Angi Inc. (NASDAQ:ANGI - Get Free Report) has received a consensus recommendation of "Hold" from the seven brokerages that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $30.50.
Several research firms have commented on ANGI. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th. StockNews.com lowered shares of Angi from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Citigroup raised their price target on shares of Angi from $17.00 to $20.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. Finally, 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 note on Thursday, February 13th.
View Our Latest Stock Report on ANGI
Angi Price Performance
Angi stock traded down $0.30 during trading hours on Friday, reaching $14.40. 1,289,902 shares of the stock were exchanged, compared to its average volume of 121,699. The stock has a 50 day moving average of $17.04 and a two-hundred day moving average of $19.75. The company has a market cap of $716.07 million, a P/E ratio of 180.02 and a beta of 1.91. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.47. Angi has a twelve month low of $13.87 and a twelve month high of $29.15.
Hedge Funds Weigh In On Angi
Several hedge funds and other institutional investors have recently bought and sold shares of ANGI. Raymond James Financial Inc. bought a new position in shares of Angi in the 4th quarter worth about $27,000. Hsbc Holdings PLC acquired a new stake in shares of Angi during the 4th quarter worth approximately $30,000. Headlands Technologies LLC increased its stake in shares of Angi by 9,308.0% in the 4th quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock valued at $31,000 after acquiring an additional 18,523 shares in the last quarter. Oxford Asset Management LLP acquired a new position in shares of Angi during the 4th quarter valued at $33,000. Finally, Two Sigma Securities LLC acquired a new stake in Angi in the fourth quarter worth $41,000. Institutional investors and hedge funds own 12.84% of the company's stock.
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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