agilon health, inc. (NYSE:AGL) Receives Average Rating of “Hold” from Analysts

Shares of agilon health, inc. (NYSE:AGL) have been assigned an average recommendation of “Hold” from the nineteen analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $8.57.

AGL has been the topic of a number of research analyst reports. Benchmark reiterated a “buy” rating and set a $9.00 target price on shares of agilon health in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of agilon health from $5.00 to $4.00 and set a “hold” rating on the stock in a research report on Friday, August 9th. Baird R W upgraded shares of agilon health to a “hold” rating in a report on Thursday, May 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $8.00 price target on shares of agilon health in a report on Wednesday, August 7th. Finally, Truist Financial raised their price objective on shares of agilon health from $6.40 to $6.50 and gave the stock a “hold” rating in a research note on Friday, May 24th.

Insider Activity

In related news, CEO Steven Sell bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were acquired at an average cost of $3.36 per share, with a total value of $67,200.00. Following the completion of the transaction, the chief executive officer now owns 67,590 shares of the company’s stock, valued at $227,102.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. J.Safra Asset Management Corp grew its position in agilon health by 626.1% during the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after acquiring an additional 3,625 shares during the period. Quest Partners LLC acquired a new position in shares of agilon health in the 4th quarter valued at about $45,000. Neo Ivy Capital Management purchased a new stake in shares of agilon health during the 4th quarter worth about $47,000. CWM LLC increased its position in agilon health by 406.5% during the 2nd quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after purchasing an additional 7,288 shares in the last quarter. Finally, Nisa Investment Advisors LLC acquired a new stake in agilon health during the 2nd quarter worth approximately $60,000.

agilon health Stock Down 9.0 %

AGL stock opened at $3.52 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.04. The company’s 50-day moving average price is $5.22 and its 200 day moving average price is $5.54. agilon health has a 52 week low of $3.07 and a 52 week high of $20.37. The company has a market cap of $1.45 billion, a P/E ratio of -5.03 and a beta of 0.54.

agilon health (NYSE:AGL) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.56 billion. agilon health had a negative return on equity of 29.91% and a negative net margin of 5.57%. The company’s quarterly revenue was up 38.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.04) EPS. On average, research analysts expect that agilon health will post -0.32 earnings per share for the current fiscal year.

About agilon health

agilon health, inc. provides healthcare services for seniors through primary care physicians in the communities of the United States. It offers a platform that manages the total healthcare needs of the patients by subscription-like per-member per-month. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.