Agilon Health, Inc. (NYSE:AGL) Given Average Recommendation of "Hold" by Analysts

Shares of Agilon Health, Inc. (NYSE:AGL - Get Free Report) have been given a consensus recommendation of "Hold" by the eighteen research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $4.79.

A number of equities analysts have recently weighed in on AGL shares. Cowen restated a "hold" rating on shares of Agilon Health in a research note on Tuesday, April 15th. Robert W. Baird cut their target price on Agilon Health from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Citigroup upgraded Agilon Health from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $3.25 to $5.00 in a research note on Friday, April 25th. Stifel Nicolaus boosted their target price on Agilon Health from $2.00 to $3.00 and gave the stock a "hold" rating in a research note on Wednesday, February 26th. Finally, Sanford C. Bernstein upgraded Agilon Health from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $3.30 to $8.50 in a research note on Tuesday, April 8th.

Institutional Investors Weigh In On Agilon Health

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors raised its holdings in Agilon Health by 10.9% during the 4th quarter. Captrust Financial Advisors now owns 35,485 shares of the company's stock valued at $67,000 after acquiring an additional 3,494 shares during the period. Signaturefd LLC raised its holdings in Agilon Health by 28.3% during the 1st quarter. Signaturefd LLC now owns 18,461 shares of the company's stock valued at $80,000 after acquiring an additional 4,073 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Agilon Health by 2.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 206,991 shares of the company's stock valued at $393,000 after acquiring an additional 5,107 shares during the period. State of Wyoming raised its holdings in Agilon Health by 4.9% during the 1st quarter. State of Wyoming now owns 128,509 shares of the company's stock valued at $556,000 after acquiring an additional 6,005 shares during the period. Finally, MetLife Investment Management LLC raised its holdings in Agilon Health by 4.0% during the 4th quarter. MetLife Investment Management LLC now owns 174,551 shares of the company's stock valued at $332,000 after acquiring an additional 6,762 shares during the period.

Agilon Health Stock Down 3.0%

AGL stock traded down $0.07 during mid-day trading on Wednesday, reaching $2.12. 3,120,954 shares of the company traded hands, compared to its average volume of 4,982,446. The stock has a market cap of $875.50 million, a price-to-earnings ratio of -3.58 and a beta of 0.14. Agilon Health has a fifty-two week low of $1.50 and a fifty-two week high of $7.73. The firm's 50 day moving average price is $3.03 and its 200 day moving average price is $3.21.

Agilon Health (NYSE:AGL - Get Free Report) last released its quarterly 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 return on equity of 45.47% and a negative net margin of 4.04%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the business earned ($0.02) EPS. The company's quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts anticipate that Agilon Health will post -0.59 EPS for the current fiscal year.

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.