Added to YB: 2025-03-10
Pitch date: 2025-03-07
ANGI [bullish]
Angi Inc.
-17.52%
current return
Author Info
Michael`s stock safari in GARP-Country is a private investor from Germany who recently sold their internet company. Now writing about GARP stocks and quality investing. Sign up for the newsletter.
Company Info
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.
Market Cap
$487.6M
Pitch Price
$16.10
Price Target
4.80 (-64%)
Dividend
N/A
EV/EBITDA
5.25
P/E
15.77
EV/Sales
0.65
Sector
Interactive Media and Services
Category
special_situation
ANGI Homeservices - an interesting Spin-Off
ANGI: IAC spin-off 3/31/25. CEO Levin taking over, owns 5M shares. Turnaround plan: revenue bottoming 2025 at $920-950M, growing 8-12% after. FCF yield 10%+ by 2026. 2027 est: $1.3B rev, $200M EBITDA. Upside 2-3x. FCC rule impact temporary. Watch for post-spin selloff opportunity.
Read full article (6 min)