ANGI Homeservices Inc. (NASDAQ:ANGI) traded at $11.85 at last check on Monday, Jun 29, making a downturn move of -1.5% on its previous day’s price.
Looking at the stock we see that its previous close was $12.03 and the beta (5Y monthly) reads 2.1 with the day’s price range being $11.60 – 12.20. The company has a 12-month trailing PE ratio of 395. In terms of its 52-week price range, ANGI has a high of $14.25 and a low of $4.1. The company’s stock has gained about 9.22% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $334.38 Million, with a low of $292.15 Million and a high of $393.6 Million. The median projection represents growth adding up to -4.8% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $1.38 Billion, or +4.4% up from figures reported last year.
On the other hand, looking at the outlook for the ANGI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 15 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the ANGI Homeservices Inc. (ANGI) stock as a Hold, while 12 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Let’s briefly compare ANGI (ANGI) stock to its peers. We find that today’s price change of -1.5% and -8.92% over the past 12 months for ANGI competes that of Alphabet Cl A (GOOGL), which has seen its stock price rise 2.54% in the latest trading session and is +29.03% over the last one year. Another of its peers Alphabet Cl C (GOOG) has climbed 2.58% today, and is +29.06% up over the past year, while Facebook Inc (FB) is also down -1.5% yet its price remains in the red at -8.92% over the same period. Alphabet has a P/E ratio of 28.55 compared to ANGI’s 395 and Alphabet’s 28.14. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 2.32% and 1.47%, respectively, in early deals.
Coming back to ANGI Homeservices Inc. (NASDAQ:ANGI), we note that the average 3-month trading volume was 2.49 Million, while that of the preceding 10-day period stands at 2.18 Million. Current shares outstanding are 72.27 Million.
According to data from Thomson Reuters, insiders hold 1.1% of the company’s shares while institutions hold 128.09%. The data shows that short shares as of June 14, 2020, stood at 43.94 Million at a short ratio of 19.96. This represents a 8.89% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 42.15 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +39.91% up in year-to-date price movement.