agilon health (NYSE:AGL) PT Lowered to $7.00

agilon health (NYSE:AGL - Get Free Report) had its target price cut by stock analysts at Stifel Nicolaus from $8.00 to $7.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a "hold" rating on the stock. Stifel Nicolaus' target price suggests a potential upside of 41.27% from the company's current price.

AGL has been the topic of several other research reports. Benchmark dropped their price target on shares of agilon health from $13.00 to $9.00 and set a "buy" rating on the stock in a research note on Thursday, February 29th. Truist Financial dropped their price target on shares of agilon health from $10.00 to $7.50 and set a "hold" rating on the stock in a research note on Thursday, February 29th. JPMorgan Chase & Co. lowered shares of agilon health from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $17.00 to $9.00 in a research note on Friday, January 5th. SVB Leerink lowered shares of agilon health from an "outperform" rating to a "market perform" rating in a research note on Monday, January 8th. Finally, Evercore ISI lowered 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 research note on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $9.32.

agilon health Stock Performance

Shares of NYSE:AGL traded down $0.54 during trading hours on Wednesday, hitting $4.96. The stock had a trading volume of 5,920,301 shares, compared to its average volume of 5,660,185. The stock's fifty day simple moving average is $5.49 and its 200 day simple moving average is $9.20. agilon health has a 1-year low of $4.41 and a 1-year high of $26.75. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -7.62 and a beta of 0.49. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.51 and a current ratio of 1.51.

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

Institutional Trading of agilon health

A number of large investors have recently added to or reduced their stakes in AGL. CWM LLC boosted its holdings in agilon health by 83.7% during the third quarter. CWM LLC now owns 1,585 shares of the company's stock worth $28,000 after buying an additional 722 shares in the last quarter. Signaturefd LLC boosted its stake in agilon health by 73.7% in the 3rd quarter. Signaturefd LLC now owns 1,673 shares of the company's stock worth $30,000 after purchasing an additional 710 shares during the period. Quest Partners LLC acquired a new position in agilon health in the 4th quarter worth approximately $45,000. Neo Ivy Capital Management acquired a new position in agilon health in the 4th quarter worth approximately $47,000. Finally, Simplicity Wealth LLC acquired a new position in agilon health in the 1st quarter worth approximately $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.