Angi Inc. (NASDAQ:ANGI - Get Free Report) has been given a consensus rating of "Hold" by the eight brokerages that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $28.25.
A number of research firms have recently weighed in on ANGI. Citigroup increased their price objective on Angi from $17.00 to $20.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. StockNews.com raised Angi from a "hold" rating to a "buy" rating in a research note on Wednesday. JMP Securities reduced their price objective on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a research report on Thursday, February 13th. Finally, Royal Bank of Canada dropped their target price on shares of Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 15th.
Read Our Latest Report on Angi
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Angi during the 4th quarter valued at $27,000. Hsbc Holdings PLC purchased a new stake in shares of Angi during the fourth quarter valued at $30,000. Headlands Technologies LLC increased its holdings in Angi by 9,308.0% in the 4th quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock worth $31,000 after buying an additional 18,523 shares in the last quarter. Oxford Asset Management LLP purchased a new position in Angi in the 4th quarter worth about $33,000. Finally, Two Sigma Securities LLC bought a new position in Angi during the fourth quarter valued at approximately $41,000. Institutional investors own 12.84% of the company's stock.
Angi Trading Up 1.2 %
NASDAQ ANGI opened at $12.14 on Wednesday. The firm has a market cap of $603.69 million, a PE ratio of 151.77 and a beta of 1.88. Angi has a 1-year low of $11.00 and a 1-year high of $29.15. The stock has a 50-day moving average of $15.07 and a 200-day moving average of $18.16. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.47.
About Angi
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Get Free ReportAngi 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.
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