Angi Inc. (NASDAQ:ANGI) Given Consensus Rating of "Hold" by Analysts

Shares of Angi Inc. (NASDAQ:ANGI - Get Free Report) have been given a consensus rating of "Hold" by the eight brokerages that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $3.11.

A number of analysts have recently weighed in on the company. JMP Securities reiterated a "market outperform" rating and set a $3.00 target price on shares of Angi in a research report on Monday, December 16th. UBS Group upgraded shares of Angi to a "hold" rating in a research report on Monday, October 28th. Benchmark lowered their price objective on Angi from $7.00 to $6.00 and set a "buy" rating for the company in a research note on Wednesday, November 13th. The Goldman Sachs Group lowered shares of Angi from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $3.25 to $2.50 in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th.

Institutional Trading of Angi

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Angi during the fourth quarter worth about $27,000. Barclays PLC boosted its stake in shares of Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock worth $42,000 after buying an additional 15,191 shares during the last quarter. Centiva Capital LP bought a new position in shares of Angi in the third quarter valued at approximately $46,000. Jones Financial Companies Lllp increased its position in shares of Angi by 38.8% during the fourth quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock valued at $47,000 after acquiring an additional 7,944 shares during the last quarter. Finally, Trust Co of the South lifted its holdings in Angi by 98.9% during the fourth quarter. Trust Co of the South now owns 51,286 shares of the technology company's stock worth $85,000 after acquiring an additional 25,500 shares during the period. Institutional investors own 12.84% of the company's stock.

Angi Stock Performance

Shares of ANGI stock traded down $0.03 on Friday, hitting $1.74. The company's stock had a trading volume of 590,441 shares, compared to its average volume of 883,480. Angi has a fifty-two week low of $1.49 and a fifty-two week high of $3.10. The company has a market capitalization of $862.76 million, a PE ratio of 24.79 and a beta of 1.86. The stock's 50 day moving average is $1.77 and its 200-day moving average is $2.19. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.05 and a current ratio of 2.05.

Angi (NASDAQ:ANGI - Get Free Report) last announced its earnings results on Monday, November 11th. The technology company reported $0.07 earnings per share (EPS) for the quarter. Angi had a net margin of 2.61% and a return on equity of 3.79%. The firm had revenue of $296.72 million for the quarter, compared to analyst estimates of $295.90 million. During the same quarter in the prior year, the business posted ($0.01) EPS. Equities research analysts expect that Angi will post 0.08 earnings per share for the current fiscal year.

Angi Company Profile

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.