Angi Inc. (NASDAQ:ANGI) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts give Angi an average recommendation of Hold from nine brokerages (1 sell, 5 hold, 3 buy), with a mean 12‑month target price of $15.60.
• Angi's most recent quarter missed estimates—EPS $0.17 vs. $0.38 expected—and revenue declined 10.1% year‑over‑year to $240.77 million.
• Shares trade around $7.64 with a market capitalization of about $306 million and a P/E of 8.22, near a one‑year low of $6.43 (one‑year high $19.42).

Angi Inc. (NASDAQ:ANGI - Get Free Report) has earned an average recommendation of "Hold" from the nine brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $15.60.

Several research analysts have recently issued reports on ANGI shares. Zacks Research raised Angi from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. KeyCorp set a $11.00 target price on shares of Angi in a research report on Thursday, February 12th. Weiss Ratings reissued a "sell (d)" rating on shares of Angi in a report on Friday, March 27th. UBS Group restated a "neutral" rating on shares of Angi in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $12.00 price target (down from $18.00) on shares of Angi in a research note on Tuesday, February 17th.

Angi Stock Performance

NASDAQ ANGI opened at $7.64 on Friday. The firm's 50 day simple moving average is $7.55 and its 200 day simple moving average is $10.62. The firm has a market capitalization of $306.36 million, a price-to-earnings ratio of 8.22 and a beta of 1.70. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.54. Angi has a 1 year low of $6.43 and a 1 year high of $19.42.

Angi (NASDAQ:ANGI - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.21). The business had revenue of $240.77 million during the quarter, compared to analyst estimates of $245.58 million. Angi had a net margin of 4.25% and a return on equity of 4.41%. The business's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the business earned ($0.03) earnings per share. As a group, research analysts expect that Angi will post 0.85 earnings per share for the current fiscal year.

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.

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