Angie’s List Inc. (ANGI) Shares Up 1.8%
Angie’s List Inc. (NASDAQ:ANGI) shares shot up 1.8% on Wednesday . The company traded as high as $8.63 and last traded at $8.60, with a volume of 347,573 shares changing hands. The stock had previously closed at $8.45.
Several research analysts recently commented on ANGI shares. Pacific Crest reiterated a “hold” rating on shares of Angie’s List in a report on Thursday, July 28th. Zacks Investment Research downgraded shares of Angie’s List from a “hold” rating to a “strong sell” rating in a report on Monday, April 25th. TheStreet upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a report on Wednesday, July 27th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Angie’s List in a report on Wednesday, April 20th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company’s stock. Angie’s List has an average rating of “Hold” and an average target price of $9.04.
The firm has a market cap of $506.10 million and a price-to-earnings ratio of 34.86. The firm’s 50 day moving average is $7.48 and its 200 day moving average is $8.19.
Angie’s List (NASDAQ:ANGI) last announced its earnings results on Wednesday, July 27th. The company reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. During the same quarter in the previous year, the company posted ($0.14) EPS. The business had revenue of $83.10 million for the quarter, compared to analyst estimates of $86.21 million. The business’s revenue for the quarter was down 4.9% compared to the same quarter last year. Equities research analysts anticipate that Angie’s List Inc. will post $0.07 earnings per share for the current year.
An institutional investor recently raised its position in Angie’s List stock. Dimensional Fund Advisors LP raised its stake in Angie’s List Inc. (NASDAQ:ANGI) by 1.5% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 256,706 shares of the company’s stock after buying an additional 3,900 shares during the period. Dimensional Fund Advisors LP owned approximately 0.44% of Angie’s List worth $2,401,000 as of its most recent SEC filing.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.