In today’s recent session, 2.09 million shares of the Angi Inc (NASDAQ:ANGI) have been traded, and its beta is 1.91. Most recently the company’s share price was $2.02, and it changed around $0.29 or 16.76% from the last close, which brings the market valuation of the company to $1.02B. ANGI at last check was trading at a discount to its 52-week high of $3.10, offering almost -53.47% off that amount. The share price’s 52-week low was $1.49, which indicates that the recent value has risen by an impressive 26.24% since then. We note from Angi Inc’s average daily trading volume that its 10-day average is 0.72 million shares, with the 3-month average coming to 1.12 million.
Angi Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 6 recommended ANGI as a Hold, whereas 3 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 been showing a green trend so far today with a performance of 16.76% on intraday trading today. 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 1.94%. The company’s shares are currently up 21.69% year-to-date, but still up 9.78% over the last five days. On the other hand, Angi Inc (NASDAQ:ANGI) is 29.49% up in the 30-day period. We can see from the shorts that 9.08 million shares have been sold at a short interest cover period of 9.01 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 38.6% 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
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. 7 analysts expect Angi Inc to make 261.05M 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 -14.52%.
Angi Inc earnings are expected to increase by -48.75% in 2025, but the outlook is positive 5.45% per year for the next five years.
ANGI Dividends
Angi Inc’s next quarterly earnings report is expected to be released in March.
Angi Inc (NASDAQ:ANGI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.74% of Angi Inc shares, and 72.96% of them are in the hands of institutional investors. The stock currently has a share float of 79.08%. Angi Inc stock is held by 134.0 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.
Vanguard Total Stock Market Index Fund and Meridian Small Cap Growth Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 2.21 shares worth $4.42 million, making up 2.72% of all outstanding shares. On the other hand, Meridian Small Cap Growth Fund held roughly 1.95 shares worth around $3.9 million, which represents about 2.40% of the total shares outstanding.
