Angi (ANGI) Set to Announce Earnings on Monday

Angi (NASDAQ:ANGI - Get Free Report) will be posting its quarterly earnings results before the market opens on Monday, November 11th. Persons that wish to listen to the company's earnings conference call can do so using this link.

Angi (NASDAQ:ANGI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. Angi had a negative return on equity of 0.07% and a negative net margin of 0.68%. The company had revenue of $315.13 million during the quarter, compared to analyst estimates of $305.06 million. During the same period in the previous year, the business earned ($0.03) EPS.

Angi Price Performance

NASDAQ:ANGI traded up $0.11 during trading hours on Monday, hitting $2.46. 263,501 shares of the stock were exchanged, compared to its average volume of 708,364. Angi has a 52-week low of $1.60 and a 52-week high of $3.10. The firm's fifty day moving average price is $2.56 and its 200 day moving average price is $2.32. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.23 billion, a P/E ratio of -246.00 and a beta of 1.95.

Analyst Upgrades and Downgrades

Several research firms have commented on ANGI. UBS Group upgraded Angi to a "hold" rating in a research note on Monday, October 28th. JMP Securities started coverage on Angi in a report on Tuesday, July 9th. They set an "outperform" rating and a $3.25 target price on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus 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.