The stock of Angi Inc (ANGI) has seen a -5.42% decrease in the past week, with a -20.71% drop in the past month, and a -35.12% decrease in the past quarter. The volatility ratio for the week is 5.56%, and the volatility levels for the past 30 days are at 5.10% for ANGI. The simple moving average for the past 20 days is -6.94% for ANGI’s stock, with a -29.50% simple moving average for the past 200 days.
Is It Worth Investing in Angi Inc (NASDAQ: ANGI) Right Now?
Angi Inc (NASDAQ: ANGI) has a price-to-earnings ratio of 25.04x that is above its average ratio. Additionally, the 36-month beta value for ANGI is 1.85. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for ANGI is 64.12M and currently, short sellers hold a 12.53% ratio of that float. The average trading volume of ANGI on January 10, 2025 was 922.60K shares.
ANGI) stock’s latest price update
Angi Inc (NASDAQ: ANGI)’s stock price has decreased by -3.09 compared to its previous closing price of 1.62. However, the company has seen a -5.42% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-12-06 that Despite a 24.1% YTD decline, AGNI’s strong customer metrics, operational efficiency and strategic shift to consumer choice present a compelling buying opportunity.
Analysts’ Opinion of ANGI
Goldman, on the other hand, stated in their research note that they expect to see ANGI reach a price target of $2.50, previously predicting the price at $3.25. The rating they have provided for ANGI stocks is “Neutral” according to the report published on November 13th, 2024.
Citigroup gave a rating of “Neutral” to ANGI, setting the target price at $2 in the report published on November 13th of the previous year.
ANGI Trading at -19.32% from the 50-Day Moving Average
After a stumble in the market that brought ANGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.27% of loss for the given period.
Volatility was left at 5.10%, however, over the last 30 days, the volatility rate increased by 5.56%, as shares sank -19.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.12% lower at present.
During the last 5 trading sessions, ANGI fell by -5.42%, which changed the moving average for the period of 200-days by -38.43% in comparison to the 20-day moving average, which settled at $1.6870. In addition, Angi Inc saw -5.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANGI starting from Kip Jeffrey W, who purchase 250,000 shares at the price of $1.72 back on Nov 15 ’24. After this action, Kip Jeffrey W now owns 917,331 shares of Angi Inc, valued at $430,000 using the latest closing price.
Shanmugasundaram Kulesh, the Chief Technology Officer of Angi Inc, sale 11,748 shares at $2.32 during a trade that took place back on Aug 01 ’24, which means that Shanmugasundaram Kulesh is holding 125,262 shares at $27,255 based on the most recent closing price.
Stock Fundamentals for ANGI
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.91 for the gross margin
The net margin for Angi Inc stands at 0.03. The total capital return value is set at 0.02. Equity return is now at value 3.77, with 2.11 for asset returns.
Based on Angi Inc (ANGI), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 1.36.
Currently, EBITDA for the company is 93.49 million with net debt to EBITDA at 0.82. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The receivables turnover for the company is 23.24for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.
Conclusion
In conclusion, Angi Inc (ANGI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
