|Bid||0.00 x 3100|
|Ask||0.00 x 2900|
|Day's Range||7.61 - 7.79|
|52 Week Range||6.39 - 19.30|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||54.71|
|Earnings Date||Feb 5, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.27|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of IAC/InterActiveCorp and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Walking through HomeAdvisor’s River North Art District headquarters, it’s hard not to be impressed by the wallpaper. Yes, there’s a slide. There’s a table with living plants growing out of it. There’s even a meeting room hidden behind a bookcase.
“Challenges can be uncomfortable and can seem risky, but if you have a good support system of advisors and mentors, the risk can be managed and worked through.”
To understand how Brandon Ridenour gets so much done as CEO at ANGI Homeservices (Nasdaq: ANGI), you only need to ask him about advice he got as a youngster. At HomeAdvisor he was chief product officer and chief technology officer leading up to its acquisition of Angie’s List in 2017.
HomeAdvisor is going the way of other consumer tech companies before it, offering on-demand, fixed-price home services on 133 different tasks. The Denver-based company, a subsidiary of Denver-based Angi Homeservices (Nasdaq: ANGI) announced Wednesday that customers can use its platform in a new way. While the traditional method of using HomeAdvisor is as a marketplace of home-service providers that customers can contact and select for projects, the new on-demand platform will allow customers to select which task they need completed for a fixed price.
ANGI Homeservices Inc. shares are up nearly 20% and on track for their best day since 2017 after results that were "close enough to in-line to provide some relief," in the view of Needham analyst Brad Erickson. Though the company narrowed its outlook lower, "the more important commentary was the lack of drop-off in implied Q4 revenue, which bodes well for next year and a faster-than-expected ramp of fixed price offerings heading into 2020," Erickson wrote. "There's clearly a lot of wood to chop as the company thinks about a return to Ebitda growth next year but we wonder if this is the pivotal report where bulls can now rest assured that ANGI's fully washed out." The company also announced two new partnerships and an expansion of its fixed-price offering. Erickson rates the stock a buy with an $11 target price. ANGI shares have dropped 52% so far this year, as the S&P 500 has risen 23%.
InterActiveCorp. touted the beginning of a turnaround for ANGI Homeservices Inc. and growth for its smaller properties Wednesday as the company highlighted what its business could look like if a separation with Match Group Inc. goes through.
ANGI Homeservices (ANGI) delivered earnings and revenue surprises of 33.33% and 0.43%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
IAC CEO Joey Levin said a board committee continues to review a proposal to distribute the internet company’s 80.8% stock in Match to shareholders.
DENVER, Nov. 06, 2019 -- ANGI Homeservices (NASDAQ: ANGI) posted its third quarter financial results on the investor relations section of its website at.
ANGI Homeservices (ANGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nextdoor, the San Francisco-based social network for connecting neighborhoods, is further branching into business engagement with its new Local Deals segment. Local Deals allows businesses, service providers and neighbors-for-hire to market to their neighbors through the Nextdoor app. Businesses that have set up a free Business Page on Nextdoor can create a Local Deal to promote a sale, discount or other incentive to reach new and existing customers in the neighborhoods they want to target.
DENVER, Oct. 29, 2019 /PRNewswire/ -- Today, HomeAdvisor, a digital marketplace evolving the way homeowners connect with service professionals to complete home projects, announced their first home services capsule on Samsung's Bixby Marketplace. Bixby Marketplace is a one stop shop for Samsung users to browse and add a wide range of services (known as capsules) to enhance their Bixby experience.
If you own shares in ANGI Homeservices Inc. (NASDAQ:ANGI) then it's worth thinking about how it contributes to the...
Some of the highest-earning CEOs of Colorado public companies hold degrees from Ivy League schools. But they're far from the norm.
DENVER, Oct. 16, 2019 -- After the close of market trading on Wednesday, November 6, 2019, ANGI Homeservices (NASDAQ: ANGI) will post its third quarter results at.
Sell-side analysts like the prospects for IAC/InterActiveCorp (NASDAQ: IAC ) if it sheds subsidiary Match Group Inc . (NASDAQ: MTCH ). IAC said Friday it is proposing to spin off its interest in Match, ...
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Shares of ANGI Homeservices Inc. are up about 4% in Friday morning trading after InterActiveCorp. gave an update on its spinoff plans, saying that it had delivered a preliminary separation proposal to Match Group Inc.'s board and didn't intend to devote attention to an ANGI spinoff until after matters are finished with Match. IAC had said in conjunction with its last earnings report that it was considering distributing its stakes in Match, ANGI, or both, as the company has a majority economic interest in each of the two companies, which are publicly traded. "We think shares have been under continued pressure after disappointing 2Q earnings results (shares have been down ~30% even after the ~25% decline on the print), partially due to concerns over ANGI's readiness to operate as a stand-alone entity and that IAC would spin out ANGI, even if not ready, in order to help unlock the value it believes is being locked in IAC's other (i.e. non-Match and non-ANGI) assets," wrote Wedbush analyst Ygal Arounian, who has a neutral rating on ANGI shares. He said that Friday's update should provide "comfort" to investors that IAC intends to help ANGI get on more stable footing before it sends the home-improvement platform off on its own. IAC's stock is up 1.7% in Friday morning trading, while Match shares are off 1.7%. ANGI shares have sunk 50% over the past three months, while the S&P 500 has lost 1.8%.
(Bloomberg) -- IAC/InterActive Corp. is moving forward with a spinoff of Match Group Inc. after turning the owner of the Tinder online dating app into one of the best-performing internet stocks.IAC said Friday it formally recommended the move to a special committee of its board. The tax-free transaction would distribute shares of Match to IAC stockholders, formally separating the two companies. It would also collapse the dual-class common stock structure that has allowed IAC to maintain control.Match has been one of the star performers in IAC’s portfolio of companies. The shares have gained more than sixfold since its initial public offering in 2015. In the second quarter, Match accounted for 41% of IAC’s total $1.19 billion in revenue.IAC Chief Executive Officer Joey Levin said in August that he was considering a spinoff of Match as well as ANGI Homeservices Inc., the company’s other top money-maker. For now, ANGI will stay within IAC.“We don’t currently expect to turn our attention to the question of a spin-off until a Match Group transaction has been completed,” Levin said in a statement.To contact the reporter on this story: Erik Schatzker in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
InterActiveCorp. said Friday that it had made a “preliminary proposal” to Match Group Inc.’s board of directors regarding a transaction that would result in a Match spinoff from parent company IAC.