agilon health, inc. (NYSE:AGL) Receives $9.03 Consensus Price Target from Analysts

Shares of agilon health, inc. (NYSE:AGL) have received an average rating of “Hold” from the nineteen brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $9.10.

A number of brokerages recently issued reports on AGL. Robert W. Baird began coverage on shares of agilon health in a research note on Thursday, May 30th. They issued a “neutral” rating and a $6.00 price target on the stock. Baird R W upgraded shares of agilon health to a “hold” rating in a research note on Thursday, May 30th. Citigroup started coverage on shares of agilon health in a research note on Monday, April 22nd. They set a “neutral” rating and a $6.00 target price on the stock. Stifel Nicolaus lowered their target price on shares of agilon health from $8.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, May 1st. Finally, Truist Financial upped their target price on shares of agilon health from $6.40 to $6.50 and gave the company a “hold” rating in a research note on Friday, May 24th.

Institutional Investors Weigh In On agilon health

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its holdings in agilon health by 8.3% during the 3rd quarter. Wellington Management Group LLP now owns 41,318,777 shares of the company’s stock valued at $733,821,000 after buying an additional 3,162,094 shares in the last quarter. Morgan Stanley grew its holdings in agilon health by 8.9% during the 3rd quarter. Morgan Stanley now owns 44,819,378 shares of the company’s stock valued at $795,992,000 after buying an additional 3,674,311 shares in the last quarter. Capital International Investors grew its holdings in agilon health by 16.2% during the 4th quarter. Capital International Investors now owns 10,934,636 shares of the company’s stock valued at $137,230,000 after buying an additional 1,521,995 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in agilon health by 46.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,139,886 shares of the company’s stock valued at $127,256,000 after buying an additional 3,195,087 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in agilon health by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 28,576,261 shares of the company’s stock valued at $358,632,000 after buying an additional 220,986 shares in the last quarter.

agilon health Stock Performance

Shares of agilon health stock opened at $5.75 on Wednesday. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of -8.21 and a beta of 0.60. The firm’s 50-day moving average is $6.01 and its 200 day moving average is $6.44. agilon health has a 1 year low of $4.41 and a 1 year high of $21.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.33.

agilon health (NYSE:AGL) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.03. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.62 billion. agilon health had a negative net margin of 5.67% and a negative return on equity of 26.15%. Sell-side analysts anticipate that agilon health will post -0.34 EPS for the current fiscal year.

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.