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Added to YB: 2025-03-10

Pitch date: 2025-03-07

ANGI [bullish]

Angi Inc.

-56.4%

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 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; and connects consumers with professionals in various service categories in its nationwide network through digital marketplace and certain third-party affiliate platforms.

Market Cap

$259.9M

Pitch Price

$16.10

Price Target

4.80 (-32%)

Dividend

N/A

EV/EBITDA

3.76

P/E

6.89

EV/Sales

0.48

Sector

Interactive Media and Services

Category

special_situation

Show full summary:
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)