Angi Inc [NASDAQ: ANGI] loss -5.78% or -0.1 points to close at $1.63 with a heavy trading volume of 5548883 shares.
The daily chart for ANGI points out that the company has recorded -29.74% loss over the past six months.
If we look at the average trading volume of 1.12M shares, ANGI reached to a volume of 5548883 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Angi Inc [ANGI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ANGI shares is $2.98 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 2.20. 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.
JP Morgan have made an estimate for Angi Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $3.25 to $2.50. The new note on the price target was released on November 13, 2024, representing the official price target for Angi Inc stock. Previously, the target price had yet another drop from $3.25 to $2, while Citigroup kept a Neutral rating on ANGI stock.
The Average True Range (ATR) for Angi Inc is set at 0.12, with the Price to Sales ratio for ANGI stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 0.83. Price to Free Cash Flow for ANGI in the course of the last twelve months was 6.57 with Quick ratio for the last quarter at 2.05.
Trading performance analysis for ANGI stock
Angi Inc [ANGI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.41. With this latest performance, ANGI shares gained by 4.49% in over the last four-week period, additionally sinking by -29.74% over the last 6 months – not to mention a drop of -34.01% 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 36.57, with the RSI for the last a single of trading hit 29.55, and the three-weeks RSI is set at 39.65 for Angi Inc [ANGI]. The present Moving Average for the last 50 days of trading for this stock 1.7714, while it was recorded at 1.7300 for the last single week of trading, and 2.1728 for the last 200 days.
Angi Inc [ANGI]: A deeper dive into fundamental analysis
Angi Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.05 and a Current Ratio set at 2.14.
Angi Inc [ANGI]: An earnings per share (EPS) analysis
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Angi Inc go to 8.74%.
An analysis of Institutional ownership at Angi Inc [ANGI]
There are presently around $72.96%, or 79.08%% of ANGI stock, in the hands of institutional investors. The top three institutional holders of ANGI stocks are: VANGUARD GROUP INC with ownership of 6.7 million shares, which is approximately 1.3338%. PALE FIRE CAPITAL SE, holding 6.41 million shares of the stock with an approximate value of $$12.31 million in ANGI stocks shares; and PALE FIRE CAPITAL SE, currently with $$8.92 million in ANGI stock with ownership which is approximately 0.9242%.
