ANGI Homeservices operates a local services marketplace and consumer review site in the United States. The company provides marketplace to research, shop for, and purchase local services for home, health, and automotive service needs. The company was founded in 1995 and is based in Indianapolis, Indiana.
ANGI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for ANGI Homeservices Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that ANGI Homeservices Inc ranked in the 77th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 405.5%. The most interesting components of our discounted cash flow analysis for ANGI Homeservices Inc ended up being:
The company's balance sheet shows it gets 96% of its capital from equity, and 4% of its capital from debt. Its equity weight surpasses that of 74.69% of free cash flow generating stocks in the Technology sector.
Its compound free cash flow growth rate, as measured over the past 2.75 years, is 0.81% -- higher than 88.42% of stocks in our DCF forecasting set.
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately merely 13.69% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of ANGI Homeservices Inc? See SGH, ACLS, LGL, ARW, and NSIT.
KeyBanc initiated coverage of 14 popular tech stocks on Tuesday and is bullish on the long-term opportunities created by the COVID-19 pandemic. Online Services: Patterson said ANGI Homeservices has been improving its execution and is benefitting from an acceleration in digital home services. “We believe the next leg of price appreciation is driven by improved supply capacity, increased customer loyalty, and margin expansion,” Justin Patterson wrote in a note. Patterson said Frontdoor is making progress with its on-demand opportunity and cost-cutting initiatives. “However, until the Company can achieve >10% y/y revenue growth, we believe it will be difficult for shares to re-rate,” he wrote. Finally, Patterson said Yelp has improved its product and its user monetization, but it also face...
ANGI Homeservices (ANGI) says in a filing that President and Chief Operating Officer Craig Smith will step down, effective Dec. 31. He'll continue to advise the company for a year to ensure a smooth transition, and will draw an advisory fee equal to his current base salary of $500,000 for...
Investment Thesis Based on analysts' consensus EPS estimates, ANGI Homeservices (ANGI) is not attractive at current share price levels. While profitable, and with a strong balance sheet, ANGI has not fulfilled the promise at the time of merger of Angies' List and IAC/InterActiveCorp's (IAC) HomeAdvisor. At that time, 2017 pro...
Robert Honeywill on Seeking Alpha | August 26, 2020