Angie’s List Inc. (ANGI) Trading 5.8% Higher
Angie’s List Inc. (NASDAQ:ANGI)’s share price traded up 5.8% during trading on Monday . The stock traded as high as $7.48 and last traded at $7.35, with a volume of 370,022 shares trading hands. The stock had previously closed at $6.95.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Angie’s List from a “hold” rating to a “strong sell” rating in a research note on Monday, April 25th. Pacific Crest restated an “equal weight” rating on shares of Angie’s List in a research note on Thursday, April 21st. Finally, Needham & Company LLC restated a “hold” rating on shares of Angie’s List in a research note on Wednesday, April 20th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $8.51.
The company has a market capitalization of $477.87 million and a P/E ratio of 291.0750. The stock’s 50-day moving average price is $7.21 and its 200 day moving average price is $8.20.
Angie’s List (NASDAQ:ANGI) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.12. The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $86.21 million. The company’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.14) EPS. Equities analysts anticipate that Angie’s List Inc. will post $0.09 EPS for the current year.
An institutional investor recently raised its position in Angie’s List stock. Dimensional Fund Advisors LP raised its position in Angie’s List Inc. (NASDAQ:ANGI) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 256,706 shares of the company’s stock after buying an additional 3,900 shares during the period. Dimensional Fund Advisors LP owned about 0.44% of Angie’s List worth $2,401,000 as of its most recent filing with the SEC.
Angie’s List, Inc operates a national local services consumer review service and marketplace. The Company’s tools, services and content across multiple platforms enable consumers to research, shop for and purchase local services for needs, such as home, health and automotive services. The Company also reviews the providers of these services in over 250 markets in the United States.
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