Angi Inc Stock Discussion

Despite Angi's stock price surge, its P/S ratio stays modest due to underwhelming revenue outlook. Investors see no significant potential for revenue improvement to justify a higher P/S ratio.

Concerns are raised about the company's use of debt due to falling revenue and EBIT loss. The company's balance sheet is seen as risky and its future earnings will be key to maintaining health.

The low P/S ratio of Angi Inc. reflects investor sentiment anticipating the company's limited growth prospects and inferior revenue outlook compared to the industry. Thus, it seems likely that the share price may not rise significantly in the near future.

Doubts linger on Angi Inc.'s transformation, as it grapples with lack of profitability and negative market response to its annual losses. The real question is if its current financial state justifies a long-term rise in share price.

Concern surrounds the company's strained balance sheet and use of debt alongside an EBIT loss. A turn into profit for the recent 12 month loss could bolster confidence in fiscal health. The stock carries considerable risk, and there's a warning sign in Angi's investment analysis.

Due to the current investment shift favoring profits over growth, gig economy stocks have remained challenged, as evidenced by their weak Q2 performance. Provided the notable YoY revenue retardation and drop in service requests, Angi had the weakest Q2 performance.