ANGI Stock Summary and Trading Ideas (Angi - Class A | NASDAQ:ANGI)

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has three operating segments namely, Ads and Leads that generate maximum revenue, Services, and International (Europe and Canada). The company operates under multiple brands that including Angi, HomeAdvisor, and Handy. The majority of the revenue is earned from the United States.

Angi - Class A trades on the NASDAQ stock market under the symbol ANGI.

As of November 12, 2024, ANGI stock price declined to $2.04 with 3,564,874 million shares trading.

ANGI has a beta of 1.50, meaning it tends to be more sensitive to market movements. ANGI has a correlation of 0.10 to the broad based SPY ETF.

ANGI has a market cap of $1.02 billion. This is considered a Small Cap stock.

Last quarter Angi - Class A reported $297 million in Revenue and $.07 earnings per share. This beat revenue expectation by $199,000 and exceeded earnings estimates by $.07.

In the last 3 years, ANGI traded as high as $11.38 and as low as $1.55.

The top ETF exchange traded funds that ANGI belongs to (by Net Assets): VTI, VB, VXF, VBK, SMLF.

ANGI has underperformed the market in the last year with a price return of +16.6% while the SPY ETF gained +37.3%. ANGI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -18.4% and -13.6%, respectively, while the SPY returned +12.5% and +3.0%, respectively.

ANGI support price is $2.54 and resistance is $2.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ANGI shares will trade within this expected range on the day.