During the last session, Angi Inc (NASDAQ:ANGI)’s traded shares were 0.37 million, with the beta value of the company hitting 1.86. At the end of the trading day, the stock’s price was $15.92, reflecting an intraday loss of -6.63% or -$1.13. The 52-week high for the ANGI share is $29.15, that puts it down -83.1 from that peak though still a striking 6.41% gain since the share price plummeted to a 52-week low of $14.90. The company’s market capitalization is $798.44M, and the average intraday trading volume over the past 10 days was 0.27 million shares, and the average trade volume was 148.82K shares over the past three months.
Angi Inc (ANGI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. ANGI has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.
Angi Inc (NASDAQ:ANGI) trade information
Angi Inc (ANGI) registered a -6.63% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.63% in intraday trading to $15.92, hitting a weekly high. The stock’s 5-day price performance is 2.05%, and it has moved by -5.24% in 30 days. Based on these gigs, the overall price performance for the year is -40.60%. The short interest in Angi Inc (NASDAQ:ANGI) is 1.29 million shares and it means that shorts have 7.96 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.29, which implies a decrease of -383.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $15 respectively. As a result, ANGI is trading at a premium of 5.78% off the target high and 87.44% off the low.
Angi Inc (ANGI) estimates and forecasts
In the rating firms’ projections, revenue will decrease -12.30% 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 239.73M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 266.76M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 305.39M and 315.13M respectively. In this case, analysts expect current quarter sales to shrink by -21.50% and then drop by -15.35% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.11%. While earnings are projected to return -35.13% in 2025, the next five years will return 22.92% per annum.
ANGI Dividends
Angi Inc is due to release its next quarterly earnings on 2024-Nov-10. 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
Angi Inc insiders own 15.40% of total outstanding shares while institutional holders control 64.28%, with the float percentage being 75.98%. VANGUARD GROUP INC is the largest shareholder of the company, while 141.0 institutions own stock in it. As of 2024-06-30, the company held over 6.7 million shares (or 1.3338% of all shares), a total value of $12.87 million in shares.
The next largest institutional holding, with 6.41 million shares, is of PALE FIRE CAPITAL SE’s that is approximately 1.2784% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.31 million.
Also, the Mutual Funds coming in first place with the largest holdings of Angi Inc (ANGI) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Meridian Fund Inc-Meridian Small Cap Growth Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 209.46 shares. This amounts to just over 0.26 percent of the company’s overall shares, with a $3.33 million market value. The same data shows that the other fund manager holds slightly less at 187.28, or about 0.23% of the stock, which is worth about $2.98 million.
