agilon health (NYSE:AGL) Shares Up 5.6% - Should You Buy?

agilon health, inc. (NYSE:AGL - Get Free Report) shot up 5.6% during trading on Monday . The stock traded as high as $4.21 and last traded at $4.23. 1,546,477 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 4,772,640 shares. The stock had previously closed at $4.00.

Wall Street Analyst Weigh In

AGL has been the topic of a number of research analyst reports. TD Cowen raised their price target on agilon health from $3.50 to $6.00 and gave the company a "hold" rating in a report on Tuesday, April 15th. Citigroup upgraded shares of agilon health from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $1.75 to $2.25 in a research report on Friday, January 10th. Stifel Nicolaus increased their price objective on shares of agilon health from $2.00 to $3.00 and gave the company a "hold" rating in a report on Wednesday, February 26th. Needham & Company LLC restated a "hold" rating on shares of agilon health in a research report on Friday, March 21st. Finally, Robert W. Baird lowered their price target on agilon health from $6.00 to $5.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, agilon health currently has a consensus rating of "Hold" and a consensus price target of $4.60.

agilon health Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of -4.18 and a beta of 0.38. The business's 50 day moving average is $4.17 and its 200 day moving average is $3.13.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Ridgecrest Wealth Partners LLC purchased a new stake in agilon health in the 1st quarter worth about $65,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of agilon health by 21.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 99,697 shares of the company's stock worth $432,000 after purchasing an additional 17,866 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of agilon health by 1,271.3% in the first quarter. SG Americas Securities LLC now owns 144,189 shares of the company's stock worth $624,000 after purchasing an additional 133,674 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in shares of agilon health during the first quarter worth approximately $186,000. Finally, Pallas Capital Advisors LLC purchased a new position in agilon health during the first quarter valued at approximately $66,000.

agilon health Company Profile

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.