-$0.04 EPS Expected for Angie’s List, Inc. (ANGI) This Quarter
Equities research analysts forecast that Angie’s List, Inc. (NASDAQ:ANGI) will post ($0.04) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Angie’s List’s earnings. Angie’s List posted earnings per share of $0.15 in the same quarter last year, which suggests a negative year over year growth rate of 126.7%. The company is expected to issue its next earnings results on Wednesday, February 21st.
According to Zacks, analysts expect that Angie’s List will report full-year earnings of ($0.23) per share for the current financial year. For the next year, analysts expect that the firm will report earnings of $0.10 per share, with EPS estimates ranging from $0.08 to $0.12. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Angie’s List.
Angie’s List (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The company had revenue of $181.70 million for the quarter, compared to analysts’ expectations of $184.47 million. During the same quarter last year, the company earned ($0.28) earnings per share. The company’s revenue for the quarter was up 36.0% compared to the same quarter last year.
Shares of Angie’s List (ANGI) traded up $0.29 during mid-day trading on Wednesday, hitting $11.86. The stock had a trading volume of 1,025,400 shares, compared to its average volume of 685,675. 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.
ILLEGAL ACTIVITY WARNING: “-$0.04 EPS Expected for Angie’s List, Inc. (ANGI) This Quarter” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/11/15/0-04-eps-expected-for-angies-list-inc-angi-this-quarter.html.
In related news, insider Shannon Shaw sold 87,745 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $12.00, for a total value of $1,052,940.00. Following the sale, the insider now owns 28,668 shares in the company, valued at approximately $344,016. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael S. Maurer sold 98,578 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $12.20, for a total value of $1,202,651.60. Following the completion of the sale, the director now owns 62,563 shares in the company, valued at approximately $763,268.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 316,464 shares of company stock valued at $3,842,404. 18.20% of the stock is owned by company insiders.
A number of large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new position in shares of Angie’s List in the 1st quarter worth $153,000. American International Group Inc. raised its position in shares of Angie’s List by 7.1% in the 1st quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock worth $140,000 after buying an additional 1,621 shares during the period. Vanguard Group Inc. raised its position in shares of Angie’s List by 5.5% in the 1st 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. Geode Capital Management LLC raised its position in shares of Angie’s List by 5.6% in the 1st quarter. Geode Capital Management LLC now owns 362,277 shares of the technology company’s stock worth $2,064,000 after buying an additional 19,232 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Angie’s List by 55.0% in the 1st 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. Hedge funds and other institutional investors own 79.95% of the company’s stock.
About Angie’s List
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Angie's List Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angie's List Inc. and related companies with MarketBeat.com's FREE daily email newsletter.