Agiliti, Inc. (NYSE:AGTI) Receives $14.17 Consensus PT from Analysts

Agiliti, Inc. (NYSE:AGTIGet Free Report) has been assigned a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $14.17.

AGTI has been the subject of a number of recent analyst reports. Raymond James reaffirmed a “market perform” rating on shares of Agiliti in a report on Tuesday, March 26th. TheStreet raised shares of Agiliti from a “d” rating to a “c-” rating in a report on Tuesday, March 5th. KeyCorp assumed coverage on shares of Agiliti in a research report on Tuesday, February 6th. They issued a “sector weight” rating on the stock. Craig Hallum assumed coverage on shares of Agiliti in a research report on Thursday, January 4th. They issued a “buy” rating and a $23.00 target price on the stock. Finally, UBS Group reiterated a “neutral” rating and issued a $10.00 target price on shares of Agiliti in a research report on Thursday, March 7th.

Check Out Our Latest Report on Agiliti

Insider Buying and Selling at Agiliti

In other Agiliti news, EVP Lee M. Neumann sold 4,685 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $10.07, for a total value of $47,177.95. Following the transaction, the executive vice president now directly owns 34,614 shares in the company, valued at approximately $348,562.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Thomas J. Leonard sold 27,558 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $7.23, for a total value of $199,244.34. Following the sale, the chief executive officer now directly owns 1,966,374 shares of the company’s stock, valued at approximately $14,216,884.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee M. Neumann sold 4,685 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $10.07, for a total transaction of $47,177.95. Following the completion of the sale, the executive vice president now directly owns 34,614 shares in the company, valued at $348,562.98. The disclosure for this sale can be found here. Insiders have sold 36,928 shares of company stock worth $293,460 in the last ninety days. 4.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Agiliti

A number of institutional investors and hedge funds have recently made changes to their positions in AGTI. Bank of New York Mellon Corp raised its stake in shares of Agiliti by 2.8% in the 1st quarter. Bank of New York Mellon Corp now owns 152,854 shares of the company’s stock valued at $3,225,000 after acquiring an additional 4,181 shares during the period. MetLife Investment Management LLC raised its stake in shares of Agiliti by 58.5% in the 1st quarter. MetLife Investment Management LLC now owns 15,588 shares of the company’s stock valued at $329,000 after acquiring an additional 5,753 shares during the period. Rhumbline Advisers raised its stake in shares of Agiliti by 27.9% in the 1st quarter. Rhumbline Advisers now owns 22,610 shares of the company’s stock valued at $477,000 after acquiring an additional 4,932 shares during the period. BlackRock Inc. raised its stake in shares of Agiliti by 1.3% in the 1st quarter. BlackRock Inc. now owns 3,238,565 shares of the company’s stock valued at $68,334,000 after acquiring an additional 42,636 shares during the period. Finally, Westwood Holdings Group Inc. purchased a new stake in shares of Agiliti in the 1st quarter valued at approximately $269,000. 99.12% of the stock is owned by hedge funds and other institutional investors.

Agiliti Stock Performance

NYSE AGTI opened at $10.04 on Monday. The company has a fifty day simple moving average of $9.52 and a two-hundred day simple moving average of $7.89. The stock has a market cap of $1.37 billion, a P/E ratio of -71.71 and a beta of 1.95. Agiliti has a 12-month low of $5.07 and a 12-month high of $18.61. The company has a current ratio of 1.72, a quick ratio of 1.34 and a debt-to-equity ratio of 1.13.

Agiliti (NYSE:AGTIGet Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Agiliti had a negative net margin of 1.65% and a positive return on equity of 6.47%. The business had revenue of $291.99 million during the quarter, compared to analysts’ expectations of $291.99 million. On average, analysts forecast that Agiliti will post 0.49 earnings per share for the current year.

Agiliti Company Profile

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Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. The company offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity.

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Analyst Recommendations for Agiliti (NYSE:AGTI)

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