Latest news with #Angi
USA Today
11-07-2025
- USA Today
Should you turn off the AC when you're not home? Experts say not so fast
While you're on vacation, you may be tempted to switch off your home air conditioning to save some money on electricity. But is it the best way to lower your monthly electricity bill? With temperatures climbing this season, what's the best way to keep your home cool and your wallet full? Should I turn my AC off when I'm not home? If you're hoping to shrink your bill, you can bump up the thermostat a couple of degrees when you're not home, but you shouldn't turn it off completely. By shutting it off completely, your AC unit actually has to work harder to cool off your home once you return. If you work a full-time job and you are away from home, it does not need to be maintained at the perfect temperature you like it the whole time you're gone. "You're away from your apartment, eight to 12 hours per day, when you leave that apartment, you can turn that back a little bit, because if you don't have pets, I don't need to maintain that apartment at that perfectly condition 72 degrees," said Indiana-based HVAC expert Jerry Alderman. "In the cooling season, turn it up to 75, or 77, that can save you up to 20% on your electric bill alone." What temperature should I set my thermostat to? The experts at Georgia Power recommend keeping your thermostat set to 78 degrees in the summer. The Department of Energy recommends keeping a home warmer than normal when away to avoid unnecessary air conditioning use. It's also worth making sure that your thermostat's fan is set to "Auto" — not "On." Otherwise, it will just continuously blow cool air, even when it doesn't need to. Tips to keep cool this summer: Should your window fan blow in or out? Here's how to cut cooling costs Does cracking the garage door help with heat? Similar to cracking the window, you may be tempted to crack open your garage. Whether or not this is a good idea is up for debate. As described in Angi (formerly known as Angie's List), with the additional ventilation, some fresh air can be let in, slightly cooling the space and making it less stifling. D Bar Garage Doors said it can also dissipate some of the heat that's built up throughout the day. However, experts on Homes & Gardens pointed out some negatives to doing this, including potential security risks, animals getting in, and potentially damaging your door if it's old. Plus, one HVAC specialist they interviewed said, at the end of the day, it's not an effective way to significantly cool your house. Tips for staying cool while keeping electric bills down Here are some things you can do to keep your space cooler that may be more effective long and short term: Miguel Legoas is a Deep South Connect Team Reporter for Gannett/USA Today. Find him on Instagram @miguelegoas and email at mlegoas@
Yahoo
04-07-2025
- Business
- Yahoo
Angi (ANGI): Buy, Sell, or Hold Post Q1 Earnings?
Angi has been treading water for the past six months, recording a small return of 1.5% while holding steady at $16.74. Is there a buying opportunity in Angi, or does it present a risk to your portfolio? Dive into our full research report to see our analyst team's opinion, it's free. We don't have much confidence in Angi. Here are three reasons why we avoid ANGI and a stock we'd rather own. 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. Angi struggled with new customer acquisition over the last two years as its service requests have declined by 24.1% annually to 3.36 million in the latest quarter. This performance isn't ideal because internet usage is secular, meaning there are typically unaddressed market opportunities. If Angi wants to accelerate growth, it likely needs to enhance the appeal of its current offerings or innovate with new products. Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect Angi's revenue to drop by 9.7%. it's hard to get excited about a company that is struggling with demand. Unlike enterprise software that's typically sold by dedicated sales teams, consumer internet businesses like Angi grow from a combination of product virality, paid advertisement, and incentives. It's expensive for Angi to acquire new users as the company has spent 52.6% of its gross profit on sales and marketing expenses over the last year. This inefficiency indicates that Angi's product offering can be easily replicated and that it must continue investing to maintain an acceptable growth trajectory. Angi isn't a terrible business, but it isn't one of our picks. That said, the stock currently trades at 5.6× forward EV/EBITDA (or $16.74 per share). While this valuation is optically cheap, the potential downside is big given its shaky fundamentals. We're fairly confident there are better stocks to buy right now. Let us point you toward one of our top software and edge computing picks. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. 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 Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
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
23-06-2025
- Climate
- Yahoo
Should I crack my garage door to keep my home cool? How to stay cool as Georgia heats up
