Angi Inc [ANGI] stock prices are up 0.75% to $2.68 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ANGI shares have gain 3.47% over the last week, with a monthly amount drifted -1.83%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 12, March 2024, Playvox Announces Annual Partner of the Year Awards for Workforce Engagement Management Solutions. In a post published today on Yahoo Finance, Salesforce, Dialpad, Gladly, Neuraflash, and Bridgepointe recognized for CX.
From an analyst’s perspective:
Angi Inc [NASDAQ: ANGI] stock has seen the most recent analyst activity on February 15, 2023, when UBS upgraded its rating to a Neutral and also boosted its price target to $2.75 from $2. Previously, Citigroup started tracking the stock with Buy rating on December 13, 2022, and set its price target to $2.60. On December 02, 2022, UBS initiated with a Sell rating and assigned a price target of $2 on the stock. Truist reiterated its recommendation of a Buy and reduced its price target to $14 on August 06, 2021. RBC Capital Mkts reiterated a Sector Perform rating for this stock on August 06, 2021, and downed its price target to $14. In a note dated August 06, 2021, Oppenheimer reiterated an Outperform rating on this stock and revised its target price from $17 to $15.
The stock price of Angi Inc [ANGI] has been fluctuating between $1.54 and $4.18 over the past year. Currently, Wall Street analysts expect the stock to reach $9.35 within the next 12 months. Angi Inc [NASDAQ: ANGI] shares were valued at $2.68 at the most recent close of the market. An investor can expect a potential return of 248.88% based on the average ANGI price forecast.
Analyzing the ANGI fundamentals
The Angi Inc [NASDAQ:ANGI] reported sales of 1.44B for trailing twelve months, representing a drop of -31.96%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.64 points at the first support level, and at 2.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.75, and for the 2nd resistance point, it is at 2.81.
Angi Inc [ANGI] reported earnings per share of -$0.01 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of $0.01 and a surprise factor of 50.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.01 per share as compared to estimates of -$0.03 per share, a difference of $0.02 representing a surprise of 66.70%.
Ratios To Look Out For
It’s worth pointing out that Angi Inc [NASDAQ:ANGI]’s Current Ratio is 1.88. In addition, the Quick Ratio stands at 1.88 and the Cash Ratio stands at 1.41. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 1.30.
Transactions by insiders
Recent insider trading involved Shanmugasundaram Kulesh, Chief Technology Officer, that happened on Mar 06 ’24 when 11748.0 shares were sold. Chief Technology Officer, Shanmugasundaram Kulesh completed a deal on Feb 01 ’24 to sell 12000.0 shares. Meanwhile, Chief Technology Officer Shanmugasundaram Kulesh sold 12000.0 shares on Jan 02 ’24.
