|Bid||12.520 x 300|
|Ask||12.550 x 200|
|Day's Range||12.496 - 12.590|
|52 Week Range||5.220 - 12.790|
|PE Ratio (TTM)||-597.38|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Angie’s List (ANGI:Nasdaq) By MKM Partners ($11.70, June 15, 2017) We are introducing a pro-forma outlook for the HomeAdvisor combination and updating our estimates for Angie’s List. Deal closure, expected in the fourth quarter, will form a new publicly traded company. The market seems to agree with shares up 100% (versus the Nasdaq Composite Index up 2%) since the deal announcement for an implied market cap of about $5.4 billion.
Shares of the home-based recommendation site soared after Angie's List agreed to an acquisition-merger-spinoff deal with IAC Interactive.
Angie's List (ANGI) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.