In the last trading session, 2.0 million shares of the Angi Inc (NASDAQ:ANGI) were traded, and its beta was 1.91. Most recently the company’s share price was $1.98, and it changed around $0.07 or 3.66% from the last close, which brings the market valuation of the company to $984.59M. ANGI currently trades at a discount to its 52-week high of $3.10, offering almost -56.57% off that amount. The share price’s 52-week low was $1.65, which indicates that the current value has risen by an impressive 16.67% since then. We note from Angi Inc’s average daily trading volume that its 10-day average is 1.54 million shares, with the 3-month average coming to 626.63K.

Angi Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended ANGI as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Angi Inc is expected to report earnings per share of -0.0 for the current quarter.

Angi Inc (NASDAQ:ANGI) trade information

Instantly ANGI has showed a green trend with a performance of 3.66% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.0600 on recent trading dayincreased the stock’s daily price by 3.88%. The company’s shares are currently down -20.48% year-to-date, but still up 2.59% over the last five days. On the other hand, Angi Inc (NASDAQ:ANGI) is -20.16% down in the 30-day period. We can see from the shorts that 7.98 million shares have been sold at a short interest cover period of 23.23 day(s).

The consensus price target as assigned by Wall Street analysts is $3.29, which translates to bulls needing to increase their stock price by 39.82% from its current value. Analyst projections state that ANGI is forecast to be at a low of $2 and a high of $15.

Angi Inc (ANGI) estimates and forecasts

Angi Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -7.04 percent over the past six months and at a 166.67% annual growth rate that is well above the industry average of 14.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -9.82% in revenue this quarter, and will report an increase of 14.45% in the next quarter. The year-over-year growth rate is expected to be -13.78%, down from the previous year.

Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 254.21M in revenue for the current quarter. 6 analysts expect Angi Inc to make 261.65M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 300.43M and 305.39M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -15.39%. Forecasts for the next quarter put sales growth at -14.32%.

Angi Inc earnings are expected to increase by 181.56% in 2024, but the outlook is positive 18.30% per year for the next five years.

ANGI Dividends

Angi Inc’s next quarterly earnings report is expected to be released in December.

Angi Inc (NASDAQ:ANGI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 6.84% of Angi Inc shares, and 72.32% of them are in the hands of institutional investors. The stock currently has a share float of 77.63%. Angi Inc stock is held by 135.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 1.3338% of the shares, which is about 6.7 million shares worth $12.87 million.

PALE FIRE CAPITAL SE, with 1.2757% or 6.41 million shares worth $12.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.