agilon health (NYSE:AGL) Hits New 1-Year Low at $4.41

agilon health, inc. (NYSE:AGL) hit a new 52-week low during trading on Wednesday . The stock 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 Analysts Forecast Growth

A number of analysts have recently issued reports on AGL shares. Evercore ISI lowered their price objective on agilon health from $7.00 to $6.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 28th. Stifel Nicolaus cut their target price on agilon health from $10.00 to $9.00 and set a “hold” rating on the stock in a research note on Thursday, February 22nd. Royal Bank of Canada lowered their price target on agilon health from $11.00 to $8.00 and set an “outperform” rating for the company in a report on Wednesday, February 28th. Leerink Partnrs downgraded agilon health from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th. Finally, Wolfe Research lowered agilon health from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, agilon health has a consensus rating of “Hold” and an average price target of $9.73.

agilon health Trading Up 11.2 %

The firm has a fifty day simple moving average of $5.85 and a two-hundred day simple moving average of $10.11. The firm has a market capitalization of $2.04 billion, a P/E ratio of -7.49 and a beta of 0.49. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.51 and a quick ratio of 1.51.

agilon health (NYSE:AGL) last posted 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). The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. agilon health had a negative return on equity of 21.74% and a negative net margin of 5.76%. agilon health’s revenue was up 71.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.14) earnings per share. On average, equities research analysts anticipate that agilon health, inc. will post -0.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. First Horizon Advisors Inc. increased its holdings in agilon health by 41.2% during the 1st quarter. First Horizon Advisors Inc. now owns 1,553 shares of the company’s stock valued at $37,000 after purchasing an additional 453 shares during the period. CWM LLC raised its holdings 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 acquiring an additional 722 shares during the last quarter. Signaturefd LLC raised its holdings in agilon health by 73.7% in the 3rd quarter. Signaturefd LLC now owns 1,673 shares of the company’s stock worth $30,000 after acquiring an additional 710 shares during the last quarter. Ronald Blue Trust Inc. purchased a new stake in agilon health during the 3rd quarter valued at $38,000. Finally, Lazard Asset Management LLC purchased a new stake in agilon health during the 1st quarter valued at $69,000.

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.