Angi Inc (NASDAQ: ANGI): Think Like A Lender, Not An Investor

Angi Inc (NASDAQ:ANGI) currently has a daily average trading volume of 1.12M but it saw 5548883 shares traded in last market. With a market cap of 820.13M USD, the company’s current market price of $1.63 came falling about -5.78 while comparing to the previous closing price of $1.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.10 and as low as $1.49. In the recent trading on the day, stock has struck highest price mark of $1.6001 while lowest mark touched by it was $2.07.

Taking a look at 20-day trading activity of Angi Inc (ANGI) gives us an average price of $1.8200, while its current price level is -47.33% below from 52-week high level whereas it is 9.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.7714 while that of 200 days or SMA-200 reads an average of $2.1728. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.47% during that period while stretching the period over a month that decreases to 6.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.57 which implies that the stock is in neutral territory.

Goldman downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 13, 2024 while assigning a price target range of $3.25-$2.50. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3.25 and $2.

Over the week, ANGI’s stock price is moving -11.41% down while it is 4.49% when we observe its performance for the past one month. Year-to-date it is -1.81% down and over the past year, the stock is showing a downside performance of -34.01%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is 0.04. In next quarter, company is expected to be making quarterly sales of $266.03M as analysts are expecting the sales for current fiscal year at $1.03B and seeing the company making $1.11B in sales next year. Moreover, analysts are in estimates of $240.23M for current-quarter revenue.

Currently, Angi Inc’s total number of outstanding shares is 503.15M with 7.74% of that held by the insiders while 72.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.31% and return on equity (ROE) at 3.42%. It has a price to earnings ratio (P/E ratio) of 22.09 while having a 23.05 of forward P/E ratio. Stock’s beta reads 1.91. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is 1.95% on average.