Angi (ANGI) Expected to Announce Quarterly Earnings on Tuesday

Angi (NASDAQ:ANGI) is anticipated to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $267.00 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Angi (NASDAQ:ANGI) last released its earnings results on Monday, November 11th. The technology company reported $0.07 EPS for the quarter. Angi had a net margin of 2.61% and a return on equity of 3.79%. The company had revenue of $296.72 million for the quarter, compared to analyst estimates of $295.90 million. During the same quarter last year, the firm earned ($0.01) EPS. On average, analysts expect Angi to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Angi Trading Down 3.3 %

NASDAQ ANGI opened at $1.74 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.46. Angi has a 1-year low of $1.49 and a 1-year high of $3.10. The stock has a 50-day moving average of $1.77 and a 200-day moving average of $2.20. The firm has a market cap of $865.25 million, a PE ratio of 24.86 and a beta of 1.86.

Analyst Ratings Changes

A number of research firms recently commented on ANGI. UBS Group upgraded shares of Angi to a “hold” rating in a report on Monday, October 28th. KeyCorp lowered their target price on Angi from $3.00 to $2.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. JMP Securities reissued a “market outperform” rating and set a $3.00 price objective on shares of Angi in a research note on Monday, December 16th. Citigroup increased their target price on Angi from $1.70 to $2.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Benchmark reduced their price target on shares of Angi from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Angi presently has an average rating of “Hold” and a consensus target price of $3.11.

Angi Company Profile

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.