ANGI Homeservices (NASDAQ:ANGI) Target Raised by Citigroup Inc to $15.00

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ANGI Homeservices stock has undergone multiple analysts rating changes in the recent past.  ANGI Homeservices stock Target Raised by   Citigroup Inc on 6/30/2020. In a note to investors, the firm issued a new target price of $15.00. The analysts previously had $10.00 target price. Citigroup Inc’s price target would indicate a potential upside of 26.58% from the stock’s previous close.

Shares of ANGI Homeservices traded up $0.13 on Tuesday, reaching $11.98. 2304142 shares of the stock traded hands, compared to its average volume of 2297462. Shares of were trading at $11.98 on Tuesday. The firm’s 50 day moving average is $$10.12 and its 200 day moving average is $7.96.ANGI Homeservices  has a 12 month low of $11.72 and a 12 month high of $14.25. While on yearly highs and lows, ANGI Homeservices today has traded high as $12.21 and has touched $11.72 on the downward trend.

ANGI Homeservices Earnings and What to expect: 

ANGI Homeservices last issued its earnings results on May 6th, 2020. The technology company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business earned $343.65 million during the quarter, compared to analyst estimates of $341.90 million. Its revenue for the quarter was up 13.3% on a year-over-year basis. ANGI Homeservices has generated $0.07 earnings per share over the last year and currently has a price-to-earnings ratio of 392.1. ANGI Homeservices has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Earnings for ANGI Homeservices are expected to grow in the coming year, from ($0.08) to $0.07 per share. The P/E ratio of ANGI Homeservices is 392.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of ANGI Homeservices is 392.13, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.87. ANGI Homeservices has a P/B Ratio of 4.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 17.40%
  • On 6/15/2020 Major Shareholder Luxor Capital Group, Lp Sell 229,934 at average share price of $12.67 which equates to $2,913,263.78 in money value.
  • On 6/11/2020 Major Shareholder Luxor Capital Group, Lp Sell 76,900 at average price of  $11.87 with total value of : Not Data Available
  • On 6/3/2020 Major Shareholder Luxor Capital Group, Lp Sell 33,900 at average price of  $11.83 with total value of : $401,037.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for ANGI Homeservices

  • 6/24/2020 – ANGI Homeservices had its price target raised by analysts at Needham & Company LLC from $13.00 to $17.00. They now have a “buy” rating on the stock.
  • 6/23/2020 – ANGI Homeservices had its price target raised by analysts at BMO Capital Markets from $10.00 to $16.00. They now have an “outperform” rating on the stock.
  • 6/16/2020 – ANGI Homeservices was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock.
  • 6/10/2020 – ANGI Homeservices is now covered by analysts at BTIG Research. They set a “buy” rating and a $16.00 price target on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by Citigroup Inc: 

  • 6/30/2020 – Intercept Pharmaceuticals was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating.
  • 6/30/2020 – Apellis Pharmaceuticals had its price target lowered by analysts at Citigroup Inc from $56.00 to $54.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – DISH Network had its price target raised by analysts at Citigroup Inc from $35.00 to $39.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Extra Space Storage had its price target raised by analysts at Citigroup Inc from $100.00 to $105.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

ANGI Homeservices (NASDAQ:ANGI) Moving Average Technical Analysis

5 day Moving Average is $$12.13 And 5 day price change is -$1.45 (-11.01%)  with average volume for 5 day average is 2,055,299. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $12.29 and 20 day price change is $0.48 (4.21%) and average 20 day moving volume is 2,324,555. 50 day moving average is $10.12  and 50 day price change is $5.85 ( 98.73%)  and with average volume for 50 days is : 2,523,406. 200 day moving average is $7.96  and 200 day price change is $3.79 (47.43%)  and with average volume for 200 days is : 2,089,839.

See More Analyst Rating at: RATING