agilon health, inc. (NYSE:AGL) to Post Q2 2024 Earnings of ($0.08) Per Share, Leerink Partnrs Forecasts

agilon health, inc. (NYSE:AGL - Free Report) - Research analysts at Leerink Partnrs dropped their Q2 2024 EPS estimates for shares of agilon health in a research report issued on Wednesday, May 8th. Leerink Partnrs analyst W. Mayo now expects that the company will earn ($0.08) per share for the quarter, down from their previous forecast of ($0.02). The consensus estimate for agilon health's current full-year earnings is ($0.34) per share. Leerink Partnrs also issued estimates for agilon health's Q3 2024 earnings at ($0.10) EPS, FY2024 earnings at ($0.34) EPS, Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.19) EPS, FY2025 earnings at ($0.23) EPS, FY2026 earnings at $0.00 EPS, FY2027 earnings at $0.22 EPS and FY2028 earnings at $0.42 EPS.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus cut their price target on shares of agilon health from $8.00 to $7.00 and set a "hold" rating on the stock in a report on Wednesday, May 1st. Truist Financial lowered their target price on shares of agilon health from $10.00 to $7.50 and set a "hold" rating for the company in a research note on Thursday, February 29th. TD Cowen lowered shares of agilon health from an "outperform" rating to a "market perform" rating and cut their price target for the company from $12.00 to $6.50 in a research note on Monday, February 26th. Citigroup assumed coverage on shares of agilon health in a research note on Monday, April 22nd. They set a "neutral" rating and a $6.00 price objective for the company. Finally, Evercore ISI dropped their price objective on shares of agilon health from $7.00 to $6.00 and set an "in-line" rating on the stock in a report on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, agilon health has an average rating of "Hold" and a consensus price target of $9.32.

agilon health Stock Up 0.3 %

Shares of AGL stock traded up $0.01 during mid-day trading on Monday, hitting $5.21. 4,646,517 shares of the stock traded hands, compared to its average volume of 5,533,670. agilon health has a 52-week low of $4.41 and a 52-week high of $24.15. The stock's fifty day moving average is $5.28 and its two-hundred day moving average is $8.31. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market cap of $2.14 billion, a P/E ratio of -7.44 and a beta of 0.52.

agilon health (NYSE:AGL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.28) by ($0.13). agilon health had a negative return on equity of 26.15% and a negative net margin of 5.67%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the firm earned ($0.14) EPS. The business's quarterly revenue was up 71.8% on a year-over-year basis.

Institutional Trading of agilon health

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Signaturefd LLC grew its holdings in shares of agilon health by 73.7% during the third quarter. Signaturefd LLC now owns 1,673 shares of the company's stock worth $30,000 after buying an additional 710 shares in the last quarter. Quest Partners LLC purchased a new position in shares of agilon health during the 4th quarter worth $45,000. Neo Ivy Capital Management purchased a new position in shares of agilon health during the 4th quarter worth $47,000. Simplicity Wealth LLC acquired a new position in shares of agilon health during the 1st quarter valued at about $65,000. Finally, Bleakley Financial Group LLC purchased a new stake in shares of agilon health in the first quarter valued at about $65,000.

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.