Agilon Health, Inc. (NYSE:AGL) Receives Average Recommendation of “Hold” from Analysts

Shares of Agilon Health, Inc. (NYSE:AGLGet Free Report) have earned an average rating of “Hold” from the eighteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $4.79.

A number of research firms recently issued reports on AGL. The Goldman Sachs Group lifted their price objective on Agilon Health from $2.50 to $5.00 and gave the company a “neutral” rating in a research report on Thursday, May 8th. Royal Bank Of Canada lifted their price target on Agilon Health from $3.00 to $3.50 and gave the company an “outperform” rating in a report on Wednesday, February 26th. TD Cowen boosted their price target on Agilon Health from $3.50 to $6.00 and gave the company a “hold” rating in a research note on Tuesday, April 15th. Sanford C. Bernstein upgraded Agilon Health from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $3.30 to $8.50 in a report on Tuesday, April 8th. Finally, Citigroup upgraded shares of Agilon Health from a “neutral” rating to a “buy” rating and lifted their target price for the company from $3.25 to $5.00 in a research note on Friday, April 25th.

Check Out Our Latest Research Report on Agilon Health

Institutional Trading of Agilon Health

Institutional investors and hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in Agilon Health by 41.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 338,529 shares of the company’s stock worth $644,000 after acquiring an additional 98,377 shares during the period. Cerity Partners LLC bought a new stake in Agilon Health during the fourth quarter valued at about $34,000. MetLife Investment Management LLC grew its position in shares of Agilon Health by 4.0% in the fourth quarter. MetLife Investment Management LLC now owns 174,551 shares of the company’s stock valued at $332,000 after purchasing an additional 6,762 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Agilon Health by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 6,928,724 shares of the company’s stock worth $13,168,000 after purchasing an additional 35,207 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Agilon Health in the fourth quarter worth about $111,000.

Agilon Health Stock Performance

Agilon Health stock opened at $2.12 on Wednesday. The firm has a market cap of $875.50 million, a PE ratio of -3.58 and a beta of 0.14. The firm’s 50 day moving average price is $3.23 and its two-hundred day moving average price is $3.21. Agilon Health has a twelve month low of $1.50 and a twelve month high of $7.73.

Agilon Health (NYSE:AGLGet Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. Agilon Health had a negative net margin of 4.04% and a negative return on equity of 45.47%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the business posted ($0.02) EPS. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Equities analysts anticipate that Agilon Health will post -0.59 EPS for the current fiscal year.

Agilon Health Company Profile

(Get Free Report

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.

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Analyst Recommendations for Agilon Health (NYSE:AGL)

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