At the time of writing, Angi Inc [ANGI] stock is trading at $1.62, down -2.41%. 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 1.25% over the last week, with a monthly amount drifted -18.18%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Angi Inc [NASDAQ: ANGI] stock has seen the most recent analyst activity on December 18, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Goldman downgraded its rating to Neutral on November 13, 2024, and dropped its price target to $2.50. On November 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $2 on the stock. JMP Securities started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $3.25 on July 09, 2024. UBS upgraded its rating to a Neutral and raised its price target to $2.75 on February 15, 2023. Citigroup started tracking with a Buy rating for this stock on December 13, 2022, and assigned it a price target of $2.60. In a note dated December 02, 2022, UBS initiated an Sell rating and provided a target price of $2 on this stock.
For the past year, the stock price of Angi Inc fluctuated between $1.57 and $3.10. Currently, Wall Street analysts expect the stock to reach $3.25 within the next 12 months. Angi Inc [NASDAQ: ANGI] shares were valued at $1.62 at the most recent close of the market. An investor can expect a potential return of 100.62% based on the average ANGI price forecast.
Analyzing the ANGI fundamentals
According to Angi Inc [NASDAQ:ANGI], the company’s sales were 1.22B for trailing twelve months, which represents an -20.20% plunge. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 0.02%, 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 0.03 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
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 1.5900 points at the first support level, and at 1.5600 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6600, and for the 2nd resistance point, it is at 1.7000.
Ratios To Look Out For
It is important to note that Angi Inc [NASDAQ:ANGI] has a current ratio of 2.05. In addition, the Quick Ratio stands at 2.05 and the Cash Ratio stands at 1.62. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 0.75 and price to earnings (TTM) ratio is 25.84.
Transactions by insiders
Recent insider trading involved Kip Jeffrey W, CEO, that happened on Nov 15 ’24 when 0.25 million shares were purchased. Chief Technology Officer, Shanmugasundaram Kulesh completed a deal on Aug 01 ’24 to sell 11748.0 shares. Meanwhile, Chief Technology Officer Shanmugasundaram Kulesh sold 11748.0 shares on Jul 01 ’24.
