Agilon Health, Inc. (NYSE:AGL) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Analysts collectively rate Agilon Health “Hold”: Of 15 analysts, eight recommend holding the stock, while five rate it a buy and two a sell. The average 12-month price target is $86.18.
• Recent analyst actions were mixed but included upgrades from Deutsche Bank and Jefferies to “buy,” while Wells Fargo maintained an “overweight” rating with a $146 price target.
• Agilon Health exceeded quarterly expectations, reporting $1.04 in EPS versus a $0.14 consensus estimate and revenue of $1.49 billion versus $1.45 billion expected, though the company remains unprofitable on a net-margin basis.

Agilon Health, Inc. (NYSE:AGL - Get Free Report) has received an average recommendation of "Hold" from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $86.1818.

Several research firms have recently commented on AGL. Deutsche Bank Aktiengesellschaft upgraded Agilon Health from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $33.00 to $49.00 in a report on Thursday, May 7th. Citigroup upgraded Agilon Health from a "sell" rating to a "neutral" rating and raised their price target for the stock from $105.00 to $115.00 in a research report on Monday, August 10th. Truist Financial set a $112.00 price target on Agilon Health and gave the stock a "hold" rating in a research note on Thursday, August 6th. Jefferies Financial Group upgraded Agilon Health from a "hold" rating to a "buy" rating and boosted their price objective for the company from $27.50 to $48.00 in a research report on Thursday, May 7th. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $146.00 price objective (up from $141.00) on shares of Agilon Health in a research note on Tuesday, August 11th.

Institutional Trading of Agilon Health

A number of institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in Agilon Health by 196.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 20,055,214 shares of the company's stock worth $13,812,000 after acquiring an additional 13,283,930 shares during the period. AQR Capital Management LLC raised its holdings in Agilon Health by 1,346.6% in the 4th quarter. AQR Capital Management LLC now owns 10,211,767 shares of the company's stock worth $7,033,000 after purchasing an additional 9,505,837 shares in the last quarter. North Peak Capital Management LLC raised its holdings in Agilon Health by 10.8% in the 4th quarter. North Peak Capital Management LLC now owns 38,139,937 shares of the company's stock worth $26,267,000 after purchasing an additional 3,715,460 shares in the last quarter. Voleon Capital Management LP lifted its position in shares of Agilon Health by 5,519.2% in the 3rd quarter. Voleon Capital Management LP now owns 2,741,039 shares of the company's stock worth $2,823,000 after purchasing an additional 2,692,259 shares during the period. Finally, UBS Group AG boosted its stake in shares of Agilon Health by 250.7% during the 4th quarter. UBS Group AG now owns 3,395,366 shares of the company's stock valued at $2,339,000 after purchasing an additional 2,427,136 shares in the last quarter.

Agilon Health Price Performance

Shares of Agilon Health stock opened at $96.62 on Monday. Agilon Health has a 52-week low of $7.48 and a 52-week high of $133.04. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of -6.77 and a beta of 3.01. The company has a fifty day moving average of $106.88 and a 200-day moving average of $58.56. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.08.

Agilon Health (NYSE:AGL - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.90. The company had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.45 billion. Agilon Health had a negative net margin of 3.92% and a negative return on equity of 119.38%. Equities research analysts expect that Agilon Health will post -2.95 EPS for the current year.

Agilon Health Company Profile

Agilon Health NYSE: AGL is a healthcare company that partners with independent primary care physicians to deliver value-based care for Medicare beneficiaries. Through risk-sharing arrangements, Agilon assumes financial responsibility for patient populations, enabling physicians to focus on preventive and proactive health management. The company provides the administrative, clinical and operational infrastructure needed to support comprehensive care delivery.

Agilon’s platform encompasses data analytics, care management, patient engagement tools and population health programs.

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