agilon health Target of Unusually High Options Trading (NYSE:AGL)

agilon health, inc. (NYSE:AGL - Get Free Report) was the target of unusually large options trading on Tuesday. Investors bought 3,810 call options on the stock. This is an increase of approximately 187% compared to the typical daily volume of 1,328 call options.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Cowen reissued a "hold" rating on shares of agilon health in a research note on Tuesday, April 15th. Royal Bank of Canada increased their price objective on agilon health from $3.00 to $3.50 and gave the company an "outperform" rating in a research note on Wednesday, February 26th. Needham & Company LLC reiterated a "hold" rating on shares of agilon health in a report on Friday, March 21st. TD Cowen boosted their price target on agilon health from $3.50 to $6.00 and gave the company a "hold" rating in a report on Tuesday, April 15th. Finally, Sanford C. Bernstein upgraded agilon health from a "market perform" rating to an "outperform" rating and boosted their price target for the company from $3.30 to $8.50 in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, agilon health has a consensus rating of "Hold" and a consensus price target of $4.79.

Institutional Trading of agilon health

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in agilon health by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 31,112,407 shares of the company's stock valued at $59,114,000 after purchasing an additional 272,787 shares in the last quarter. Capital International Investors increased its holdings in agilon health by 72.0% in the 4th quarter. Capital International Investors now owns 22,331,873 shares of the company's stock valued at $42,431,000 after purchasing an additional 9,346,295 shares in the last quarter. Millennium Management LLC increased its holdings in agilon health by 187.8% in the 4th quarter. Millennium Management LLC now owns 7,212,525 shares of the company's stock valued at $13,704,000 after purchasing an additional 4,706,357 shares in the last quarter. Geode Capital Management LLC increased its holdings in agilon health by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 6,928,724 shares of the company's stock valued at $13,168,000 after purchasing an additional 35,207 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in agilon health by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,060,333 shares of the company's stock valued at $21,911,000 after purchasing an additional 311,158 shares in the last quarter.

agilon health Trading Down 0.7%

Shares of agilon health stock traded down $0.02 during trading hours on Tuesday, reaching $2.17. The stock had a trading volume of 6,102,364 shares, compared to its average volume of 4,963,991. The firm has a 50 day simple moving average of $3.29 and a two-hundred day simple moving average of $3.22. The firm has a market capitalization of $896.21 million, a price-to-earnings ratio of -2.30 and a beta of 0.14. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health has a 1 year low of $1.50 and a 1 year high of $7.73.

agilon health (NYSE:AGL - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. agilon health had a negative return on equity of 47.84% and a negative net margin of 6.88%. The company's quarterly revenue was down 4.5% compared to the same quarter last year. During the same period last year, the business posted ($0.02) EPS. As a group, equities research analysts anticipate that agilon health will post -0.59 earnings per share for the current year.

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.

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