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The closing price of Angi Inc (NASDAQ: ANGI) was $2.48 for the day, down -3.12% from the previous closing price of $2.56. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 0.57 million shares were traded. ANGI stock price reached its highest trading level at $2.585 during the session, while it also had its lowest trading level at $2.47.
Ratios:
Our analysis of ANGI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on July 09, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $3.25.
On February 15, 2023, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $2 to $2.75.
On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $2.60.Citigroup initiated its Buy rating on December 13, 2022, with a $2.60 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 01 ’24 when Shanmugasundaram Kulesh sold 11,748 shares for $2.32 per share. The transaction valued at 27,255 led to the insider holds 125,262 shares of the business.
Shanmugasundaram Kulesh sold 11,748 shares of ANGI for $22,321 on Jul 01 ’24. The Chief Technology Officer now owns 137,010 shares after completing the transaction at $1.90 per share. On Jun 03 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 11,748 shares for $2.01 each. As a result, the insider received 23,613 and left with 148,758 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANGI now has a Market Capitalization of 1236699136 and an Enterprise Value of 1400341760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 1.101 whereas that against EBITDA is 12.861.
Stock Price History:
Over the past 52 weeks, ANGI has reached a high of $3.10, while it has fallen to a 52-week low of $1.54. The 50-Day Moving Average of the stock is 7.69%, while the 200-Day Moving Average is calculated to be 5.55%.
Shares Statistics:
ANGI traded an average of 660.22K shares per day over the past three months and 542900 shares per day over the past ten days. A total of 82.21M shares are outstanding, with a floating share count of 68.26M. Insiders hold about 86.40% of the company’s shares, while institutions hold 10.09% stake in the company. Shares short for ANGI as of 1723680000 were 8625892 with a Short Ratio of 13.07, compared to 1721001600 on 8624087. Therefore, it implies a Short% of Shares Outstanding of 8625892 and a Short% of Float of 13.209999999999999.
Earnings Estimates
The current rating of Angi Inc (ANGI) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.0 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.05 and -$0.02 for the fiscal current year, implying an average EPS of $0.0. EPS for the following year is $0.06, with 6.0 analysts recommending between $0.08 and $0.01.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $314.38M to a low estimate of $292.3M. As of the current estimate, Angi Inc’s year-ago sales were $371.84MFor the next quarter, 9 analysts are estimating revenue of $269.15M. There is a high estimate of $280.02M for the next quarter, whereas the lowest estimate is $255M.
A total of 9 analysts have provided revenue estimates for ANGI’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.17B, resulting in an average revenue estimate of $1.19B. In the same quarter a year ago, actual revenue was $1.36BBased on 9 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.17B.
