agilon health, inc. (NYSE:AGL) Receives $9.73 Consensus Target Price from Analysts

Shares of agilon health, inc. (NYSE:AGL) have earned a consensus recommendation of “Hold” from the seventeen analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $9.46.

AGL has been the topic of several recent analyst reports. Evercore ISI decreased their target price on shares of agilon health from $7.00 to $6.00 and set an “in-line” rating on the stock in a report on Wednesday, February 28th. Benchmark decreased their price objective on shares of agilon health from $13.00 to $9.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. SVB Leerink cut shares of agilon health from an “outperform” rating to a “market perform” rating in a research note on Monday, January 8th. JPMorgan Chase & Co. lowered agilon health from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $17.00 to $9.00 in a research note on Friday, January 5th. Finally, Citigroup initiated coverage on agilon health in a research note on Monday. They issued a “neutral” rating and a $6.00 price target on the stock.

agilon health Stock Up 3.5 %

agilon health stock opened at $5.34 on Friday. The stock has a market cap of $2.20 billion, a P/E ratio of -8.22 and a beta of 0.49. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. agilon health has a twelve month low of $4.41 and a twelve month high of $26.75. The company’s 50-day moving average price is $5.68 and its two-hundred day moving average price is $9.66.

agilon health (NYSE:AGL) last released its quarterly 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 return on equity of 21.74% and a negative net margin of 5.76%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the business posted ($0.14) earnings per share. agilon health’s revenue was up 71.8% compared to the same quarter last year. As a group, analysts expect that agilon health will post -0.35 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. CWM LLC grew its stake in agilon health by 83.7% in the 3rd quarter. CWM LLC now owns 1,585 shares of the company’s stock worth $28,000 after buying an additional 722 shares in the last quarter. Ronald Blue Trust Inc. bought a new position in shares of agilon health in the 3rd quarter worth $38,000. AdvisorNet Financial Inc increased its holdings in shares of agilon health by 10.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 12,706 shares of the company’s stock worth $226,000 after buying an additional 1,150 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of agilon health by 98.3% in the 3rd quarter. SG Americas Securities LLC now owns 12,886 shares of the company’s stock worth $229,000 after buying an additional 6,389 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its stake in agilon health by 28.8% in the third quarter. Handelsbanken Fonder AB now owns 42,000 shares of the company’s stock valued at $746,000 after acquiring an additional 9,400 shares during 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.