Angi Could Be the Next Uber. Its Stock Looks Too Cheap. [MarketWatch]
Angi Inc. - Class A (ANGI)
Last angi inc. - class a earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
ir.angihomeservices.com/investor-overview
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Source: MarketWatch
But for anyone who has dealt with a leaky faucet or overgrown tree, the Covid era has been another reminder: Good help is hard to find. Angi (ticker: ANGI) has spent the past 25 years trying to solve the problem. For most of that time, the company used internet ads to match homeowners with prescreened plumbers, carpenters, and landscapers. It was a decent business, but the model stalled during the pandemic. Overworked contractors, faced with overwhelming demand, have had little need to pay for advertising. Revenue for Angi's ads and leads business, which is about three-quarters of company revenue, was flat in the latest quarter, even as demand for contractors surged. The company's stock is down 33% over the past 12 months. But Angi is working on a fix and—in a world of pricey internet stocks—the stock now looks like a bargain. Angi, which stems from the 2017 merger of Angie's List and HomeAdvisor, has begun to take a more active role in the relationship between homeowners and co
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ANGI
News
- Here are some tips for homebuyers to save on costs with newly built homes, experts say [CNBC]CNBC
- Nearly 35% fail driver's license tests: Indiana leads the way [USA TODAY]USA TODAY
- Angi (ANGI) Flat As Market Sinks: What You Should Know [Yahoo! Finance]Yahoo! Finance
- IAC TO ANNOUNCE Q1 2024 EARNINGS ON MAY 7th AND HOST EARNINGS CONFERENCE CALL ON MAY 8thPR Newswire
- Angi Inc. to Announce Q1 2024 Earnings on May 7th and Host Earnings Conference Call on May 8thGlobeNewswire
ANGI
Earnings
- 2/13/24 - Beat
ANGI
Sec Filings
- 4/11/24 - Form 4
- 4/9/24 - Form 8-K
- 4/2/24 - Form 4
- ANGI's page on the SEC website