|Bid||7.87 x 1100|
|Ask||7.88 x 800|
|Day's Range||7.55 - 8.04|
|52 Week Range||6.39 - 18.62|
|Beta (5Y Monthly)||1.73|
|PE Ratio (TTM)||112.57|
|Earnings Date||May 05, 2020 - May 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.09|
I'm not a fan of Angie's List or HomeAdvisor; as a DIYer, I'm cheap and I like to work with my hands. But the fact is, I don't have time to do all of my home repairs myself, asserts Ben Shepherd, contributing editor to Personal Wealth Advisor.
ANGI Homeservices (ANGI) delivered earnings and revenue surprises of -100.00% and -1.27%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
IAC/InterActiveCorp. continued its preparations for a life without Match Group Inc. in the fourth quarter, this time seeing fast growth from its DotDash media-brands business.
The Denver-based company’s marketplace business segment, which is mainly HomeAdvisor, grew 23% in the quarter.
Shares of ANGI Homeservices Inc. were off 12% in after-hours trading Wednesday after the company reported lower-than-expected revenue for its fourth quarter. ANGI's revenue came in at $321.5 million, up from $279 million a year prior but below the $325 million FactSet consensus. The company posted break-even per-share earnings on a GAAP basis, which was in line with the consensus forecast, as well as adjusted earnings before interest, taxes, depreciation, and amortization of $54.8 million, a bit above the $54 million consensus forecast. Chief Executive Brandon Ridenour told MarketWatch that the international business saw some weakness in the quarter amid efforts to "replatform" the service in France, a major international market. Political events in the U.K. and France may have also negatively impacted financials, he said. The company is seeing positive "early indicators" around its fixed-price initiatives for many home-service categories, according to Ridenour. More of his comments can be found in our broader coverage of IAC/InterActiveCorp.'s results, which also came out Wednesday afternoon. IAC has a majority economic interest in the company, which was formed through the combination of Angie's List and HomeAdvisor. ANGI shares have gained 28% over the past three months as the S&P 500 has increased 8.7%.
DENVER, Feb. 05, 2020 -- ANGI Homeservices (NASDAQ: ANGI) posted its fourth quarter financial results on the investor relations section of its website at.
The internet conglomerate will soon make a distribution to shareholders of its controlling stake in the dating-app giant Match Group.
ANGI Homeservices Inc. (NASDAQ:ANGI), which is in the interactive media and services business, and is based in United...
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.
DENVER, Jan. 15, 2020 -- After the close of market trading on Wednesday, February 5, 2020, ANGI Homeservices (NASDAQ: ANGI) will post its fourth quarter results at.
The following names have some risks attached. But they're also seeing strong growth and trading at relatively subdued valuations.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
As the end of a big 2019 on Wall Street draws to a close, investors looking at big year-to-date capital gains are shifting their attention to that 2019 tax bill. One popular method of keeping capital gains ...
IAC/InterActive has finalized plans to distribute all of its Match Group shares to IAC shareholders on a tax-free basis.
We can judge whether ANGI Homeservices Inc. (NASDAQ:ANGI) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]
ANGI Homeservices Inc. (NASDAQ:ANGI) shareholders should be happy to see the share price up 11% in the last month. But...
DENVER, Nov. 26, 2019 -- ANGI Homeservices (NASDAQ: ANGI) will attend the Credit Suisse 23rd Annual Technology Conference in Scottsdale, Arizona at The Phoenician on Tuesday,.
During a talk with TheStreet, CFO Glenn Schiffman talked about IAC's reasons for holding off on an ANGI Homeservices spinoff, as well as the differences between private and public valuations.
Buy low, and sell high. That’s old wisdom, but it’s stayed with us through the ages because it’s a sure way to grow your money. In the stock market, of course, buying low is the easy part. There are plenty stocks out there priced at a discount – sometimes by the company’s design, sometimes by the vagaries of economic life. In either case, the real trick to investing is finding the discounted stocks that are primed for strong growth – those are the ones that will bring in profitable returns.We’ve used TipRanks’ Stock Screener to sort through more than 6,300 publicly traded companies, and picked a profile for mid-cap stocks primed to gain: a high upside and Strong Buy consensus rating, but combined with recent losses that have left each of them trading well below peak price. Let’s dive in.Cimarex Energy Company (XEC)Starting in the energy sector, Cimarex is a hydrocarbon exploration company based out of Denver, Colorado. The company engages in oil and gas exploration and drilling in Oklahoma, Texas, and New Mexico. Cimarex controls over 591 million barrels oil equivalent, of which 45% is natural gas and the rest is split between natural gas liquid and petroleum. Last year, Cimarex average production stood at 222,000 barrels of oil equivalent per day.Oil and gas bring in serious money, and even a small industry player like Cimarex sees nearly $2 billion in annual revenue and $490 million in net profits. In the Q3 earnings report released earlier this month, with EPS, at 91 cents, missing the forecasts, while the revenues of $582 million beating the estimates by 2%. Overall, XEC posted both EPS and revenue year-over-year declines.The main driver of the decline was the current low-price regime in oil and gas markets. Production was actually up, and benefitting from increases in operational efficiency. XEC reported a 68.5 thousand barrel per day increase in total production, and a $3.34 per barrel of oil equivalent drop in production expenses. Prices, however, fell more and faster than production and efficiencies posts gains, with realized prices down 52% in natural gas and 10% in crude oil.The drops in realized prices, EPS, and revenues this year have pushed XEC shares down by nearly 45% year-to-date. This opens buying