Angie’s List (NASDAQ:ANGI)‘s stock had its “buy” rating reissued by stock analysts at Wells Fargo & Company in a research note issued on Tuesday.

ANGI has been the subject of a number of other research reports. Piper Jaffray Companies assumed coverage on shares of Angie’s List in a report on Wednesday, August 16th. They set an “overweight” rating and a $14.00 price objective for the company. Zacks Investment Research upgraded shares of Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Wednesday, November 1st. BidaskClub upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. CIBC initiated coverage on shares of Angie’s List in a research note on Thursday, October 5th. They issued an “outperform” rating and a $14.00 target price for the company. Finally, Evercore ISI initiated coverage on shares of Angie’s List in a research note on Tuesday. They issued an “in-line” rating and a $12.00 target price for the company. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $12.13.

Shares of Angie’s List (NASDAQ ANGI) traded down $0.07 during mid-day trading on Tuesday, hitting $11.02. 601,100 shares of the stock traded hands, compared to its average volume of 671,544. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.57 and a quick ratio of 0.57. Angie’s List has a 52 week low of $5.22 and a 52 week high of $13.74.

Angie’s List (NASDAQ:ANGI) last announced its earnings results on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.18). Angie’s List had a negative net margin of 17.04% and a negative return on equity of 25.20%. The firm had revenue of $181.70 million during the quarter, compared to analysts’ expectations of $184.47 million. During the same quarter in the prior year, the company earned ($0.28) EPS. The business’s revenue for the quarter was up 36.0% on a year-over-year basis. equities research analysts anticipate that Angie’s List will post -0.23 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in ANGI. BB&T Securities LLC bought a new position in shares of Angie’s List in the third quarter valued at approximately $142,000. Brown Advisory Inc. bought a new position in shares of Angie’s List in the third quarter valued at approximately $147,000. SG Americas Securities LLC bought a new position in shares of Angie’s List in the third quarter valued at approximately $160,000. Metropolitan Life Insurance Co. NY boosted its position in shares of Angie’s List by 11.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 30,591 shares of the technology company’s stock valued at $174,000 after acquiring an additional 3,264 shares during the period. Finally, Harvest Management LLC bought a new position in shares of Angie’s List in the second quarter valued at approximately $192,000. Institutional investors own 68.65% of the company’s stock.

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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.

Analyst Recommendations for Angie`s List (NASDAQ:ANGI)

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