agilon health (NYSE:AGL) Trading Down 6.1%

agilon health, inc. (NYSE:AGL) shares were down 6.1% during trading on Monday . The stock traded as low as $4.61 and last traded at $4.65. Approximately 722,891 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 5,811,970 shares. The stock had previously closed at $4.95.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Jefferies Financial Group restated a “hold” rating and set a $6.50 price objective (down from $25.00) on shares of agilon health in a research report on Monday, February 26th. Benchmark lowered their price target on shares of agilon health from $13.00 to $9.00 and set a “buy” rating for the company in a research report on Thursday, February 29th. Royal Bank of Canada reduced their price objective on shares of agilon health from $11.00 to $8.00 and set an “outperform” rating for the company in a research note on Wednesday, February 28th. SVB Leerink lowered agilon health from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th. Finally, Truist Financial reduced their price target on shares of agilon health from $10.00 to $7.50 and set a “hold” rating for the company in a research report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $9.73.

agilon health Stock Up 0.3 %

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 company has a market cap of $1.83 billion, a PE ratio of -6.88 and a beta of 0.49. The business has a 50-day simple moving average of $5.85 and a 200-day simple moving average of $10.11.

agilon health (NYSE:AGL) last released its quarterly earnings results on Tuesday, February 27th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.13). The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. agilon health had a negative return on equity of 21.74% and a negative net margin of 5.76%. The firm’s revenue for the quarter was up 71.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.14) EPS. Equities research analysts anticipate that agilon health, inc. will post -0.35 EPS for the current year.

Institutional Investors Weigh In On agilon health

A number of large investors have recently modified their holdings of AGL. CWM LLC grew its stake in agilon health by 83.7% during the 3rd quarter. CWM LLC now owns 1,585 shares of the company’s stock valued at $28,000 after acquiring an additional 722 shares in the last quarter. Signaturefd LLC lifted its position in agilon health by 73.7% during the third quarter. Signaturefd LLC now owns 1,673 shares of the company’s stock worth $30,000 after buying an additional 710 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in agilon health by 41.2% during the first quarter. First Horizon Advisors Inc. now owns 1,553 shares of the company’s stock worth $37,000 after buying an additional 453 shares during the last quarter. Ronald Blue Trust Inc. acquired a new position in agilon health during the third quarter worth $38,000. Finally, Quest Partners LLC purchased a new stake in agilon health in the 4th quarter valued at $45,000.

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.