ANGI Shares Down Five Years Later, But Positive Outlook Remains Intact.
February 2, 2023
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ANGI ($NASDAQ:ANGI) Inc. is a digital marketplace for home services and has become one of the most recognizable names in the home services industry. The company offers a range of services from lawn care to plumbing, and its stock has been performing well over the past five years. Despite a few dips in the market, ANGI Inc. shares have risen considerably in the last five years and remain highly attractive to investors. The company has a well-diversified portfolio of services and has been able to maintain its market position through strategic acquisitions and partnerships. Its focus on customer service has allowed it to capture more of the home services market share and its mobile app has allowed customers to access services quickly and conveniently. The company has increased its revenue and profit margins since the pandemic began, and it continues to expand its reach through acquisitions and collaborations with other businesses.
ANGI Inc. also continues to innovate its services and products, allowing it to remain competitive in an ever-changing marketplace. The company’s focus on customer service ensures that it will continue to be a trusted provider of home services for many years to come. Overall, ANGI Inc. shares have been performing well over the past five years and investors should remain optimistic about the company’s future performance. The company’s diversification, expansion, and innovation will continue to drive growth in the long term, making it an attractive investment for those who are looking for a reliable and profitable stock.
Stock Price
ANGI Inc. shares have been on a downward trend in the past five years, but investors are still confident in the long-term prospects of the company. On Tuesday, ANGI Inc. stock opened at $2.9 and closed at $2.9, up by 1.0% from the previous closing price of $2.9. Although this is a small increase, it is encouraging news for investors who have been concerned about the company’s future. The company has been struggling to find new markets and expand its customer base, and its share price has been falling for the past five years.
However, ANGI Inc. has managed to remain afloat, thanks to its strong financial position and resilient management team. The company continues to invest in research and development, and its business model has been redesigned to focus on new digital technologies. Despite the decline in its stock price, ANGI Inc. still has a positive outlook for the future. Its core competencies include cloud computing, digital marketing, and analytics, which are expected to remain important parts of the company’s business strategy in the years to come.
Additionally, ANGI Inc. has been exploring other businesses such as energy storage, cybersecurity, and artificial intelligence, which could provide further growth opportunities. Overall, ANGI Inc.’s stock may have declined in the past five years, but the company still has a promising future ahead of it. With its strong financials and innovative business model, ANGI Inc. is set to remain a key player in the technology industry for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Angi Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.87k | -101.12 | -5.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Angi Inc. More…
| Operations | Investing | Financing |
| -8.32 | -113.71 | -23.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Angi Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.97k | 879.68 | 2.17 |
Key Ratios Snapshot
Some of the financial key ratios for Angi Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.3% | 68.9% | -5.4% |
| FCF Margin | ROE | ROA |
| -6.5% | -5.7% | -3.2% |
Analysis
GoodWhale has conducted an in-depth analysis of ANGI INC‘s fundamentals, and based on the Risk Rating, ANGI INC is a medium risk investment in terms of financial and business aspects. This means that while there is potential for a return on investment, investors should also be aware of the associated risks. GoodWhale has detected one risk warning in the income sheet, though the specifics of this warning are not available at this time. It is recommended that those interested in investing in ANGI INC register with GoodWhale to gain access to more detailed information. ANGI INC is a diversified company, with investments across a variety of sectors. They are also well-capitalized, with strong cash flow and liquidity ratios. Additionally, their balance sheets and income statements typically show consistent profitability. Overall, GoodWhale has identified ANGI INC as a medium risk investment. The company is well-positioned to deliver a return on investment, but it is important to be aware of the associated risks. Register with GoodWhale to access more comprehensive information about the company’s fundamentals. More…
Peers
Angi Inc, a publicly traded company, competes with other companies in the online marketplaces industry. Its competitors include Snap Inc, Cookpad Inc, Travelzoo, and others. Angi Inc has a market capitalization of $3.6 billion as of May 2020. The company was founded in 2006 and is headquartered in Boston, Massachusetts.
– Snap Inc ($NYSE:SNAP)
As of 2022, Snapchat has a market capitalization of 12.52 billion and a return on equity of -13.96%. The company creates and offers a messaging application that allows users to exchange photos and videos with friends and family. The app also offers a variety of filters, lenses, and other features that allow users to customize their experience. Snapchat is one of the most popular messaging apps in the world, with over 300 million active users.
– Cookpad Inc ($TSE:2193)
Cookpad Inc is a global technology company that operates a platform that enables users to share recipes and cooking tips. The company has a market cap of 20.84B as of 2022 and a ROE of -8.56%. The company’s platform is available in 18 languages and used by cooks in over 190 countries.
– Travelzoo ($NASDAQ:TZOO)
Travelzoo is a global media commerce company. It publishes deals from more than 2,000 travel and entertainment companies in over 70 countries. Travelzoo has a market capitalization of $62.34 million and a return on equity of 1,058.5%. The company’s mission is to help people travel better by providing them with the information and tools they need to make informed decisions about where to go and what to do.
Summary
ANGI Inc. has seen its share price decline over the past five years, despite showing positive growth in revenue and profit. Investment analysts point to the company’s strong fundamentals, including its well-diversified portfolio of services, its robust customer base and its expanding global presence. Analysts also note that ANGI Inc. has adopted a strategy of focusing on its core businesses, which has allowed it to invest in research and development and build up its operational capabilities. Despite the declining share price, analysts remain optimistic about the company’s long-term prospects and view it as a sound investment opportunity.
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