opportunities, however, as far as Wall Street’s analysts are concerned.Writing from UBS, Lloyd Byrne described the quarterly results as “solid,” based on the revenue beat and the efficiency gains, and expects to see it reflect in improved free cash flow next year. His $78 price target suggests an impressive 67% upside. (To watch Byrne's track record, click here)Jeanine Wai, of Barclays, also noted the efficiencies, and wrote of the company, “Once again XEC pulled forward activity during the quarter... Since we think efficiencies continue to trend well, we initially anticipated that XEC would again pull forward wells in Q4’19 providing an upward bias to production… We like the discipline and think that XEC’s anticipated 44 net wells waiting on completion at YE’19 provides good optionality for operational momentum heading into 2020 should commodity prices/costs ultimately allow for it.” Wai gives XEC an $81 price target and a 73% upside. (To watch Wai's track record, click here)All in all, TipRanks shows a large amount of bulls liking the odds on this oil stock. Out of 6 analysts polled in the last 3 months, 5 are bullish on Cimarex Energy stock, while only one playing it safe on the sidelines. Importantly, the 12-month average price target of $70.17 suggests a nearly 55% upside potential from where the stock is currently trading. (See Cimarex Energy stock analysis on TipRanks)ANGI Homeservices (ANGI)ANGI lives in the tech sector, inhabiting the information niche where it holds a portfolio of home improvement brands, and connects customers with the services they need. ANGI Homeservices is the world’s largest online marketplace for home improvement services, and connects homeowners with the service pros they need to get jobs done. The company operates in the US, Canada, and Europe.The tech company’s earnings in Q3 are down year-over-year, from 9 cents to 4 cents, although still higher than the 3-cent estimate. Revenues, however, were up 17.8% to $357.36 million. It was the only time in the last four quarters that ANGI has beaten revenue estimates. In addition to falling revenues, ANGI has also deeply underperformed the broader market; with a 58% year-to-date loss compared to the S&P’s 24% gain.However, top analysts see ANGI set up to start gaining as 2020 progresses.Writing from Deutsche Bank, Kunal Madhukar says, “While the story remains in a "show me" mode, expectations have come down significantly in the past six months, which sets up well for a turnaround in 2020.” His $11 target implies about 50% upside to the stock. (To watch Madhukar's track record, click here)5-star analyst Daniel Salmon, of BMO Capital, is even more bullish, putting a $13 price target and 77% potential on ANGI shares. In his comments on the stock, Salmon concludes, “We think the “hybrid” approach of a third-party marketplace combined with a managed service marketplace is an improved strategy for a space as dynamic as home services.”ANGI has received 6 ratings in the last two months for its Strong Buy consensus. The four most recent, all in the last two weeks, are Buys. The stock’s $12.25 average price target implies an upside of nearly 65% from the share price of $7.38. (See ANGI stock analysis on TipRanks)Farfetch (FTCH)This online clothing retailer, based in London, boasts offices in Portugal and Brazil, New York, LA, Tokyo, and Shanghai. The company has won industry awards for excellence in advertising and marketing, use of tech, and fashion design. With a market cap of $2.8 billion, FTCH is the smallest of the companies on this list.Back in August, FTCH shares took a sudden drop, losing 52% of their value after the company spent $675 million to acquire New Guards. The purchase brought with it a new label for Farfetch to market, but the price was a significant portion of its total market cap.Farfetch shares have still not recovered their pre-acquisition value. Last week’s Q3 report, however, helped, as the EPS loss of 28 cents was far less severe than the 37 cents expected. Revenues also scored a modest beat, coming in at $255.48 million compared to the forecast of $255.40 million. That was 89% year-over-year gain for revenues. The strong quarterly report boosted the stock by 29% on its release, although FTCH shares are still down 56% for 2019.The gains, especially the high YoY revenue gain, suggest that FTCH maybe turning a corner on profitability. Deutsche Bank’s 5-star analyst Lloyd Walmsley agrees, writing in his recent note on the stock, “We like Farfetch shares over the longer term and see the New [Guards] acquisition as a good strategic fit, despite the increasing complexity of the model and slightly disappointing growth slowdown from 1H to 3Q... We feel comfortable the company can continue to grow at elevated growth rates and move closer towards profitability.” Walmsley’s $14 price target puts a 51% upside to the stock. (To watch Walmsley's track record, click here)Weighing in from Cowen, John Blackledge wrote just before the Q3 report was released, and he too saw potential from the New Guards deal. In addition, Blackledge specifically pointed out that FTCH’s low price point represents a purchase opportunity, as it takes into account the stock’s most likely deadweights: “With shares down ~57% since the 2Q print, we believe much of the downside risk around discounting and strategic direction are likely priced in.” Blackledge sees FTCH hitting $16 in the next twelve months, suggesting a powerful 72% upside potential.FTCH shares base their Strong Buy consensus rating on 7 Buys and 1 Sell given in recent weeks. This stocks’ $15.29 average price target implies an upside of 65% from the $9.26 current share price. (See Farfetch stock analysis on TipRanks)
HomeAdvisor is closing its Colorado Springs office in an effort to optimize efficiencies, eliminating the positions for 223 employees. The office — which specializes in sales, customer care and operations — will be closed at the end of the year to consolidate the Denver-based company’s footprint to its Golden and RiNo offices. The impacted employees were notified in early November and were offered severance packages and job placement support.
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.