Saturday, November 28, 2020

ANGI Homeservices Inc. [ANGI] gain 41.91% so far this year. What now?

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ANGI Homeservices Inc. [NASDAQ: ANGI] loss -2.04% or -0.25 points to close at $12.02 with a heavy trading volume of 1467350 shares. It opened the trading session at $12.36, the shares rose to $12.62 and dropped to $11.97, the range by which the price of stock traded the whole day. The daily chart for ANGI points out that the company has recorded 49.88% gains over the past six months. However, it is still -193.17% lower than its most recent low trading price.

If we look at the average trading volume of 2.54M shares, ANGI reached to a volume of 1467350 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about ANGI Homeservices Inc. [ANGI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ANGI shares is $10.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ANGI stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for ANGI Homeservices Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 21, 2020. While these analysts kept the previous recommendation, Citigroup dropped their target price from $9 to $6.50. The new note on the price target was released on April 08, 2020, representing the official price target for ANGI Homeservices Inc. stock. Previously, the target price had yet another raise to $12, while The Benchmark Company analysts kept a Buy rating on ANGI stock. On October 01, 2019, analysts decreased their price target for ANGI shares from 13 to 11.

The Average True Range (ATR) for ANGI Homeservices Inc. is set at 0.67, with the Price to Sales ratio for ANGI stock in the period of the last 12 months amounting to 4.16. The Price to Book ratio for the last quarter was 4.68. Price to Free Cash Flow for ANGI in the course of the last twelve months was 32.18 with Quick ratio for the last quarter at 2.10.

Trading performance analysis for ANGI stock

ANGI Homeservices Inc. [ANGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.39. With this latest performance, ANGI shares gained by 32.23% in over the last four-week period, additionally plugging by 49.88% over the last 6 months – not to mention a drop of -20.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ANGI stock in for the last two-week period is set at 73.00, with the RSI for the last a single of trading hit 69.76, and the three-weeks RSI is set at 72.34 for ANGI Homeservices Inc. [ANGI]. The present Moving Average for the last 50 days of trading for this stock 8.12, while it was recorded at 12.22 for the last single week of trading, and 7.65 for the last 200 days.

ANGI Homeservices Inc. [ANGI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and ANGI Homeservices Inc. [ANGI] shares currently have an operating margin of +2.91 and a Gross Margin at +89.30. ANGI Homeservices Inc.’s Net Margin is presently recorded at +2.63.

Return on Total Capital for ANGI is now 2.32, given the latest momentum, and Return on Invested Capital for the company is 2.16. Return on Equity for this stock inclined to 2.65, with Return on Assets sitting at 1.87. When it comes to the capital structure of this company, ANGI Homeservices Inc. [ANGI] has a Total Debt to Total Equity ratio set at 28.78. Additionally, ANGI Total Debt to Total Capital is recorded at 22.35, with Total Debt to Total Assets ending up at 19.69. Long-Term Debt to Equity for the company is recorded at 26.73, with the Long-Term Debt to Total Capital now at 20.76.

Reflecting on the efficiency of the workforce at the company, ANGI Homeservices Inc. [ANGI] managed to generate an average of $6,966 per employee. Receivables Turnover for the company is 20.68 with a Total Asset Turnover recorded at a value of 0.71.ANGI Homeservices Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.

ANGI Homeservices Inc. [ANGI]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, ANGI Homeservices Inc. posted 0.01/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ANGI.

An analysis of insider ownership at ANGI Homeservices Inc. [ANGI]

There are presently around $1,115 million, in the hands of institutional investors. The top three institutional holders of ANGI stocks are: LUXOR CAPITAL GROUP, LP with ownership of 10,828,637, which is approximately 0% of the company’s market cap and around 0.90% of the total institutional ownership; FMR LLC, holding 9,329,270 shares of the stock with an approximate value of $114.47 million in ANGI stocks shares; and VANGUARD GROUP INC, currently with $83.9 million in ANGI stock with ownership of nearly 3.912% of the company’s market capitalization.

Positions in ANGI Homeservices Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 68 institutional holders increased their position in ANGI Homeservices Inc. [NASDAQ:ANGI] by around 13,024,305 shares. Additionally, 60 investors decreased positions by around 11,856,387 shares, while 17 investors held positions by with 65,990,165 shares. The mentioned changes placed institutional holdings at 90,870,857 shares, according to the latest SEC report filing. ANGI stock had 32 new institutional investments in for a total of 6,791,918 shares, while 24 institutional investors sold positions of 7,199,028 shares during the same period.

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