As of close of business last night, Angi Inc’s stock clocked out at $2.59, down -3.36% from its previous closing price of $2.68. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 521018 shares were traded. ANGI stock price reached its highest trading level at $2.7000 during the session, while it also had its lowest trading level at $2.5800.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
To gain a deeper understanding of ANGI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.53.
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 the company, UBS on February 15, 2023, Upgraded its rating to Neutral and sets its target price to $2.75 from $2 previously.
On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $2.60.
On December 02, 2022, UBS started tracking the stock assigning a Sell rating and target price of $2.UBS initiated its Sell rating on December 02, 2022, with a $2 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Shanmugasundaram Kulesh sold 11,748 shares for $2.58 per share. The transaction valued at 30,310 led to the insider holds 160,060 shares of the business.
Shanmugasundaram Kulesh sold 12,000 shares of ANGI for $28,920 on Feb 01 ’24. The Chief Technology Officer now owns 39,242 shares after completing the transaction at $2.41 per share. On Jan 02 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 12,000 shares for $2.43 each. As a result, the insider received 29,160 and left with 51,242 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 1.30B and an Enterprise Value of 1.45B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.06 whereas that against EBITDA is 15.46.
Stock Price History:
Over the past 52 weeks, ANGI has reached a high of $4.18, while it has fallen to a 52-week low of $1.54. The 50-Day Moving Average of the stock is 2.5898, while the 200-Day Moving Average is calculated to be 2.5388.
Shares Statistics:
It appears that ANGI traded 741.39K shares on average per day over the past three months and 616.59k shares per day over the past ten days. A total of 82.21M shares are outstanding, with a floating share count of 68.12M. Insiders hold about 86.43% of the company’s shares, while institutions hold 12.77% stake in the company. Shares short for ANGI as of Feb 29, 2024 were 8.66M with a Short Ratio of 12.73, compared to 8.75M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.73% and a Short% of Float of 12.92%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.02, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0, with high estimates of $0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.04 and -$0.03 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0.06, with 7 analysts recommending between $0.11 and $0.04.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $297.55M. It ranges from a high estimate of $302.5M to a low estimate of $294.4M. As of the current estimate, Angi Inc’s year-ago sales were $392.41M, an estimated decrease of -24.20% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $323.54M, a decrease of -19.80% over than the figure of -$24.20% in the same quarter last year. There is a high estimate of $333.2M for the next quarter, whereas the lowest estimate is $313.51M.
A total of 6 analysts have provided revenue estimates for ANGI’s current fiscal year. The highest revenue estimate was $1.26B, while the lowest revenue estimate was $1.23B, resulting in an average revenue estimate of $1.25B. In the same quarter a year ago, actual revenue was $1.36B, down -8.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.33B in the next fiscal year. The high estimate is $1.38B and the low estimate is $1.29B. The average revenue growth estimate for next year is up 6.70% from the average revenue estimate for this year.
