Angi (NASDAQ:ANGI) Trading 7% Higher - What's Next?

Angi Inc. (NASDAQ:ANGI - Get Free Report) traded up 7% on Friday . The company traded as high as $13.88 and last traded at $13.8750. 306,309 shares were traded during mid-day trading, a decline of 64% from the average session volume of 855,899 shares. The stock had previously closed at $12.97.Analyst Upgrades and DowngradesWalmart: Retail Juggernaut Has More Room to Grow for Investors Several equities analysts recently issued reports on the company. Weiss Ratings restated a "sell (d)" rating on shares of Angi in a research note on Monday. KeyCorp reduced their target price on shares of Angi from $20.00 to $17.00 and set an "overweight" rating for the company in a research note on Thursday, November 6th. Wall Street Zen lowered shares of Angi from a "buy" rating to a "hold" rating in a research note on Saturday, October 25th. UBS Group reduced their price objective on Angi from $22.00 to $15.00 and set a "neutral" rating for the company in a research report on Monday, November 10th. Finally, Royal Bank Of Canada decreased their price objective on Angi from $20.00 to $18.00 and set a "sector perform" rating for the company in a report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Angi presently has an average rating of "Hold" and a consensus target price of $19.75.Get Our Latest Stock Analysis on ANGIAngi Stock Up 6.5% ANGI Home Services Stock Providing Pullback OpportunitiesThe firm has a market cap of $595.90 million, a price-to-earnings ratio of 18.18 and a beta of 1.74. The stock's 50 day moving average is $13.04 and its 200 day moving average is $15.46. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.50. Angi (NASDAQ:ANGI - Get Free Report) last released its earnings results on Tuesday, November 4th. The technology company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.10). Angi had a return on equity of 3.44% and a net margin of 3.34%.The firm had revenue of $265.63 million during the quarter, compared to analyst estimates of $268.96 million. The business's revenue for the quarter was down 10.5% compared to the same quarter last year. Analysts forecast that Angi Inc. will post 0.08 EPS for the current year. Institutional Investors Weigh In On AngiA hedge fund recently bought a new stake in Angi stock. Poehling Capital Management INC. bought a new position in shares of Angi Inc. (NASDAQ:ANGI - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,146 shares of the technology company's stock, valued at approximately $231,000. 12.84% of the stock is owned by institutional investors and hedge funds. About Angi (Get Free Report)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.Read MoreFive stocks we like better than Angi3 Healthcare Dividend Stocks to BuyKraken Robotics Stock Exploded 1,000%—Now Wall Street Is Paying AttentionWhat is the Dogs of the Dow Strategy? Overview and ExamplesKroger Stock Analysis: Digital Pivot, Dividend Safety & 2026 Growth PlanLow PE Growth Stocks: Unlocking Investment OpportunitiesWill Crypto Miners Pivot to AI? Latest on 3 Key PlayersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Angi Right Now?Before you consider Angi, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Angi wasn't on the list.While Angi currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here