In the latest trading session,, 0.48 million Angi Inc (NASDAQ:ANGI) shares changed hands as the company’s beta touched 1.80. With the company’s most recent per share price at $12.38 changing hands around $0.41 or 3.43% at last look, the market valuation stands at $620.89M. ANGI’s current price is a discount, trading about -135.46% off its 52-week high of $29.15. The share price had its 52-week low at $11.00, which suggests the last value was 11.15% up since then. When we look at Angi Inc’s average trading volume, we note the 10-day average is 1.86 million shares, with the 3-month average coming to 428.96K.
Analysts gave the Angi Inc (ANGI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ANGI as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Angi Inc’s EPS for the current quarter is expected to be -0.06.
Angi Inc (NASDAQ:ANGI) trade information
Instantly ANGI is in green as seen in intraday trades today. With action -11.57%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -25.42%, with the 5-day performance at -11.57% in the red. However, in the 30-day time frame, Angi Inc (NASDAQ:ANGI) is -21.15% down. Looking at the short shares, we see there were 1.29 million shares sold at short interest cover period of 7.96 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.29, meaning bulls need a downside of -276.29% from its recent market value. According to analyst projections, ANGI’s forecast low is 2 with 15 as the target high. To hit the forecast high, the stock’s price needs a -21.16% plunge from its current level, while the stock would need to tank 83.84% for it to hit the projected low.
Angi Inc (ANGI) estimates and forecasts
Year-over-year growth is forecast to reach -12.30% down from the last financial year. Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 239.73M. 9 analysts are of the opinion that Angi Inc’s revenue for the current quarter will be 266.76M. The company’s revenue for the corresponding quarters a year ago was 305.39M and 315.13M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -21.50%. The estimates for the next quarter sales put growth at -15.35%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 1.11%. The 2025 estimates are for Angi Inc earnings to decrease by -35.13%, but the outlook for the next 5-year period is at 22.92% per year.
Angi Inc (NASDAQ:ANGI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.97% of Angi Inc shares while 5.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.82%. There are 5.76% institutions holding the Angi Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 1.3338% of the shares, roughly 6.7 million ANGI shares worth $12.87 million.
PALE FIRE CAPITAL SE holds the second largest percentage of outstanding shares, with 1.2784% or 6.41 million shares worth $12.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Meridian Fund Inc-Meridian Small Cap Growth Fund . With 209.46 shares estimated at $2.6 million under it, the former controlled 0.26% of total outstanding shares. On the other hand, Meridian Fund Inc-Meridian Small Cap Growth Fund held about 0.23% of the shares, roughly 187.28 shares worth around $2.32 million.
