ANGI Homeservices (ANGI) Receiving Somewhat Favorable Press Coverage, Analysis Finds
Media coverage about ANGI Homeservices (NASDAQ:ANGI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ANGI Homeservices earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.821826234305 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern’s scoring:
- 2017 TOP STORIES: Angie’s List becomes part of ANGI (ibj.com)
- Zacks Investment Research Downgrades ANGI Homeservices (ANGI) to Strong Sell (americanbankingnews.com)
- ANGI Homeservices Inc. (ANGI) Expected to Announce Quarterly Sales of $225.82 Million (americanbankingnews.com)
- BidaskClub Upgrades ANGI Homeservices (ANGI) to Hold (americanbankingnews.com)
Several research firms have recently commented on ANGI. BidaskClub upgraded shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. Zacks Investment Research upgraded shares of ANGI Homeservices from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Wednesday, November 1st. Wells Fargo & Co upgraded shares of ANGI Homeservices from a “market perform” rating to an “outperform” rating and set a $14.00 target price for the company in a research note on Thursday, October 19th. CIBC began coverage on shares of ANGI Homeservices in a research note on Thursday, October 5th. They issued an “outperform” rating and a $14.00 target price for the company. Finally, Evercore ISI began coverage on shares of ANGI Homeservices in a research note on Tuesday, December 5th. They issued an “in-line” rating and a $12.00 target price for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $12.13.
ANGI Homeservices (NASDAQ:ANGI) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.18). ANGI Homeservices had a negative net margin of 17.04% and a negative return on equity of 25.20%. The company had revenue of $181.70 million during the quarter, compared to analyst estimates of $184.47 million. During the same quarter last year, the business earned ($0.28) EPS. The firm’s revenue for the quarter was up 36.0% on a year-over-year basis. research analysts forecast that ANGI Homeservices will post -0.23 EPS for the current fiscal year.
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About ANGI Homeservices
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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