AGI (NYSE:AGBK) Hits New 1-Year Low - Time to Sell?

Key Points

• AGI hit a new 52-week low — shares traded as low as $6.77 and last at $6.9310, down about 2.6% on the session with roughly 28,263 shares traded.
• Quarterly results missed EPS expectations — AGI reported $0.05 EPS versus $0.27 expected, while revenue was slightly ahead at $547.8M versus $541.66M estimates.
• Analysts remain broadly positive — seven Buy and one Hold produce a consensus "Moderate Buy" with an average price target of $17.14 (recent targets range $15–$19).

Shares of AGI Inc (NYSE:AGBK - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $6.77 and last traded at $6.9310, with a volume of 28263 shares traded. The stock had previously closed at $7.17.

Analyst Ratings Changes

AGBK has been the topic of several research analyst reports. Susquehanna started coverage on AGI in a research report on Monday, March 9th. They set a "positive" rating and a $17.00 target price on the stock. Wall Street Zen raised AGI to a "hold" rating in a research note on Saturday, February 21st. Oppenheimer assumed coverage on shares of AGI in a research report on Monday, March 9th. They set an "outperform" rating and a $15.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of AGI in a research report on Monday, March 9th. They set a "buy" rating and a $19.00 target price on the stock. Finally, HSBC started coverage on shares of AGI in a report on Thursday, March 5th. They issued a "buy" rating and a $15.00 price target for the company. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, AGI currently has an average rating of "Moderate Buy" and an average price target of $17.14.

AGI Stock Down 2.6%

AGI (NYSE:AGBK - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.22). The business had revenue of $547.80 million during the quarter, compared to analysts' expectations of $541.66 million.

AGI Company Profile

Our mission is to revolutionize financial services for the largest and fastest growing segment of Brazil's population: individuals who have been underserved by incumbent banks and have not been effectively reached by digital-only banks. We seek to make credit and banking solutions more accessible and affordable for the Brazilian consumers who we believe need it the most, including social security beneficiaries and private and public sector workers. We have designed a unique value proposition for this population, who may be older, have a lower income, be less tech-savvy or have less access to education.

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