A stock that deserves closer examination: Angi Inc (ANGI)

Within its last year performance, ANGI rose by 23.18%, with highs and lows ranging from $3.10 to $1.54, whereas the simple moving average jumped by 14.71% in the last 200 days.

On July 09, 2024, JMP Securities started tracking Angi Inc (NASDAQ: ANGI) recommending Mkt Outperform. A report published by UBS on February 15, 2023, Upgraded its rating to ‘Neutral’ for ANGI. Citigroup also rated ANGI shares as ‘Buy’, setting a target price of $2.60 on the company’s shares in an initiating report dated December 13, 2022. UBS Initiated an Sell rating on December 02, 2022, and assigned a price target of $2. Goldman initiated its ‘Buy’ rating for ANGI, as published in its report on January 07, 2022. Truist’s report from August 06, 2021 suggests a price prediction of $14 for ANGI shares, giving the stock a ‘Buy’ rating. RBC Capital Mkts also rated the stock as ‘Sector Perform’.

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Analysis of Angi Inc (ANGI)

Further, the quarter-over-quarter decrease in sales is -15.98%, showing a negative trend in the upcoming months.

One of the most important indicators of Angi Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -0.07% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.98, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can also provide valuable insight into volatility, and ANGI is recording 665.85K average volume. On a monthly basis, the volatility of the stock is set at 4.36%, whereas on a weekly basis, it is put at 4.49%, with a gain of 12.92% over the past seven days. Furthermore, long-term investors anticipate a median target price of $3.93, showing growth from the present price of $2.71, which can serve as yet another indication of whether ANGI is worth investing in or should be passed over.

How Do You Analyze Angi Inc Shares?

Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 86.40%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 10.09% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

ANGI shares are owned by institutional investors to the tune of 10.09% at present.

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