Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Angi Inc (NASDAQ: ANGI) closed the day trading at $1.74 down -3.33% from the previous closing price of $1.80. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 0.59 million shares were traded. ANGI stock price reached its highest trading level at $1.815 during the session, while it also had its lowest trading level at $1.73.
Ratios:
For a better understanding of ANGI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.58. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.
On November 13, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.25 to $2.50.
Citigroup Downgraded its Buy to Neutral on November 13, 2024, whereas the target price for the stock was revised from $3.25 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when Kip Jeffrey W bought 250,000 shares for $1.72 per share. The transaction valued at 430,000 led to the insider holds 917,331 shares of the business.
Shanmugasundaram Kulesh sold 11,748 shares of ANGI for $27,255 on Aug 01 ’24. The Chief Technology Officer now owns 125,262 shares after completing the transaction at $2.32 per share. On Jul 01 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 11,748 shares for $1.90 each. As a result, the insider received 22,321 and left with 137,010 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 866488704 and an Enterprise Value of 975411008. As of this moment, Angi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.75, and their Forward P/E ratio for the next fiscal year is 44.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.801 whereas that against EBITDA is 8.337.
Stock Price History:
The Beta on a monthly basis for ANGI is 1.86, which has changed by -0.26229507 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, ANGI has reached a high of $3.10, while it has fallen to a 52-week low of $1.49. The 50-Day Moving Average of the stock is -3.24%, while the 200-Day Moving Average is calculated to be -20.29%.
Shares Statistics:
Over the past 3-months, ANGI traded about 1.14M shares per day on average, while over the past 10 days, ANGI traded about 1040910 shares per day. A total of 75.71M shares are outstanding, with a floating share count of 63.60M. Insiders hold about 87.36% of the company’s shares, while institutions hold 9.52% stake in the company. Shares short for ANGI as of 1736899200 were 9019478 with a Short Ratio of 7.92, compared to 1734048000 on 8032191. Therefore, it implies a Short% of Shares Outstanding of 9019478 and a Short% of Float of 14.109999.
