Latest news with #ANGI
Yahoo
27-06-2025
- Business
- Yahoo
5 Revealing Analyst Questions From Angi's Q1 Earnings Call
Angi's first quarter saw a sharp year-over-year revenue decline, but results exceeded Wall Street's expectations, leading to a positive market reaction. Management attributed performance to the rollout of 'homeowner choice,' which allows customers to select their service professional directly, resulting in higher customer satisfaction and improved pro win rates. CEO Jeff Kip emphasized that this change marked a significant improvement in user experience, with the company's Net Promoter Score moving from deeply negative to nearly positive for the first time. The adoption of this model, however, led to a notable drop in lead volume, which management cited as the primary reason for lower reported revenue. Is now the time to buy ANGI? Find out in our full research report (it's free). Revenue: $245.9 million vs analyst estimates of $239.4 million (19.5% year-on-year decline, 2.7% beat) Adjusted EBITDA: $27.66 million vs analyst estimates of $21.36 million (11.2% margin, 29.5% beat) Operating Margin: 8.1%, up from 0.9% in the same quarter last year Service Requests: 3.36 million, down 765,000 year on year Market Capitalization: $747.2 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Eric Sheridan (Goldman Sachs) asked about the impact of macroeconomic trends and margin framework. CFO Andrew Russakoff explained that consumer caution has led to smaller job sizes, but Angi's focus on nondiscretionary services and operational discipline provides downside protection. Cory Carpenter (JPMorgan) requested clarity on revenue trends and capital allocation priorities. CEO Jeff Kip emphasized confidence in sequential revenue improvement due to stabilization in proprietary leads and discussed the company's approach to share buybacks and disciplined acquisitions. Justin Patterson (KeyBanc) inquired about future product initiatives and the role of AI. CEO Jeff Kip detailed ongoing improvements in job matching and the rollout of LLM-based AI helpers, highlighting their positive effects on both customer and pro experience. Stephen Ju (UBS) asked about international performance and pro network trends. CEO Jeff Kip explained that restructuring the Canadian business and compliance with European regulations led to temporary declines, but margins improved and network capacity remains robust. Dan Kurnos (The Benchmark Company) questioned pro acquisition strategy and marketing channels. CEO Jeff Kip confirmed a focus on higher-value pros and highlighted successful expansion into new paid acquisition channels, including search and social media. In the coming quarters, the StockStory team will be watching (1) the pace of proprietary channel growth and whether revenue per lead increases as the unified platform rollout progresses, (2) further adoption and impact of AI-driven tools on customer and pro engagement, and (3) stabilization of the pro network as online self-serve pro acquisition ramps up. The effectiveness of cost controls and responses to regulatory changes will also be important factors to monitor. Angi currently trades at $15.41, up from $11.25 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
SolarEdge, GoodRx, BigCommerce, 8x8, and Angi Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.4%, S&P 500 +1.0%) on hopes the reported ceasefire between Israel and Iran will hold. This de-escalation in a volatile region helped to ease concerns about potential disruptions to global oil supplies, leading to a notable dip in crude oil prices. Additionally, dovish signals from Federal Reserve Chair Jerome Powell in his Congressional testimony, reaffirming a "wait-and-see" approach on interest rates, further calmed markets, improving investors' appetite for stocks and other risk assets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Renewable Energy company SolarEdge (NASDAQ:SEDG) jumped 10.4%. Is now the time to buy SolarEdge? Access our full analysis report here, it's free. Healthcare Technology for Patients company GoodRx (NASDAQ:GDRX) jumped 5.7%. Is now the time to buy GoodRx? Access our full analysis report here, it's free. E-commerce Software company BigCommerce (NASDAQ:BIGC) jumped 5.5%. Is now the time to buy BigCommerce? Access our full analysis report here, it's free. Video Conferencing company 8x8 (NASDAQ:EGHT) jumped 6.1%. Is now the time to buy 8x8? Access our full analysis report here, it's free. Gig Economy company Angi (NASDAQ:ANGI) jumped 5.2%. Is now the time to buy Angi? Access our full analysis report here, it's free. SolarEdge's shares are extremely volatile and have had 97 moves greater than 5% over the last year. But moves this big are rare even for SolarEdge and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 7 days ago when the stock dropped 40% on the news that a U.S. Senate panel proposed phasing out solar and wind energy tax credits by 2028, raising concerns about future profitability and project viability for solar companies. The phasing out is expected to begin as early as 2026, diminishing the financial incentives that have been critical drivers of growth in the renewable energy sector. SolarEdge is up 17.7% since the beginning of the year, but at $17.42 per share, it is still trading 47.6% below its 52-week high of $33.25 from June 2024. Investors who bought $1,000 worth of SolarEdge's shares 5 years ago would now be looking at an investment worth $117.32. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
3 Hyped Up Stocks Walking a Fine Line
