With 1.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.26 million shares. The 52-week range on ANGI shows that it touched its highest point at $29.15 and its lowest point at $10.88 during that stretch. It currently has a 1-year price target of $20.75. Beta for the stock currently stands at 1.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ANGI was down-trending over the past week, with a drop of -5.35%, but this was down by -3.73% over a month. Three-month performance dropped to -2.84% while six-month performance fell -15.38%. The stock lost -25.40% in the past year, while it has lost -5.18% so far this year. A look at the trailing 12-month EPS for ANGI yields 1.04 with Next year EPS estimates of 1.13. For the next quarter, that number is 0.24. This implies an EPS growth rate of 61.01% for this year and 0.12% for next year. EPS is expected to grow by 24.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.11%.
Float and Shares Shorts:
At present, 49.54 million ANGI shares are outstanding with a float of 43.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ANGI since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.80091 being high and $0.67261 being low. For ANGI, this leads to a yearly average estimate of $0.7687. Based on analyst estimates, the high estimate for the next quarter is $0.36 and the low estimate is $0.24. The average estimate for the next quarter is thus $0.31.
