Angi Inc. (NASDAQ:ANGI) Receives $15.33 Consensus PT from Brokerages

Angi Inc. (NASDAQ:ANGI) has been given a consensus rating of “Hold” by the nine ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $15.3333.

Several equities research analysts have weighed in on ANGI shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $12.00 price target (down from $18.00) on shares of Angi in a research report on Tuesday, February 17th. UBS Group restated a “neutral” rating on shares of Angi in a research report on Thursday, February 12th. Truist Financial set a $17.00 price objective on shares of Angi and gave the company a “buy” rating in a research note on Wednesday, February 11th. KeyCorp set a $11.00 target price on shares of Angi in a report on Thursday, February 12th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Angi in a research note on Monday, December 29th.

Angi Stock Performance

Shares of ANGI stock opened at $7.62 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.65 and a current ratio of 1.65. Angi has a fifty-two week low of $7.29 and a fifty-two week high of $19.42. The stock has a 50 day moving average price of $10.55 and a two-hundred day moving average price of $12.78. The company has a market capitalization of $305.56 million, a P/E ratio of 8.19 and a beta of 1.79.

Angi (NASDAQ:ANGI) last released its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.21). Angi had a net margin of 4.25% and a return on equity of 4.41%. The company had revenue of $240.77 million for the quarter, compared to analysts’ expectations of $245.58 million. During the same period last year, the company posted ($0.03) EPS. The business’s revenue for the quarter was down 10.1% compared to the same quarter last year. Analysts expect that Angi will post 0.08 earnings per share for the current year.

Institutional Investors Weigh In On Angi

A hedge fund recently bought a new stake in Angi stock. Poehling Capital Management INC. bought a new stake in shares of Angi Inc. (NASDAQ:ANGI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,146 shares of the technology company’s stock, valued at approximately $231,000. 12.84% of the stock is currently owned by hedge funds and other institutional investors.

About Angi

Angi (NASDAQ: ANGI) operates a digital marketplace that connects homeowners and renters with service professionals for home improvement, maintenance and repair projects. Through its flagship platform, Angi provides user-friendly tools that allow consumers to research service providers, compare prices, read verified reviews and book appointments. The company’s services span a wide range of home needs, including plumbing, electrical work, landscaping, painting, cleaning, remodeling and general handyman tasks.

Originally founded in 1995 as Angie’s List, the company built its reputation on a subscription-based model and a comprehensive database of customer reviews.