Angi Inc (NASDAQ:ANGI) price on Friday, February 07, fall -1.12% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.76.
A look at the stock’s price movement, the close in the last trading session was $1.78, moving within a range at $1.73 and $1.795. The PE ratio in trailing twelve months stood at 28.07. Turning to its 52-week performance, $3.10 and $1.49 were the 52-week high and 52-week low respectively. Overall, ANGI moved 8.64% over the past month.
Angi Inc’s market cap currently stands at around $885.26 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 254.21M for the company’s revenue for the quarter, with a low and high estimate of 252M and 255.5M respectively. The average forecast suggests down to a -15.39% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.17B, representing a -13.78% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ANGI is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 6 recommend ANGI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ANGI’s current price about -2.52% and -1.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.30, while 7-day volatility ratio is 4.33% and 5.66% in the 30-day chart. Further, Angi Inc (ANGI) has a beta value of 1.90, and an average true range (ATR) of 0.09. Analysts have given the company’s stock an average 52-week price target of $3.29, forecast between a low of $2 and high of $15. Looking at the price targets, the low is -13.64% off current price level while to achieve the yearly target high, price needs to move -752.27%. Nonetheless, investors will most likely welcome a -86.93% jump to $3.29 which is the analysts’ median price.
If we refocus on Angi Inc (NASDAQ:ANGI), historical trading data shows that trading volumes averaged 0.76 over the past 10 days and 1.14 million over the past 3 months. The company’s latest data on shares outstanding shows there are 75.71 million shares.
The 87.36% of Angi Inc’s shares are in the hands of company insiders while institutional holders own 9.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.02 million on 2025-01-15, giving us a short ratio of 8.63. The data shows that as of 2025-01-15 short interest in Angi Inc (ANGI) stood at 1410.9999 of shares outstanding, with shares short rising to 8.03 million registered in 2024-12-13. Current price change has pushed the stock 6.02% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ANGI stock continues to rise going into the next quarter.
