Evaluating Angi: Insights From 4 Financial Analysts

During the last three months, 4 analysts shared their evaluations of Angi ANGI, revealing diverse outlooks from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $2.96, a high estimate of $3.25, and a low estimate of $2.60. Experiencing a 11.9% decline, the current average is now lower than the previous average price target of $3.36.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Angi among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Angi. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Angi compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Angi's stock. This analysis reveals shifts in analysts' expectations over time.

For valuable insights into Angi's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Angi analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

All You Need to Know About Angi

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.

Breaking Down Angi's Financial Performance

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Challenges: Angi's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -19.2%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.

Net Margin: Angi's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -1.85%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Angi's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.53%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Angi's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.3%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Angi's debt-to-equity ratio is below the industry average at 0.48, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.