Equities research analysts expect Angie’s List, Inc. (NASDAQ:ANGI) to announce earnings per share of ($0.04) for the current quarter, Zacks reports. Three analysts have made estimates for Angie’s List’s earnings. Angie’s List reported earnings per share of $0.15 in the same quarter last year, which would indicate a negative year-over-year growth rate of 126.7%. The business is expected to announce its next earnings results on Wednesday, February 21st.

On average, analysts expect that Angie’s List will report full year earnings of ($0.23) per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $0.10 per share, with EPS estimates ranging from $0.08 to $0.12. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Angie’s List.

Angie’s List (NASDAQ:ANGI) last issued its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The firm had revenue of $181.70 million during the quarter, compared to the consensus estimate of $184.47 million. During the same quarter in the prior year, the business earned ($0.28) earnings per share. Angie’s List’s revenue for the quarter was up 36.0% on a year-over-year basis.

A number of equities analysts recently issued reports on the company. BidaskClub cut Angie’s List from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Wells Fargo & Company upgraded Angie’s List from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a report on Thursday, October 19th. Zacks Investment Research cut Angie’s List from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Piper Jaffray Companies assumed coverage on Angie’s List in a report on Wednesday, August 16th. They issued an “overweight” rating and a $14.00 target price on the stock. Finally, The Goldman Sachs Group, Inc. assumed coverage on Angie’s List in a report on Wednesday, October 11th. They issued a “buy” rating and a $14.00 target price on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. Angie’s List currently has a consensus rating of “Hold” and an average target price of $12.14.

Shares of Angie’s List (NASDAQ ANGI) traded up $0.11 on Wednesday, hitting $11.86. The company had a trading volume of 242,327 shares, compared to its average volume of 681,538. Angie’s List has a 12 month low of $5.22 and a 12 month high of $13.74. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.08.

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In related news, Director Michael S. Maurer sold 16,500 shares of the stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $12.28, for a total value of $202,620.00. Following the completion of the sale, the director now directly owns 62,563 shares of the company’s stock, valued at approximately $768,273.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael S. Maurer sold 98,578 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $12.20, for a total value of $1,202,651.60. Following the completion of the sale, the director now directly owns 62,563 shares of the company’s stock, valued at $763,268.60. The disclosure for this sale can be found here. Insiders sold a total of 228,719 shares of company stock valued at $2,789,464 over the last three months. 18.20% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new stake in shares of Angie’s List during the 1st quarter valued at $153,000. American International Group Inc. increased its position in shares of Angie’s List by 7.1% during the 1st quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock valued at $140,000 after purchasing an additional 1,621 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Angie’s List by 5.5% during the 1st quarter. Vanguard Group Inc. now owns 4,367,386 shares of the technology company’s stock valued at $24,895,000 after purchasing an additional 228,084 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Angie’s List by 5.6% during the 1st quarter. Geode Capital Management LLC now owns 362,277 shares of the technology company’s stock valued at $2,064,000 after purchasing an additional 19,232 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Angie’s List by 55.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 462,627 shares of the technology company’s stock valued at $2,637,000 after purchasing an additional 164,122 shares during the last quarter. 79.95% of the stock is owned by institutional investors and hedge funds.

Angie’s List Company Profile

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

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Earnings History and Estimates for Angie`s List (NASDAQ:ANGI)

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