Angi (ANGI) Set to Announce Quarterly Earnings on Monday

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

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

Angi Stock Down 3.8 %

Shares of NASDAQ ANGI opened at $2.51 on Friday. Angi has a 12-month low of $1.60 and a 12-month high of $3.10. The firm’s 50-day simple moving average is $2.55 and its 200 day simple moving average is $2.33. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -251.00 and a beta of 1.95.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Angi to a “hold” rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Angi has an average rating of “Moderate Buy” and an average price target of $3.78.

Angi Company Profile

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.