Equities analysts predict that Angie’s List, Inc. (NASDAQ:ANGI) will announce earnings per share (EPS) of ($0.06) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Angie’s List’s earnings, with the lowest EPS estimate coming in at ($0.11) and the highest estimate coming in at ($0.03). Angie’s List reported earnings per share of $0.08 in the same quarter last year, which would indicate a negative year over year growth rate of 175%. The business is expected to report its next earnings report before the market opens on Wednesday, July 26th.

According to Zacks, analysts expect that Angie’s List will report full-year earnings of ($0.03) per share for the current year, with EPS estimates ranging from ($0.15) to $0.09. For the next fiscal year, analysts anticipate that the company will report earnings of $0.02 per share, with EPS estimates ranging from ($0.06) to $0.15. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Angie’s List.

Angie’s List (NASDAQ:ANGI) last released its earnings results on Tuesday, May 2nd. The technology company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.08. Angie’s List had a negative net margin of 0.35% and a negative return on equity of 41.36%. The company had revenue of $73.13 million for the quarter, compared to analysts’ expectations of $74.48 million.

ANGI has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Angie’s List from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 24th. BidaskClub lowered shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Loop Capital lowered shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Cowen and Company reiterated a “hold” rating and issued a $8.50 target price on shares of Angie’s List in a research report on Friday, July 14th. Finally, ValuEngine upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. Angie’s List presently has an average rating of “Hold” and a consensus target price of $10.54.

A number of institutional investors have recently modified their holdings of the company. Segall Bryant & Hamill LLC increased its position in shares of Angie’s List by 131.5% in the first quarter. Segall Bryant & Hamill LLC now owns 991,090 shares of the technology company’s stock worth $5,649,000 after buying an additional 562,911 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Angie’s List during the first quarter worth approximately $1,327,000. Vanguard Group Inc. increased its position in shares of Angie’s List by 5.5% in the first quarter. Vanguard Group Inc. now owns 4,367,386 shares of the technology company’s stock worth $24,895,000 after buying an additional 228,084 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Angie’s List by 55.0% in the first quarter. Dimensional Fund Advisors LP now owns 462,627 shares of the technology company’s stock worth $2,637,000 after buying an additional 164,122 shares during the period. Finally, State of Wisconsin Investment Board increased its position in shares of Angie’s List by 245.9% in the first quarter. State of Wisconsin Investment Board now owns 223,341 shares of the technology company’s stock worth $1,273,000 after buying an additional 158,780 shares during the period. 71.48% of the stock is currently owned by institutional investors.

Angie’s List (NASDAQ ANGI) traded down 0.79% on Tuesday, hitting $12.50. 43,801 shares of the company were exchanged. The firm’s 50 day moving average is $12.38 and its 200 day moving average is $8.62. The company’s market capitalization is $748.33 million. Angie’s List has a 52 week low of $5.22 and a 52 week high of $13.13.

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About Angie’s List

Angie’s List, Inc operates a national local services consumer review service and marketplace. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. Its tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States.

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Earnings History and Estimates for Angie`s List (NASDAQ:ANGI)

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