agilon health, inc. (NYSE:AGL) Given Average Recommendation of “Hold” by Brokerages

Shares of agilon health, inc. (NYSE:AGL) have been given a consensus recommendation of “Hold” by the nineteen research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $9.03.

A number of equities analysts have recently issued reports on the stock. Benchmark reduced their target price on shares of agilon health from $13.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, February 29th. Evercore ISI reduced their price objective on agilon health from $7.00 to $6.00 and set an “in-line” rating on the stock in a report on Wednesday, February 28th. Truist Financial lifted their target price on agilon health from $6.40 to $6.50 and gave the company a “hold” rating in a research note on Friday, May 24th. Baird R W raised agilon health to a “hold” rating in a research note on Thursday, May 30th. Finally, Citigroup initiated coverage on agilon health in a report on Monday, April 22nd. They issued a “neutral” rating and a $6.00 price target on the stock.

Institutional Investors Weigh In On agilon health

Several large investors have recently bought and sold shares of the company. Quest Partners LLC bought a new stake in shares of agilon health in the 4th quarter valued at $45,000. Neo Ivy Capital Management bought a new stake in shares of agilon health in the fourth quarter worth about $47,000. Simplicity Wealth LLC acquired a new stake in shares of agilon health during the first quarter worth about $65,000. Bleakley Financial Group LLC bought a new position in shares of agilon health during the 1st quarter valued at about $65,000. Finally, Van ECK Associates Corp grew its position in shares of agilon health by 164.7% in the 3rd quarter. Van ECK Associates Corp now owns 4,111 shares of the company’s stock valued at $73,000 after purchasing an additional 2,558 shares during the period.

agilon health Stock Performance

Shares of AGL opened at $6.91 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market cap of $2.84 billion, a price-to-earnings ratio of -9.86 and a beta of 0.59. The stock has a fifty day moving average price of $5.62 and a two-hundred day moving average price of $7.18. agilon health has a 52-week low of $4.41 and a 52-week high of $21.52.

agilon health (NYSE:AGL) last announced its earnings results on Tuesday, May 7th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.03. agilon health had a negative return on equity of 26.15% and a negative net margin of 5.67%. Analysts predict that agilon health will post -0.34 EPS 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.