Agiliti, Inc. (NYSE:AGTI) Receives Consensus Rating of “Reduce” from Analysts

Agiliti, Inc. (NYSE:AGTIGet Free Report) has been given an average recommendation of “Reduce” by the seven ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $14.17.

Several equities analysts recently commented on the company. Craig Hallum assumed coverage on Agiliti in a research note on Thursday, January 4th. They issued a “buy” rating and a $23.00 price objective on the stock. UBS Group restated a “neutral” rating and set a $10.00 target price on shares of Agiliti in a research report on Thursday, March 7th. KeyCorp initiated coverage on Agiliti in a research report on Tuesday, February 6th. They set a “sector weight” rating on the stock. TheStreet upgraded Agiliti from a “d” rating to a “c-” rating in a research report on Tuesday, March 5th. Finally, Raymond James restated a “market perform” rating on shares of Agiliti in a research report on Tuesday, March 26th.

Get Our Latest Stock Report on AGTI

Insider Transactions at Agiliti

In other news, EVP Lee M. Neumann sold 4,685 shares of the company’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $10.04, for a total value of $47,037.40. Following the transaction, the executive vice president now owns 29,929 shares of the company’s stock, valued at $300,487.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, EVP Lee M. Neumann sold 4,685 shares of the company’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $10.04, for a total value of $47,037.40. Following the transaction, the executive vice president now owns 29,929 shares of the company’s stock, valued at $300,487.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Thomas J. Leonard sold 27,558 shares of the company’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $7.23, for a total transaction of $199,244.34. Following the completion of the transaction, the chief executive officer now directly owns 1,966,374 shares in the company, valued at approximately $14,216,884.02. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,928 shares of company stock valued at $293,460. 4.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AGTI. Bank of New York Mellon Corp increased its stake in Agiliti by 2.8% in the first quarter. Bank of New York Mellon Corp now owns 152,854 shares of the company’s stock valued at $3,225,000 after acquiring an additional 4,181 shares during the last quarter. MetLife Investment Management LLC increased its stake in Agiliti by 58.5% in the first quarter. MetLife Investment Management LLC now owns 15,588 shares of the company’s stock valued at $329,000 after acquiring an additional 5,753 shares during the last quarter. Rhumbline Advisers increased its stake in Agiliti by 27.9% in the first quarter. Rhumbline Advisers now owns 22,610 shares of the company’s stock valued at $477,000 after acquiring an additional 4,932 shares during the last quarter. BlackRock Inc. increased its stake in Agiliti by 1.3% in the first quarter. BlackRock Inc. now owns 3,238,565 shares of the company’s stock valued at $68,334,000 after acquiring an additional 42,636 shares during the last quarter. Finally, Westwood Holdings Group Inc. bought a new position in Agiliti in the first quarter valued at $269,000. Institutional investors own 99.12% of the company’s stock.

Agiliti Price Performance

Shares of NYSE AGTI opened at $10.04 on Monday. Agiliti has a twelve month low of $5.07 and a twelve month high of $18.61. The company has a quick ratio of 1.34, a current ratio of 1.72 and a debt-to-equity ratio of 1.13. The stock’s 50 day moving average price is $9.52 and its 200-day moving average price is $7.89. The company has a market capitalization of $1.37 billion, a PE ratio of -71.71 and a beta of 1.95.

Agiliti (NYSE:AGTIGet Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Agiliti had a positive return on equity of 6.47% and a negative net margin of 1.65%. The business had revenue of $291.99 million for the quarter, compared to the consensus estimate of $291.99 million. On average, equities analysts anticipate that Agiliti will post 0.49 EPS for the current year.

Agiliti Company Profile

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Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. The company offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity.

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Analyst Recommendations for Agiliti (NYSE:AGTI)

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