Angi Inc (ANGI, Financial), a prominent player in the interactive media industry, has recently witnessed a notable surge in its stock price. Over the past week, the company's shares have increased by an impressive 20.36%, and over the last three months, the stock has gained 13.90%. Currently, Angi Inc boasts a market capitalization of $1.17 billion, with a stock price of $2.34. According to GuruFocus, the GF Value of Angi Inc is $2.51, suggesting that the stock is fairly valued at its current price, a shift from being modestly undervalued three months ago when the GF Value was $3.33.
Company Overview
Angi Inc operates under various brands including Angi, HomeAdvisor, and Handy, primarily in the U.S., with segments in Europe and Canada. The company's business model focuses on connecting consumers with quality home service professionals for a range of services from repair and remodeling to cleaning and landscaping. The Ads and Leads segment is the major revenue contributor, followed by Services and International operations.
Assessing Profitability
Despite challenging market conditions, Angi Inc maintains a Profitability Rank of 4/10. The company's Operating Margin stands at -1.05%, which is better than 46.9% of its peers in the industry. Additionally, its Return on Equity (ROE) and Return on Assets (ROA) are -2.62% and -1.45% respectively, positioning Angi above nearly half of the companies in its sector. The Return on Invested Capital (ROIC) is -1.04%, also surpassing 47.97% of competitors. Over the past decade, Angi has been profitable for three years, which is better than 32.11% of its peers.
Growth Metrics
Angi's Growth Rank is currently at 2/10. The company has experienced a 3-Year Revenue Growth Rate per Share of -3.00%, which, although negative, still ranks better than 30.81% of its industry counterparts. The 5-Year Revenue Growth Rate per Share has been more positive at 5.90%, outperforming 49.33% of competitors. However, the 3-Year EPS without NRI Growth Rate has significantly declined by -90.30%, placing Angi better than only 2.72% of companies in its sector.
Major Stakeholders
One of the notable investors in Angi Inc is Jim Simons, who holds 3,213,735 shares, accounting for 0.64% of the company's shares.
Competitive Landscape
Angi Inc operates in a competitive environment with key players like Fiverr International Ltd (FVRR, Financial) with a market cap of $942.589 million, Nerdwallet Inc (NRDS, Financial) valued at $1.19 billion, and TechTarget Inc (TTGT, Financial) at $954.381 million. These companies, like Angi, are significant players within the interactive media industry, each with unique strengths and market strategies.
Conclusion
Angi Inc's recent stock performance reflects a positive market response to its operational strategies and market positioning. Despite some challenges in profitability and growth metrics, the company's ability to maintain a competitive stance in a tough market is commendable. Investors and market watchers will be keen to see how Angi leverages its assets and brand strength moving forward in the dynamic interactive media landscape.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
