Angi (ANGI) Expected to Announce 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. Investors that wish to register for the company’s conference call can do so using this link.

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

Angi Stock Performance

Shares of ANGI opened at $1.74 on Tuesday. The firm has a market cap of $865.25 million, a P/E ratio of 24.86 and a beta of 1.86. Angi has a twelve month low of $1.49 and a twelve month high of $3.10. The firm’s 50 day moving average price is $1.77 and its two-hundred day moving average price is $2.20. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.05 and a current ratio of 2.05.

Wall Street Analyst Weigh In

Several analysts have issued reports on ANGI shares. JMP Securities reissued a “market outperform” rating and issued a $3.00 price target on shares of Angi in a research note on Monday, December 16th. Citigroup raised their price objective on Angi from $1.70 to $2.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Angi in a report on Wednesday, December 18th. KeyCorp reduced their price target on Angi from $3.00 to $2.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Finally, UBS Group raised shares of Angi to a “hold” rating in a report on Monday, October 28th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Angi currently has an average rating of “Hold” and an average target price of $3.11.

About Angi

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.