Angi Inc (NASDAQ: ANGI) is -3.61% lower on its value in year-to-date trading and has touched a low of $1.49 and a high of $2.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANGI stock was last observed hovering at around $1.62 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.60, the stock is -6.90% and -7.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -1.23% at the moment leaves the stock -24.59% off its SMA200. ANGI registered -40.74% loss for a year compared to 6-month loss of -38.70%.
The stock witnessed a -12.57% gain in the last 1 month and extending the period to 3 months gives it a -19.19%, and is -4.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.78% over the week and 6.86% over the month.
Angi Inc (ANGI) has around 2800 employees, a market worth around $797.34M and $1.19B in sales. Current P/E ratio is 22.47 and Fwd P/E is 18.17. Profit margin for the company is 3.04%. Distance from 52-week low is 7.38% and -45.11% from its 52-week high. The company has generated returns on investments over the last 12 months (2.26%).
with sales reaching $239.73M over the same period.The EPS is expected to shrink by -16.61% this year, but quarterly earnings will post -12.30% year-over-year. Quarterly sales are estimated to shrink -21.50% in year-over-year returns.
The shares outstanding are 75.79M, and float is at 64.93M with Short Float at 16.73%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.7 million shares valued at $12.87 million. The investor’s holdings represent 1.3338 of the ANGI Shares outstanding. As of 2024-06-30, the second largest holder is PALE FIRE CAPITAL SE with 6.41 million shares valued at $12.31 million to account for 1.2784 of the shares outstanding. The other top investors are ARROWMARK COLORADO HOLDINGS LLC which holds 4.65 million shares representing 0.9261 and valued at over $8.92 million, while FMR LLC holds 0.8751 of the shares totaling 4.39 million with a market value of $8.43 million.
Angi Inc (ANGI) Insider Activity
Angi Inc disclosed in a document filed with the SEC on Nov 15 ’24 that Kip Jeffrey W (CEO) bought a total of 250,000 shares of the company’s common stock. The trade occurred on Nov 15 ’24 and was made at $1.72 per share for $0.43 million. Following the transaction, the insider now directly holds 0.92 million shares of the ANGI stock.
Still, SEC filings show that on Aug 01 ’24, Shanmugasundaram Kulesh (Chief Technology Officer) disposed off 11,748 shares at an average price of $2.32 for $27255.0. The insider now directly holds 125,262 shares of Angi Inc (ANGI).
