Angi (NASDAQ:ANGI – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday, Wall Street Zen reports.
ANGI has been the subject of a number of other research reports. UBS Group set a $14.00 price target on shares of Angi in a report on Thursday, September 24th. Weiss Ratings reiterated a “sell (d)” rating on shares of Angi in a research note on Monday, September 21st. Royal Bank Of Canada boosted their price objective on shares of Angi from $5.00 to $7.00 and gave the stock a “sector perform” rating in a report on Thursday. The Goldman Sachs Group set a $6.00 price objective on shares of Angi and gave the stock a “neutral” rating in a report on Monday, July 13th. Finally, Truist Financial set a $10.00 target price on shares of Angi and gave the stock a “buy” rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.57.
Read Our Latest Stock Report on Angi
Angi Price Performance
Shares of ANGI opened at $6.92 on Friday. Angi has a twelve month low of $4.26 and a twelve month high of $14.58. The stock’s 50 day moving average is $5.74 and its two-hundred day moving average is $6.69. The firm has a market capitalization of $279.91 million, a PE ratio of -1.21 and a beta of 1.72. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.57.
Angi (NASDAQ:ANGI – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08). Angi had a positive return on equity of 0.51% and a negative net margin of 23.85%. The business had revenue of $242.02 million for the quarter, compared to analysts’ expectations of $242.35 million. Research analysts anticipate that Angi will post 0.16 earnings per share for the current year.
Institutional Trading of Angi
Large investors have recently bought and sold shares of the company. Pale Fire Capital SE acquired a new position in shares of Angi during the 2nd quarter worth $23,386,000. Flax Pond Capital LLC acquired a new position in Angi during the first quarter worth about $3,324,000. Pacer Advisors Inc. acquired a new position in Angi during the first quarter worth about $1,592,000. Empowered Funds LLC acquired a new position in Angi during the first quarter worth about $1,136,000. Finally, Engineers Gate Manager LP purchased a new stake in shares of Angi in the second quarter valued at about $399,000. Institutional investors and hedge funds own 12.84% of the company’s stock.
About Angi
Angi Inc (NASDAQ: ANGI) operates a digital marketplace that connects homeowners with professionals who provide home improvement, maintenance and repair services. Through its online and mobile platforms, the company helps consumers find, compare and contact service providers for projects ranging from remodeling and landscaping to plumbing, electrical work and cleaning.
Angi’s business includes consumer-facing brands and services such as Angi and HomeAdvisor, as well as the Angi Leads and Angi Services offerings.
Further Reading
- Five stocks we like better than Angi
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Receive News & Ratings for Angi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angi and related companies with MarketBeat.com's FREE daily email newsletter.
