Angi Inc. (NASDAQ:ANGI) Given Consensus Rating of “Hold” by Analysts

Shares of Angi Inc. (NASDAQ:ANGI) have received an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $30.50.

Several research analysts have recently issued reports on ANGI shares. StockNews.com cut Angi from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Angi in a research report on Wednesday, December 18th. Citigroup boosted their price target on shares of Angi from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Finally, JMP Securities lowered their price objective on shares of Angi from $30.00 to $27.50 and set a “market outperform” rating on the stock in a research note on Thursday, February 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC raised its position in shares of Angi by 16.8% during the fourth quarter. Jane Street Group LLC now owns 50,920 shares of the technology company’s stock worth $85,000 after purchasing an additional 7,340 shares during the period. Jones Financial Companies Lllp increased its stake in Angi by 38.8% in the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company’s stock worth $47,000 after purchasing an additional 7,944 shares in the last quarter. Barclays PLC raised its holdings in Angi by 1,255.5% during the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company’s stock worth $42,000 after buying an additional 15,191 shares during the period. Raymond James Financial Inc. purchased a new stake in Angi during the fourth quarter valued at about $27,000. Finally, PNC Financial Services Group Inc. lifted its stake in Angi by 24.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 88,476 shares of the technology company’s stock valued at $147,000 after buying an additional 17,605 shares in the last quarter. Institutional investors own 12.84% of the company’s stock.

Angi Stock Performance

Shares of NASDAQ ANGI opened at $15.92 on Friday. Angi has a 12-month low of $14.90 and a 12-month high of $29.15. The company has a market cap of $791.65 million, a PE ratio of 199.02 and a beta of 1.91. The stock has a 50 day simple moving average of $17.18 and a 200-day simple moving average of $19.98. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.47.

About Angi

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.