agilon health, inc. (NYSE:AGL - Get Free Report)'s stock price traded down 7.9% during mid-day trading on Tuesday after Stifel Nicolaus lowered their price target on the stock from $7.00 to $2.00. Stifel Nicolaus currently has a hold rating on the stock. agilon health traded as low as $1.99 and last traded at $1.99. 1,089,524 shares changed hands during trading, a decline of 78% from the average session volume of 4,947,120 shares. The stock had previously closed at $2.16.
A number of other equities research analysts have also recently commented on the company. JMP Securities cut agilon health from an "outperform" rating to a "market perform" rating in a report on Monday. Deutsche Bank Aktiengesellschaft lowered their price target on agilon health from $5.00 to $4.00 and set a "hold" rating on the stock in a report on Friday, August 9th. Barclays cut their price objective on shares of agilon health from $5.00 to $2.00 and set an "underweight" rating for the company in a report on Monday. Benchmark reissued a "buy" rating and issued a $9.00 target price on shares of agilon health in a report on Thursday, August 8th. Finally, Bank of America lowered shares of agilon health from a "buy" rating to an "underperform" rating and set a $3.00 target price for the company. in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, agilon health presently has a consensus rating of "Hold" and a consensus target price of $7.03.
Check Out Our Latest Stock Analysis on agilon health
Insider Activity at agilon health
In related news, CEO Steven Sell purchased 20,000 shares of the business's stock in a transaction dated Thursday, September 12th. The shares were purchased at an average cost of $3.36 per share, for a total transaction of $67,200.00. Following the completion of the acquisition, the chief executive officer now owns 67,590 shares in the company, valued at approximately $227,102.40. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 3.20% of the stock is currently owned by insiders.
Institutional Trading of agilon health
A number of large investors have recently modified their holdings of AGL. Quantbot Technologies LP bought a new stake in shares of agilon health in the first quarter valued at about $862,000. Swiss National Bank lifted its position in shares of agilon health by 0.6% in the 1st quarter. Swiss National Bank now owns 602,800 shares of the company's stock worth $3,677,000 after purchasing an additional 3,400 shares during the period. Bleakley Financial Group LLC bought a new position in shares of agilon health during the first quarter valued at approximately $65,000. Blair William & Co. IL increased its holdings in agilon health by 8.3% during the first quarter. Blair William & Co. IL now owns 242,076 shares of the company's stock valued at $1,477,000 after buying an additional 18,599 shares during the period. Finally, Vanguard Group Inc. raised its stake in agilon health by 1.3% in the first quarter. Vanguard Group Inc. now owns 28,947,798 shares of the company's stock worth $176,582,000 after buying an additional 371,537 shares in the last quarter.
agilon health Stock Performance
The company has a debt-to-equity ratio of 0.04, a current ratio of 1.36 and a quick ratio of 1.36. The company has a market cap of $767.41 million, a PE ratio of -1.99 and a beta of 0.60. The business has a fifty day simple moving average of $3.22 and a two-hundred day simple moving average of $4.95.
agilon health (NYSE:AGL - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.19). agilon health had a negative return on equity of 46.06% and a negative net margin of 6.88%. The company had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.47 billion. During the same quarter last year, the company earned ($0.06) earnings per share. Research analysts anticipate that agilon health, inc. will post -0.32 earnings per share for the current year.
agilon health Company Profile
(
Get Free Report)
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.
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