agilon health (NYSE:AGL – Get Free Report) had its target price dropped by equities research analysts at Truist Financial from $10.00 to $7.50 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s price target would suggest a potential upside of 23.97% from the company’s current price.
A number of other analysts have also commented on the company. The Goldman Sachs Group lowered agilon health from a “buy” rating to a “neutral” rating and set a $14.00 price objective for the company. in a research report on Monday, December 11th. SVB Leerink lowered agilon health from an “outperform” rating to a “market perform” rating in a research report on Monday, January 8th. Royal Bank of Canada reduced their price objective on shares of agilon health from $11.00 to $8.00 and set an “outperform” rating on the stock in a research note on Wednesday. Evercore ISI reduced their price objective on shares of agilon health from $7.00 to $6.00 and set an “in-line” rating on the stock in a research note on Wednesday. Finally, Benchmark reduced their price objective on shares of agilon health from $28.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.65.
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agilon health Stock Down 1.3 %
Shares of NYSE AGL opened at $6.05 on Thursday. The firm’s 50-day simple moving average is $7.80 and its 200 day simple moving average is $13.01. The company has a market cap of $2.48 billion, a price-to-earnings ratio of -9.31 and a beta of 0.47. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. agilon health has a 12-month low of $5.63 and a 12-month high of $29.44.
agilon health (NYSE:AGL – Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.13). agilon health had a negative return on equity of 21.74% and a negative net margin of 5.76%. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm earned ($0.14) EPS. The business’s revenue for the quarter was up 71.8% on a year-over-year basis. On average, research analysts expect that agilon health will post -0.1 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Huntington National Bank lifted its stake in agilon health by 241.3% in the second quarter. Huntington National Bank now owns 1,512 shares of the company’s stock valued at $26,000 after buying an additional 1,069 shares in the last quarter. CWM LLC raised its stake in shares of agilon health by 83.7% in the 3rd quarter. CWM LLC now owns 1,585 shares of the company’s stock valued at $28,000 after purchasing an additional 722 shares during the period. Signaturefd LLC raised its stake in shares of agilon health by 73.7% in the 3rd quarter. Signaturefd LLC now owns 1,673 shares of the company’s stock valued at $30,000 after purchasing an additional 710 shares during the period. First Horizon Advisors Inc. raised its stake in shares of agilon health by 41.2% in the 1st quarter. First Horizon Advisors Inc. now owns 1,553 shares of the company’s stock valued at $37,000 after purchasing an additional 453 shares during the period. Finally, Ronald Blue Trust Inc. acquired a new stake in shares of agilon health in the 3rd quarter valued at about $38,000.
agilon health Company Profile
agilon health, inc. offers healthcare services for seniors through primary care physicians in the communities of the United States. As of December 31, 2022, it served approximately 269,500 medicare advantage members and 89,000 Medicare fee-for-service beneficiaries. The company was formerly known as Agilon Health Topco, Inc and changed its name to agilon health, inc.
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Source: defenseworld.net