Georgians may be experiencing pretty frequent rain, but once the sun comes back, it's sure to do so with a vengeance. Long-range forecasts have consistently called for hotter-than-normal summers, and we've already had some days of 90+ temperatures. Many will be looking for easy and cheap ways to keep cool. Similar to cracking the window, you may be tempted to crack open your garage. Whether or not this is a good idea is up for debate. As described in Angi (formerly known as Angi's List), with the additional ventilation, some fresh air can be let in, slightly cooling the space and make it less stifling. D Bar Garage Doors said it can also dissipate some of the heat that's built up throughout the day. However, experts on Homes & Gardens pointed out some negatives to doing this, including potential security risks, animals getting in, and potentially damaging your door if it's old. Plus, one HVAC specialist they interviewed said, at the end of the day, it's not an effective way to significantly cool your house. Here are some things you can do to keep your space cooler that may be more effective long and short term: Wear light-colored and light-weight clothing. Drink plenty of ice-cold water. Close curtains and blinds to keep direct sunlight out. Black out curtains will help with this even more. Run fans, making sure any overhead fans are spinning counter-clockwise. Change your A/C filters and keep vents clear. Close doors and vents of rooms you're not using. But don't close off any rooms that connect to rooms you do use, otherwise you'll block airflow through the area. Georgia Power recommends keeping your thermostat set to 78 degrees in the summer. The Department of Energy recommends keeping a home warmer than normal when away to avoid unnecessary air conditioning use. It's also worth making sure that your thermostat's fan is set to "Auto" not "On." Otherwise, it will just continuously blowing even when it doesn't need to. Miguel Legoas is a Deep South Connect Team Reporter for Gannett/USA Today. Find him on Instagram @miguelegoas and email at mlegoas@ This article originally appeared on Augusta Chronicle: Georgia summer 2025: Does cracking the garage door keep homes cool?
Yahoo
23-06-2025
- Business
- Yahoo
IAC Inc. (IAC): A Bull Case Theory
We came across a bullish thesis on IAC Inc. on High Growth Investing's Substack by Stefan Waldhauser. In this article, we will summarize the bulls' thesis on IAC. IAC Inc.'s share was trading at $ 37.14 as of June 20th. Please note that the original thesis was published in November. A closeup of a digital newsroom, highlighting the complexity of the modern media landscape. IAC, a long-standing holding in the author's model portfolio, continues to trade well below intrinsic value, with shares at $47 and a $4.0 billion market cap following its Q3 2024 report. The planned 2025 spin-off of Angi, IAC's home services platform, represents the company's 10th such move and will distribute roughly 5 Angi shares per IAC share. Despite Angi's recent 30% price drop, restructuring efforts under new CEO Jeff Kip have stabilized the business, with an expected 2024 EBITDA of $130–150 million. Still, Angi trades at a steep discount to its improving fundamentals. IAC's 21.8% stake in MGM—worth ~$2.4 billion—is now its largest asset, growing due to MGM's ongoing buybacks. This alone nearly covers IAC's market cap when combined with $1.1 billion in cash. Thus, all other holdings are effectively valued at zero. Yet, the unlisted portfolio is substantial. Dotdash Meredith, post-merger with Meredith, is recovering, with 2024 EBITDA projected at $300 million; it could be worth ~$2.2 billion. Turo, the car-sharing leader, may IPO at a $3 billion+ valuation, valuing IAC's 32% stake at ~$1 billion. Care, acquired in 2020 and profitable, is conservatively valued at $500 million. Vivian Health, EmployBridge shares, and legacy search assets could be worth another $200 million. Collectively, the unlisted assets are estimated at $3.9 billion, implying ~$46/share in hidden value. The Angi spin-off may reduce structural complexity and better showcase this mispricing. With potential catalysts in 2025, including the Turo IPO or exit, the author remains confident that IAC is primed for a swift re-rating once the market acknowledges its sum-of-the-parts value. Previously, we covered a bullish thesis on IAC Inc. by Boyar Research in February 2025, which highlighted the company's proven spin-off strategy, management reshuffle, and a renewed focus on capital allocation amid ongoing turnarounds at Angi and Dotdash Meredith. The company's stock price has depreciated approximately 20% since our coverage. This is because Angi's underperformance and market skepticism on restructuring masked the sum-of-the-parts value. The thesis still stands as the spin-off and improved fundamentals at core holdings continue to signal long-term upside. Stefan Waldhauser shares a similar view but emphasizes the extreme undervaluation of IAC's unlisted assets and the potential re-rating post-Angi spin-off and Turo's IPO. IAC Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 43 hedge fund portfolios held IAC at the end of the first quarter, which was 54 in the previous quarter. While we acknowledge the risk and potential of IAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
