Shares of Angi Inc. (NASDAQ:ANGI – Get Free Report) have received an average recommendation of “Hold” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $9.2857.
A number of analysts recently commented on ANGI shares. UBS Group set a $5.00 target price on shares of Angi and gave the stock a “neutral” rating in a research note on Friday, August 7th. Citizens Jmp reaffirmed a “market perform” rating on shares of Angi in a report on Monday, July 13th. Wall Street Zen lowered shares of Angi from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Benchmark reissued a “buy” rating on shares of Angi in a research report on Tuesday, May 26th. Finally, The Goldman Sachs Group set a $6.00 target price on Angi and gave the stock a “neutral” rating in a research note on Monday, July 13th.
Read Our Latest Analysis on Angi
Institutional Inflows and Outflows
Angi Stock Up 0.8%
Shares of ANGI stock opened at $4.90 on Friday. The stock’s fifty day moving average price is $5.45 and its 200 day moving average price is $6.27. Angi has a 1-year low of $4.26 and a 1-year high of $18.70. The company has a market cap of $198.21 million, a price-to-earnings ratio of -0.89 and a beta of 1.61. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.20 and a quick ratio of 1.20.
Angi (NASDAQ:ANGI – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported ($5.70) EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($5.83). Angi had a negative net margin of 22.35% and a positive return on equity of 1.52%. The business had revenue of $248.00 million during the quarter, compared to analysts’ expectations of $253.43 million. During the same quarter last year, the business posted $0.23 earnings per share. The company’s quarterly revenue was down 10.9% compared to the same quarter last year. On average, research analysts expect that Angi will post 0.16 earnings per share for the current fiscal year.
Angi Company Profile
Angi (NASDAQ: ANGI) operates a digital marketplace that connects homeowners and renters with service professionals for home improvement, maintenance and repair projects. Through its flagship platform, Angi provides user-friendly tools that allow consumers to research service providers, compare prices, read verified reviews and book appointments. The company’s services span a wide range of home needs, including plumbing, electrical work, landscaping, painting, cleaning, remodeling and general handyman tasks.
Originally founded in 1995 as Angie’s List, the company built its reputation on a subscription-based model and a comprehensive database of customer reviews.
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