Is that what Sustainable Earning stands for?: Angi Inc (ANGI)

Angi Inc [ANGI] stock is trading at $2.52, up 1.20%. 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 4.13% over the last week, with a monthly amount drifted -7.01%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Angi Inc [NASDAQ: ANGI] stock has seen the most recent analyst activity on July 09, 2024, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $3.25. Previously, UBS upgraded its rating to Neutral on February 15, 2023, and elevated its price target to $2.75. On December 13, 2022, Citigroup initiated with a Buy rating and assigned a price target of $2.60 on the stock. UBS started tracking the stock assigning a Sell rating and suggested a price target of $2 on December 02, 2022. Truist reiterated a Buy rating for this stock on August 06, 2021, and downed its price target to $14. In a note dated August 06, 2021, RBC Capital Mkts reiterated an Sector Perform rating on this stock and revised its target price from $15 to $14.

Angi Inc [ANGI] stock has fluctuated between $1.54 and $3.10 over the past year. Currently, Wall Street analysts expect the stock to reach $6.66 within the next 12 months. Angi Inc [NASDAQ: ANGI] shares were valued at $2.52 at the most recent close of the market. An investor can expect a potential return of 164.29% based on the average ANGI price forecast.

Analyzing the ANGI fundamentals

Angi Inc [NASDAQ:ANGI] reported sales of 1.29B for the trailing twelve months, which represents a drop of -15.98%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

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 2.46 points at the first support level, and at 2.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.59, and for the 2nd resistance point, it is at 2.65.

Ratios To Look Out For

For context, Angi Inc’s Current Ratio is 1.98. In addition, the Quick Ratio stands at 1.98 and the Cash Ratio stands at 1.53. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 1.21.

Transactions by insiders

Recent insider trading involved Shanmugasundaram Kulesh, Chief Technology Officer, that happened on Aug 01 ’24 when 11748.0 shares were sold. Chief Technology Officer, Shanmugasundaram Kulesh completed a deal on Jul 01 ’24 to sell 11748.0 shares. Meanwhile, Chief Technology Officer Shanmugasundaram Kulesh sold 11748.0 shares on Jun 03 ’24.

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