Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Angi Inc (NASDAQ: ANGI) closed at $2.54 down -2.31% from its previous closing price of $2.60. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 0.97 million shares were traded. ANGI stock price reached its highest trading level at $2.66 during the session, while it also had its lowest trading level at $2.06.
Ratios:
For a deeper understanding of Angi Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. 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 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 01 ’24 when Shanmugasundaram Kulesh sold 11,748 shares for $2.13 per share. The transaction valued at 25,023 led to the insider holds 160,506 shares of the business.
Shanmugasundaram Kulesh sold 11,748 shares of ANGI for $30,310 on Apr 01 ’24. The Chief Technology Officer now owns 166,034 shares after completing the transaction at $2.58 per share. On Mar 06 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 11,748 shares for $2.58 each. As a result, the insider received 30,310 and left with 160,060 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 1278084864 and an Enterprise Value of 1441451776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.101 whereas that against EBITDA is 17.027.
Stock Price History:
The Beta on a monthly basis for ANGI is 1.99, which has changed by -0.13043481 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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 4.42%, while the 200-Day Moving Average is calculated to be 7.22%.
Shares Statistics:
For the past three months, ANGI has traded an average of 918.02K shares per day and 1270230 over the past ten days. A total of 82.21M shares are outstanding, with a floating share count of 68.25M. Insiders hold about 86.44% of the company’s shares, while institutions hold 12.85% stake in the company. Shares short for ANGI as of 1713139200 were 9766614 with a Short Ratio of 10.64, compared to 1710460800 on 9436051. Therefore, it implies a Short% of Shares Outstanding of 9766614 and a Short% of Float of 14.479999.
Earnings Estimates
The stock of Angi Inc (ANGI) is currently in the spotlight, with 7.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.0 and a low estimate of -$0.02, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.0, 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 $0.0. EPS for the following year is $0.06, with 7.0 analysts recommending between $0.11 and $0.04.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $305.39M this quarter.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 $392.41MFor the next quarter, 6 analysts are estimating revenue of $323.54M. 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 $1.36BBased 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.
