Angi Inc. (NASDAQ:ANGI - Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as $14.87 and last traded at $15.01, with a volume of 231291 shares trading hands. The stock had previously closed at $15.41.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on ANGI shares. JMP Securities cut their price target on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a research note on Thursday, February 13th. StockNews.com cut Angi from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Citigroup lifted their price target on Angi from $17.00 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Angi currently has an average rating of "Hold" and a consensus price target of $30.50.
Get Our Latest Report on ANGI
Angi Stock Down 6.9 %
The stock has a market capitalization of $606.67 million, a P/E ratio of 152.52 and a beta of 1.91. The stock has a 50 day moving average price of $16.85 and a 200-day moving average price of $19.67. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 2.05.
Institutional Investors Weigh In On Angi
A number of large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Angi during the fourth quarter valued at approximately $27,000. Barclays PLC raised its position 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 purchasing an additional 15,191 shares during the last quarter. Centiva Capital LP bought a new position in shares of Angi in the third quarter worth approximately $46,000. Hsbc Holdings PLC bought a new stake in shares of Angi in the 4th quarter worth $30,000. Finally, Headlands Technologies LLC raised its position 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 during the last quarter. Institutional investors own 12.84% of the company's stock.
Angi Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Angi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Angi wasn't on the list.
While Angi currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
