agilon health (NYSE:AGL) Trading Down 3.4%

agilon health, inc. (NYSE:AGL) traded down 3.4% during trading on Thursday . The company traded as low as $3.07 and last traded at $3.10. 501,458 shares were traded during trading, a decline of 90% from the average session volume of 4,958,825 shares. The stock had previously closed at $3.21.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a report on Friday, August 9th. Truist Financial lifted their target price on agilon health from $6.40 to $6.50 and gave the stock a “hold” rating in a research report on Friday, May 24th. Robert W. Baird started coverage on agilon health in a report on Thursday, May 30th. They issued a “neutral” rating and a $6.00 price target for the company. Royal Bank of Canada restated an “outperform” rating and set a $8.00 price objective on shares of agilon health in a research note on Wednesday, August 7th. Finally, Benchmark reaffirmed a “buy” rating and issued a $9.00 target price on shares of agilon health in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $8.57.

agilon health Trading Up 6.5 %

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $5.39 and its two-hundred day moving average is $5.61. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of -5.04 and a beta of 0.54.

agilon health (NYSE:AGL) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.56 billion. agilon health had a negative return on equity of 29.91% and a negative net margin of 5.57%. The business’s quarterly revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. Equities analysts anticipate that agilon health, inc. will post -0.32 EPS for the current year.

Hedge Funds Weigh In On agilon health

Institutional investors have recently modified their holdings of the company. Quest Partners LLC bought a new position in agilon health in the 4th quarter worth approximately $45,000. Neo Ivy Capital Management bought a new position in shares of agilon health in the fourth quarter worth $47,000. J.Safra Asset Management Corp increased its holdings in shares of agilon health by 626.1% during the second quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after purchasing an additional 3,625 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in shares of agilon health by 31.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 8,969 shares of the company’s stock valued at $113,000 after purchasing an additional 2,149 shares in the last quarter. Finally, CWM LLC lifted its holdings in agilon health by 406.5% in the second quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after purchasing an additional 7,288 shares during the period.

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.