Angi (ANGI) Scheduled to Post Quarterly Earnings on Monday

Angi (NASDAQ:ANGI) is set to issue its quarterly earnings data before the market opens on Monday, November 11th. Parties interested in listening to the company’s conference call can do so using this link.

Angi (NASDAQ:ANGI) last posted its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. Angi had a negative net margin of 0.68% and a negative return on equity of 0.07%. The firm had revenue of $315.13 million during the quarter, compared to the consensus estimate of $305.06 million. During the same quarter in the previous year, the firm posted ($0.03) earnings per share.

Angi Trading Down 1.3 %

Angi stock opened at $2.35 on Monday. The company has a 50 day moving average price of $2.56 and a 200-day moving average price of $2.31. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.48. Angi has a fifty-two week low of $1.55 and a fifty-two week high of $3.10.

Analysts Set New Price Targets

Several analysts have recently weighed in on ANGI shares. JMP Securities assumed coverage on shares of Angi in a report on Tuesday, July 9th. They set an “outperform” rating and a $3.25 price objective on the stock. UBS Group raised shares of Angi to a “hold” rating in a report on Monday, October 28th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $3.78.

About Angi

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.