Angie’s List Inc. (ANGI) Trading Up 3.8%
Angie’s List Inc. (NASDAQ:ANGI) shares were up 3.8% during trading on Tuesday . The company traded as high as $10.11 and last traded at $10.10, with a volume of 238,718 shares trading hands. The stock had previously closed at $9.73.
A number of research analysts have commented on ANGI shares. Zacks Investment Research lowered Angie’s List from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 10th. Raymond James Financial Inc. raised Angie’s List from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a research note on Friday. TheStreet raised Angie’s List from a “sell” rating to a “hold” rating in a research note on Wednesday, July 27th. Finally, Pacific Crest reissued a “hold” rating on shares of Angie’s List in a research note on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. Angie’s List currently has an average rating of “Hold” and an average target price of $9.37.
The firm has a market cap of $586.62 million and a price-to-earnings ratio of 40.40. The company has a 50 day moving average of $7.73 and a 200 day moving average of $8.20.
Angie’s List (NASDAQ:ANGI) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.12. The firm had revenue of $83.10 million for the quarter, compared to analyst estimates of $86.21 million. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.14) earnings per share. On average, analysts expect that Angie’s List Inc. will post $0.07 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Angie’s List stock. Schwab Charles Investment Management Inc. boosted its stake in shares of Angie’s List Inc. (NASDAQ:ANGI) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,930 shares of the company’s stock after buying an additional 3,380 shares during the period. Schwab Charles Investment Management Inc. owned about 0.25% of Angie’s List worth $1,346,000 at the end of the most recent reporting period.
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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