Angie’s List Inc. (ANGI) Trading 3.8% Higher
Shares of Angie’s List Inc. (NASDAQ:ANGI) traded up 3.8% on Tuesday . The company traded as high as $10.11 and last traded at $10.10, with a volume of 238,718 shares changing hands. The stock had previously closed at $9.73.
A number of brokerages recently commented on ANGI. Raymond James Financial Inc. upgraded Angie’s List from a “market perform” rating to an “outperform” rating and set a $12.00 price objective for the company in a research report on Friday, August 19th. Zacks Investment Research lowered Angie’s List from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. TheStreet upgraded Angie’s List from a “sell” rating to a “hold” rating in a research report on Wednesday, July 27th. Finally, Pacific Crest reiterated a “hold” rating on shares of Angie’s List in a research report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. Angie’s List presently has a consensus rating of “Hold” and an average target price of $9.37.
The stock has a 50-day moving average price of $7.89 and a 200 day moving average price of $8.21. The company has a market cap of $588.39 million and a PE ratio of 40.53.
Angie’s List (NASDAQ:ANGI) last released its earnings results on Wednesday, July 27th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.12. During the same quarter in the previous year, the company posted ($0.14) earnings per share. The company had revenue of $83.10 million for the quarter, compared to the consensus estimate of $86.21 million. The business’s revenue was down 4.9% compared to the same quarter last year. On average, equities analysts expect that Angie’s List Inc. will post $0.10 EPS for the current year.
A hedge fund recently raised its stake 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 Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.
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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