agilon health (NYSE:AGL) Reaches New 1-Year Low at $4.41

agilon health, inc. (NYSE:AGL - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $4.41 and last traded at $4.96, with a volume of 3662386 shares changing hands. The stock had previously closed at $4.48.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus lowered their price target on agilon health from $10.00 to $9.00 and set a "hold" rating for the company in a report on Thursday, February 22nd. Leerink Partnrs downgraded agilon health from an "outperform" rating to a "market perform" rating in a report on Monday, January 8th. SVB Leerink downgraded agilon health from an "outperform" rating to a "market perform" rating in a report on Monday, January 8th. Barclays assumed coverage on agilon health in a report on Wednesday, March 6th. They issued an "underweight" rating and a $5.00 price target for the company. Finally, JPMorgan Chase & Co. downgraded agilon health from an "overweight" rating to a "neutral" rating and lowered their price target for the company from $17.00 to $9.00 in a report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $9.73.

agilon health Stock Up 11.8 %

The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.05. The stock has a 50-day simple moving average of $5.85 and a 200-day simple moving average of $10.11. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -7.71 and a beta of 0.49.

agilon health (NYSE:AGL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.28) by ($0.13). agilon health had a negative return on equity of 21.74% and a negative net margin of 5.76%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm posted ($0.14) EPS. The company's revenue was up 71.8% compared to the same quarter last year. As a group, analysts predict that agilon health, inc. will post -0.35 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AGL. First Horizon Advisors Inc. lifted its holdings in shares of agilon health by 41.2% in the first quarter. First Horizon Advisors Inc. now owns 1,553 shares of the company's stock valued at $37,000 after buying an additional 453 shares during the period. CWM LLC lifted its holdings in shares of agilon health by 83.7% in the third quarter. CWM LLC now owns 1,585 shares of the company's stock valued at $28,000 after buying an additional 722 shares during the period. Signaturefd LLC lifted its holdings in shares of agilon health by 73.7% in the third quarter. Signaturefd LLC now owns 1,673 shares of the company's stock valued at $30,000 after buying an additional 710 shares during the period. Ronald Blue Trust Inc. acquired a new stake in shares of agilon health in the third quarter valued at $38,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of agilon health in the first quarter valued at $69,000.

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.