Angi Inc. connects home professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads; Services; and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated professionals, and refers consumers to independently established home professionals. The company connects consumers with professionals in various service categories in its nationwide network through its digital marketplace and certain third-party affiliate platforms. It also provides consumers access to online True Cost Guide, which provides project cost information for various project types nationwide, ratings, reviews, and promotions, as well as a library of home services-related content. In addition, the company sells memberships, term-based website, mobile, magazine advertising, and subscriptions to approved professionals through its salesforce and online. Further, it offers pre-priced offering, pursuant to which consumer requests services through the platform. Additionally, the company owns and operates international businesses that connect consumers with home professionals under HomeStars, MyBuilder, MyHammer, Travaux, and Werkspot home services marketplaces. It operates under multiple brands, including Angi, HomeAdvisor, and Handy. The company was formerly known as ANGI Homeservices Inc. and changed its name to Angi Inc. in March 2021. The company was founded in 1995 and is headquartered in Denver, Colorado. Angi Inc. is a subsidiary of IAC Inc.
IAC Spin-off Impact | Delve into the potential implications of Angi's planned spin-off from IAC, including increased independence, improved stock liquidity, and strategic flexibility |
Analyst Outlook | Average price target of $2.71, with analysts' estimates ranging from $2.00 to $3.25, reflecting varied perspectives on Angi's growth potential and market position |
Platform Overhaul | Explore Angi's efforts to consolidate its offerings into a unified platform, aiming to enhance user experience and drive engagement for both homeowners and professionals |
Turnaround Challenges | Angi faces revenue declines and operational hurdles as it implements a comprehensive turnaround strategy in the competitive home services marketplace |
Metrics to compare | ANGI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipANGIPeersSector | |
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P/E Ratio | 23.5x | −0.6x | 4.9x | |
PEG Ratio | 0.12 | 0.00 | 0.01 | |
Price / Book | 0.8x | 1.9x | 1.8x | |
Price / LTM Sales | 0.7x | 1.3x | 1.4x | |
Upside (Analyst Target) | 47.1% | 37.6% | 24.1% | |
Fair Value Upside | Unlock | 32.3% | 15.6% | Unlock |