How to Buy Angi Stock
Angi Inc
Angi Inc. connects home service professionals with consumers in the United States and internationally.
Angi stock last closed at $3.20, down 1.23% from the previous day, and has decreased 39.85% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.29 percentage points. Angi stock is currently +76.8% from its 52-week low of $1.81, and -49.29% from its 52-week high of $6.31.
As of May 26, 2023, there are 506.57M shares of ANGI outstanding. The market value of ANGI is $1.62B. In the past 24 hours, 567,041 ANGI shares were traded.
How to Buy Angi Stock
Not sure how to invest in Angi stock? Here's how.
- Figure out where to buy Angi stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Angi stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Evaluate Angi stock: The Angi ticker symbol is ANGI. Is Angi stock a good investment? Should you buy shares of ANGI? How do ANGI's underlying business fundamentals look? Do top analysts think Angi is a good buy? Why has ANGI's stock price moved recently? (Hint: Our stock market research website can help you decide if ANGI is a good stock to buy).
- Place your ANGI purchase: Decide if you will purchase ANGI shares at the current market price or use a limit order to purchase ANGI stock at a specific price.
- Keep an eye on your investment in ANGI: Create a watchlist to key updates about your new investment in Angi stock.
Step 1: Figure out where to buy Angi stock
You need an online brokerage account to access the NASDAQ market and buy ANGI stock.
Our favorite brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in ANGI stock today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Enter your personal data to create a new brokerage account.
- Submit your details by clicking the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have created your account on investing apps, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring funds into your new investment account.
Step 4: Evaluate Angi stock
After you have selected the best place to buy Angi stock, it's important to evaluate their stock before you invest, so you actually wrap your head around the risk and opportunity.
Angi quick stats
Angi Zen Score
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on ANGI's stock page.
How is ANGI stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ANGI's fair value.
Using relative valuations metrics:
- ANGI could be undervalued based on its P/B ratio of 1.55x, relative to Internet Content & Information industry P/B ratio of 5.12x
You can access more valuation research on ANGI's stock here.
ANGI Financial Health Summary
Pros:
- ANGI profit margin has gone up from -6.2% to -6% in the past year.
- ANGI has cash burn of 54200000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ANGI balance sheet.
- ANGI has $327.46M in cash and short term investments. This is sufficient to cover its annual cash burn of $54.20M.
Cons:
- There are more long-term liabilities than short-term assets on the ANGI balance sheet.
- Total ANGI debt is higher than 5 years ago, relative to shareholder equity.
- ANGI has a relatively high debt to equity ratio of 0.8.
Do analysts think it's a good time to buy ANGI stock
Out of 7 sell side analysts who give forecasts on ANGI, the consensus analyst rating on Angi is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest ANGI Analyst Recommendations
Brad Erickson, a top 6% analyst from RBC Capital reiterates ANGI with a hold rating and maintains their ANGI price target from $3.50 to $3.50, on May 11, 2023.
Stephen Ju, a top 5% analyst from Credit Suisse reiterates ANGI with a buy rating and maintains their ANGI price target from $7.00 to $7.00, on May 11, 2023.
Kunal Madhukar, a top 18% analyst from UBS upgrades ANGI to a hold rating and raises their ANGI price target from $2.00 to $2.75, on Feb 15, 2023.
Daniel Kurnos, a top 17% analyst from Benchmark maintains ANGI with a strong buy rating and lowers their ANGI price target from $12.00 to $9.00, on Feb 15, 2023.
Peter Saleh, a top 6% analyst from Citigroup maintains ANGI with a strong buy rating and raises their ANGI price target from $2.60 to $3.40, on Feb 13, 2023.
You can dive deeper into what analysts are projecting on the Angi stock forecast page.
Metrics for Advanced ANGI Traders
Is ANGI Growing Revenue?
Last year, ANGI revenue was $1.85B. Over the past 5 year, ANGI's revenue has gone up by 17.05% per year. This was slower than the Internet Content & Information industry average of 21.67%.
You can analyze ANGI's earnings and revenue performance here.
What are ANGI insiders up to?
Over the last 12 months, executives and large shareholders at ANGI have sold more shares than they have bought.
Kulesh Shanmugasundaram, Chief Technology Officer of ANGI, was the latest ANGI insider to sell. They sold $13,363.22 worth of ANGI stock on Apr 19, 2023.
Dig into more about who owns ANGI shares here.
Can I rely on ANGI as an income stream?
No, Angi doesn't provide an income stream by paying out dividends.
What others are saying about ANGI
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ANGI purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and eToro will execute the order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in ANGI
Now that you own some ANGI stock, you'll want to stay up-to-date on your new shares.
Put ANGI on a watchlist to keep tabs on your ANGI stock.
ANGI Feed
How to Buy Stock in Angi
To summarize, here are the 6 steps to buy stock in Angi:
- Figure out where to buy Angi stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Angi stock
- Place your ANGI purchase
- Keep an eye on your investment in ANGI
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Angi, click the button below.
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