Exciting developments are taking place for the stocks in this article. They've all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. All that said, here are three stocks that are likely overheated and some you should look into instead. One-Month Return: +36.3% Created by IAC's mergers of Angie's List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US. Why Are We Wary of ANGI? Intense competition is diverting traffic from its platform as its service requests fell by 24.1% annually Forecasted revenue decline of 9.5% for the upcoming 12 months implies demand will fall even further Expensive marketing campaigns hurt its profitability and make us wonder what would happen if it let up on the gas Angi's stock price of $16.55 implies a valuation ratio of 5.3x forward EV/EBITDA. If you're considering ANGI for your portfolio, see our FREE research report to learn more. One-Month Return: +10.1% Appropriately headquartered in Clearwater, Florida, MarineMax (NYSE:HZO) sells boats, yachts, and other marine products. Why Does HZO Fall Short? Ongoing store closures and lackluster same-store sales indicate sluggish demand and a focus on consolidation Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Depletion of cash reserves could lead to a fundraising event that triggers shareholder dilution At $21.45 per share, MarineMax trades at 8.2x forward P/E. Check out our free in-depth research report to learn more about why HZO doesn't pass our bar. One-Month Return: +12.9% Formerly known as Wyndham Destinations, Travel + Leisure (NYSE:TNL) is a global vacation company that provides travelers with vacation ownership, exchange, and travel services. Why Do We Think Twice About TNL? Performance surrounding its tours conducted has lagged its peers Anticipated sales growth of 2.8% for the next year implies demand will be shaky High net-debt-to-EBITDA ratio of 8× could force the company to raise capital at unfavorable terms if market conditions deteriorate Travel + Leisure is trading at $48.15 per share, or 7.3x forward P/E. Dive into our free research report to see why there are better opportunities than TNL. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
Why Angi (ANGI) Stock Is Up Today
What Happened? Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 29.5% in the afternoon session after the company reported impressive first quarter 2025 results which beat analysts' revenue, EPS, and EBITDA expectations. The real story for the quarter was the profit rebound, a turnaround from the prior year driven by cuts in acquisition and marketing costs. On the other hand, its number of requests declined, and it pulled its full-year guidance. Still, we think this was a solid quarter with some key areas of upside. Is now the time to buy Angi? Access our full analysis report here, it's free. What The Market Is Telling Us Angi's shares are extremely volatile and have had 32 moves greater than 5% over the last year. But moves this big are rare even for Angi and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock gained 28.8% on the news that the company reported strong second quarter 2024 results. Angi beat analysts' revenue and service request expectations this quarter, but we note that sales growth was quite weak, and requests declined. Overall, this was a decent quarter for Angi. Angi is down 10.1% since the beginning of the year, and at $14.57 per share, it is trading 49.4% below its 52-week high of $28.80 from September 2024. Investors who bought $1,000 worth of Angi's shares 5 years ago would now be looking at an investment worth $180.93. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
07-05-2025
- Business
- Yahoo
Angi's (NASDAQ:ANGI) Q1: Beats On Revenue, Stock Jumps 13.3%
Home services online marketplace ANGI (NASDAQ: ANGI) beat Wall Street's revenue expectations in Q1 CY2025, but sales fell by 19.5% year on year to $245.9 million. Its GAAP profit of $0.30 per share was significantly above analysts' consensus estimates. Is now the time to buy Angi? Find out in our full research report. Angi (ANGI) Q1 CY2025 Highlights: Revenue: $245.9 million vs analyst estimates of $239.4 million (19.5% year-on-year decline, 2.7% beat) EPS (GAAP): $0.30 vs analyst estimates of -$0.06 (significant beat) Adjusted EBITDA: $27.7 million vs analyst estimates of $21.36 million (11.3% margin, 29.7% beat) Operating Margin: 8.1%, up from 0.9% in the same quarter last year Free Cash Flow was -$15.7 million, down from $27.09 million in the previous quarter Service Requests: 3.36 million, down 765,000 year on year Market Capitalization: $554.8 million Company Overview Created by IAC's mergers of Angie's List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US. Sales Growth A company's long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Angi struggled to consistently generate demand over the last three years as its sales dropped at a 10.8% annual rate. This wasn't a great result and is a tough starting point for our analysis. Angi Quarterly Revenue This quarter, Angi's revenue fell by 19.5% year on year to $245.9 million but beat Wall Street's estimates by 2.7%. Looking ahead, sell-side analysts expect revenue to decline by 7.5% over the next 12 months. While this projection is better than its three-year trend, it's hard to get excited about a company that is struggling with demand. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Service Requests Request Growth As a gig economy marketplace, Angi generates revenue growth by expanding the number of services on its platform (e.g. rides, deliveries, freelance jobs) and raising the commission fee from each service provided.
