Back to top

Image: Bigstock

ANGI Homeservices (ANGI) in Focus: Stock Moves 5.4% Higher

Read MoreHide Full Article

ANGI Homeservices Inc. (ANGI - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $12.88 –$16.46 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for ANGI Homeservices. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.  

ANGI Homeservices has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%. 

Investors interested in the Internet - Services industry may consider Dropbox Inc (DBX - Free Report) which has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Angi Inc. (ANGI) - free report >>

Dropbox, Inc. (DBX) - free report >>

Published in