “Hold” from the nineteen brokerages that are covering the company, AnalystRatings.Net reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $15.36.
Angie's List (NASDAQ:ANGI) traded down 0.64% on Wednesday, hitting $7.75. 35,281 shares of the company’s stock traded hands. Angie's List has a 52-week low of $7.52 and a 52-week high of $25.18. The stock’s 50-day moving average is $8.49 and its 200-day moving average is $11.10. The company’s market cap is $453.5 million.
Angie's List (NASDAQ:ANGI) last announced its earnings results on Wednesday, July 23rd. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by $0.07. The company had revenue of $78.90 million for the quarter, compared to the consensus estimate of $80.19 million. During the same quarter in the previous year, the company posted ($0.25) earnings per share. The company’s revenue for the quarter was up 33.3% on a year-over-year basis. Analysts expect that Angie's List will post $-0.28 EPS for the current fiscal year.
A number of analysts have recently weighed in on ANGI shares. Analysts at Zacks upgraded shares of Angie's List from an “underperform” rating to a “neutral” rating in a research note on Friday, August 22nd. They now have a $8.30 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Angie's List in a research note on Thursday, July 24th. They now have a $7.00 price target on the stock, down previously from $13.00.
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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