After A 0.52% Jump In The Last Week, Does Angi Inc (NASDAQ: ANGI) Still Make Sense To Buy?

During the last session, Angi Inc (NASDAQ:ANGI)’s traded shares were 0.65 million, with the beta value of the company hitting 2.00. At the end of the trading day, the stock’s price was $1.92, reflecting an intraday gain of 3.78% or $0.07. The 52-week high for the ANGI share is $4.18, that puts it down -117.71 from that peak though still a striking 19.79% gain since the share price plummeted to a 52-week low of $1.54. The company’s market capitalization is $963.34M, and the average trade volume was 898.39K shares over the past three months.

Angi Inc (NASDAQ:ANGI) trade information

Angi Inc (ANGI) registered a 3.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.78% in intraday trading to $1.92, hitting a weekly high. The stock’s 5-day price performance is 0.52%, and it has moved by -5.42% in 30 days. Based on these gigs, the overall price performance for the year is -44.51%.

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Angi Inc (ANGI) estimates and forecasts

Statistics show that Angi Inc has outperformed its competitors in share price, compared to the industry in which it operates. Angi Inc (ANGI) shares have gone down -23.20% during the last six months, with a year-to-date growth rate more than the industry average at 83.33% against 16.20. In the rating firms’ projections, revenue will decrease -11.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 304.2M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 312.16M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 403.17M and 371.84M respectively. In this case, analysts expect current quarter sales to shrink by -24.50% and then drop by -16.00% in the coming quarter.

While earnings are projected to return 93.32% in 2024.

ANGI Dividends

Angi Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Angi Inc (NASDAQ:ANGI)’s Major holders