agilon health (NYSE:AGL) Reaches New 52-Week Low at $4.41

agilon health, inc. (NYSE:AGL)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $4.41 and last traded at $4.96, with a volume of 3662386 shares traded. The stock had previously closed at $4.48.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AGL shares. Royal Bank of Canada decreased their price objective on shares of agilon health from $11.00 to $8.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Evercore ISI decreased their price objective on shares of agilon health from $7.00 to $6.00 and set an “in-line” rating for the company in a report on Wednesday, February 28th. SVB Leerink downgraded shares of agilon health from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th. Truist Financial decreased their price objective on shares of agilon health from $10.00 to $7.50 and set a “hold” rating for the company in a report on Thursday, February 29th. Finally, Barclays initiated coverage on shares of agilon health in a report on Wednesday, March 6th. They set an “underweight” rating and a $5.00 price target for the company. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $9.73.

agilon health Trading Up 1.5 %

The business’s 50 day moving average is $5.78 and its two-hundred day moving average is $10.04. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $2.24 billion, a P/E ratio of -8.86 and a beta of 0.49.

agilon health (NYSE:AGL) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.13). agilon health had a negative net margin of 5.76% and a negative return on equity of 21.74%. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm earned ($0.14) earnings per share. agilon health’s revenue for the quarter was up 71.8% compared to the same quarter last year. Analysts expect that agilon health, inc. will post -0.35 EPS for the current year.

Institutional Trading of agilon health

Several institutional investors and hedge funds have recently bought and sold shares of AGL. Wellington Management Group LLP grew its stake in shares of agilon health by 8.3% in 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. California Public Employees Retirement System grew its stake in shares of agilon health by 27.7% in the 3rd quarter. California Public Employees Retirement System now owns 413,987 shares of the company’s stock valued at $7,352,000 after buying an additional 89,728 shares in the last quarter. Morgan Stanley grew its stake in shares of agilon health by 8.9% in 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. Charles Schwab Investment Management Inc. grew its stake in shares of agilon health by 4.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,796,884 shares of the company’s stock valued at $31,913,000 after buying an additional 70,443 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in agilon health by 222.5% during the third quarter. Tower Research Capital LLC TRC now owns 23,660 shares of the company’s stock worth $420,000 after purchasing an additional 16,324 shares during the period.

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.