News headlines about Angie’s List (NASDAQ:ANGI) have trended somewhat negative recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Angie’s List earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 43.48055769676 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- Middle-Class Chinese Say A $1,000 IPhone Is “Too Expensive” (talkmarkets.com)
- Ask Angie’s List: Why are property lines so important? (4-traders.com)
- Wells Fargo, BofA Prepared to Send Mobile ATMs in Irma’s Wake (bloomberg.com)
- Angie’s List to lay off 230 employees following merger (wishtv.com)
- Angie’s List: How to stay safe when modern homes burn (ktbs.com)
Angie’s List (NASDAQ:ANGI) opened at 12.54 on Tuesday. Angie’s List has a 1-year low of $5.22 and a 1-year high of $13.28. The company has a 50 day moving average price of $12.02 and a 200 day moving average price of $9.88. The firm’s market cap is $763.41 million.
Angie’s List (NASDAQ:ANGI) last issued its quarterly earnings results on Wednesday, July 26th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.10. The business had revenue of $72.80 million during the quarter, compared to analyst estimates of $73.87 million. Angie’s List had a negative net margin of 4.62% and a negative return on equity of 392.52%. The company’s revenue for the quarter was down 12.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 earnings per share. On average, equities research analysts forecast that Angie’s List will post ($0.07) earnings per share for the current year.
ANGI has been the subject of several analyst reports. Zacks Investment Research downgraded Angie’s List from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. ValuEngine raised Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub raised Angie’s List from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Cowen and Company reaffirmed a “hold” rating and issued a $8.50 target price on shares of Angie’s List in a research report on Friday, July 14th. Finally, Piper Jaffray Companies initiated coverage on Angie’s List in a research report on Wednesday, August 16th. They issued an “overweight” rating and a $14.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $10.65.
In other news, insider Bowman Angela R. Hicks sold 300,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $11.96, for a total value of $3,588,000.00. Following the sale, the insider now directly owns 670,413 shares of the company’s stock, valued at $8,018,139.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO J Mark Howell sold 134,901 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $11.62, for a total value of $1,567,549.62. Following the completion of the sale, the chief operating officer now directly owns 125,416 shares in the company, valued at $1,457,333.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 831,364 shares of company stock worth $9,936,056. 18.20% of the stock is currently owned by company insiders.
About Angie’s List
Angie’s List, Inc operates a national local services consumer review service and marketplace. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. Its tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States.
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