Angi (ANGI) Stock Price, News & Analysis

Company Overview

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. The company's Ads and Leads segment connects consumers with service professionals for local services through nationwide network of service professionals in various service categories; provides consumers with valuable tools, services, and content, including verified reviews, to help them research, shop, and hire for local services; and sells term-based website, mobile, and magazine advertising to certified service professionals, as well as services and tools, including quoting, invoicing, and payment services. This segment provides consumers access to online True Cost Guide, which provides project cost information for various project types, as well as a library of home services-related content. Its Services segment offers a pre-priced offering, pursuant to which consumers can request services through Angi and Handy branded platforms and pay for such services on the applicable platform directly; and provides professionals with access to a pool of consumers seeking service professionals and must validate their home services experience, as well as attest to holding the requisite license(s) and maintain an acceptable rating to remain on Services platforms. The company's International segment operates Travaux, MyBuilder, MyHammer, Werkspo, and Homestars home services marketplaces. The company was formerly known as ANGI Homeservices Inc. and changed its name to Angi Inc. in March 2021. The company was incorporated in 2017 and is headquartered in Denver, Colorado. Angi Inc. operates as a subsidiary of IAC Inc.

Key Stats

• Today's Range: $1.65 to $1.73
• 50-Day Range: $1.64 to $2.62
• 52-Week Range: $1.62 to $3.10
• Volume: 694,167 shs
• Average Volume: 790,083 shs
• Market Capitalization: $830.44 million
• P/E Ratio: 23.86
• Dividend Yield: N/A
• Price Target: $3.11
• Consensus Rating: Hold

Angi Stock Analysis - MarketRank™

Angi scored higher than 48% of companies evaluated by MarketBeat, and ranked 411th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Angi has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Angi has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -50.00%

Earnings Growth

Earnings for Angi are expected to decrease by -50.00% in the coming year, from $0.08 to $0.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Angi is 23.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Angi is 23.86, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.66.

Price to Book Value per Share Ratio

Angi has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.67% of the float of Angi has been sold short.

Short Interest Ratio / Days to Cover

Angi has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Angi has recently increased by 3.96%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Angi does not currently pay a dividend.

Dividend Growth

Angi does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.67% of the float of Angi has been sold short.

Short Interest Ratio / Days to Cover

Angi has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Angi has recently increased by 3.96%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.33

News Sentiment

Angi has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Angi this week, compared to 8 articles on an average week.

Search Interest

Only 4 people have searched for ANGI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Angi to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Angi insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.90% of the stock of Angi is held by insiders.

Percentage Held by Institutions

Only 12.84% of the stock of Angi is held by institutions.

ANGI Stock Analysis - Frequently Asked Questions

How have ANGI shares performed this year?

Angi's stock was trading at $2.49 at the beginning of the year. Since then, ANGI stock has decreased by 32.9% and is now trading at $1.67.
View the best growth stocks for 2024 here.

How were Angi's earnings last quarter?

Angi Inc. (NASDAQ:ANGI) posted its quarterly earnings data on Monday, November, 11th. The technology company reported $0.07 EPS for the quarter. The technology company earned $296.72 million during the quarter, compared to analysts' expectations of $295.90 million. Angi had a net margin of 2.61% and a trailing twelve-month return on equity of 3.79%.

Who are Angi's major shareholders?

Angi's top institutional investors include ArrowMark Colorado Holdings LLC (0.95%), FMR LLC (0.78%), Assenagon Asset Management S.A. (0.28%) and General American Investors Co. Inc. (0.20%). Insiders that own company stock include Bowman Angela R Hicks and Kulesh Shanmugasundaram.
View institutional ownership trends.

How do I buy shares of Angi?

Shares of ANGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Angi own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Angi investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Tesla (TSLA) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Advertising
• Sub-Industry: Internet Software & Services
• Current Symbol: NASDAQ:ANGI
• CUSIP: 03475410
• CIK: 1705110
• Web: www.angihomeservices.com
• Phone: (303) 963-7200
• Fax: 317-396-0101
• Employees: 3,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.11
• High Stock Price Target: $6.00
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +86.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.07
• Trailing P/E Ratio: 23.86
• Forward P/E Ratio: 20.88
• P/E Growth: N/A
• Net Income: $-40,940,000.00
• Net Margins: 2.61%
• Pretax Margin: 2.28%
• Return on Equity: 3.79%
• Return on Assets: 2.15%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 2.05
• Quick Ratio: 2.05

Sales & Book Value

• Annual Sales: $1.22 billion
• Price / Sales: 0.68
• Cash Flow: $0.13 per share
• Price / Cash Flow: 13.23
• Book Value: $2.07 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 497,269,000
• Free Float: 482,848,000
• Market Cap: $830.44 million
• Optionable: Optionable
• Beta: 1.86