agilon health (NYSE:AGL) Shares Gap Up - Still a Buy?

agilon health, inc. (NYSE:AGL - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $3.82, but opened at $3.99. agilon health shares last traded at $3.91, with a volume of 737,035 shares changing hands.

Wall Street Analyst Weigh In

AGL has been the topic of a number of analyst reports. Citigroup upgraded agilon health from a "neutral" rating to a "buy" rating and lifted their price target for the company from $3.25 to $5.00 in a report on Friday, April 25th. Royal Bank of Canada increased their target price on shares of agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. Robert W. Baird dropped their target price on shares of agilon health from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Needham & Company LLC reissued a "hold" rating on shares of agilon health in a research report on Friday, March 21st. Finally, Sanford C. Bernstein raised shares of agilon health from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $3.30 to $8.50 in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $4.81.

agilon health Stock Up 8.2 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market cap of $1.70 billion, a PE ratio of -4.37 and a beta of 0.38. The stock's 50 day moving average price is $4.20 and its 200-day moving average price is $3.15.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AGL. JPMorgan Chase & Co. raised its stake in shares of agilon health by 326.4% in the third quarter. JPMorgan Chase & Co. now owns 1,415,419 shares of the company's stock valued at $5,563,000 after acquiring an additional 1,083,492 shares in the last quarter. Inspire Investing LLC grew its holdings in agilon health by 106.6% during the 4th quarter. Inspire Investing LLC now owns 217,550 shares of the company's stock valued at $413,000 after buying an additional 112,241 shares during the last quarter. Cerity Partners LLC acquired a new position in agilon health in the fourth quarter valued at $34,000. Geode Capital Management LLC raised its holdings in shares of agilon health by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 6,928,724 shares of the company's stock worth $13,168,000 after purchasing an additional 35,207 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of agilon health during the fourth quarter worth $111,000.

agilon health Company Profile

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.