agilon health (NYSE:AGL) Stock Price Up 5.3%

agilon health, inc. (NYSE:AGL) shares were up 5.3% on Tuesday . The stock traded as high as $5.40 and last traded at $5.40. Approximately 1,197,725 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 5,629,145 shares. The stock had previously closed at $5.13.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AGL shares. Benchmark reduced their price target 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. SVB Leerink cut shares of agilon health from an “outperform” rating to a “market perform” rating in a research report on Monday, January 8th. Truist Financial reduced their price target on shares of agilon health from $10.00 to $7.50 and set a “hold” rating on the stock in a research report on Thursday, February 29th. Jefferies Financial Group reaffirmed a “hold” rating and set a $6.50 price objective (down from $25.00) on shares of agilon health in a research note on Monday, February 26th. Finally, JPMorgan Chase & Co. lowered shares of agilon health from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $17.00 to $9.00 in a research note on Friday, January 5th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.46.

agilon health Stock Up 7.2 %

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 stock’s 50 day moving average is $5.51 and its two-hundred day moving average is $9.29.

agilon health (NYSE:AGL) last issued its earnings results on Tuesday, February 27th. The company reported ($0.41) EPS 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 firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the company earned ($0.14) EPS. agilon health’s quarterly revenue was up 71.8% on a year-over-year basis. Analysts predict that agilon health, inc. will post -0.35 earnings per share for the current fiscal year.

Institutional Trading of agilon health

Several institutional investors and hedge funds have recently made changes to their positions in AGL. CWM LLC lifted its holdings in agilon health by 83.7% during the 3rd quarter. CWM LLC now owns 1,585 shares of the company’s stock worth $28,000 after buying an additional 722 shares during the last quarter. Signaturefd LLC increased its position in agilon health by 73.7% in the 3rd quarter. Signaturefd LLC now owns 1,673 shares of the company’s stock valued at $30,000 after acquiring an additional 710 shares during the period. Quest Partners LLC acquired a new position in shares of agilon health during the 4th quarter valued at $45,000. Neo Ivy Capital Management acquired a new position in shares of agilon health in the 4th quarter worth $47,000. Finally, Van ECK Associates Corp grew its holdings in shares of agilon health by 164.7% during the third quarter. Van ECK Associates Corp now owns 4,111 shares of the company’s stock valued at $73,000 after buying an additional 2,558 shares in the last quarter.

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.