agilon health (NYSE:AGL) Shares Up 5.6%

agilon health, inc. (NYSE:AGL - Get Free Report) traded up 5.6% on Thursday . The company traded as high as $5.30 and last traded at $5.29. 1,039,430 shares changed hands during trading, a decline of 82% from the average session volume of 5,830,453 shares. The stock had previously closed at $5.01.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Jefferies Financial Group reissued a "hold" rating and set a $6.50 price objective (down previously from $25.00) on shares of agilon health in a research note on Monday, February 26th. Wolfe Research downgraded agilon health from an "outperform" rating to a "peer perform" rating in a report on Monday, January 8th. Evercore ISI cut their price target on agilon health from $7.00 to $6.00 and set an "in-line" rating on the stock in a report on Wednesday, February 28th. Benchmark cut their price target on agilon health from $13.00 to $9.00 and set a "buy" rating on the stock in a report on Thursday, February 29th. Finally, TD Cowen cut agilon health from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $12.00 to $6.50 in a research report on Monday, February 26th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, agilon health currently has an average rating of "Hold" and a consensus target price of $9.73.

agilon health Stock Up 7.5 %

The firm has a fifty day moving average price of $5.82 and a 200-day moving average price of $10.08. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.05. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of -8.28 and a beta of 0.49.

agilon health (NYSE:AGL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business earned ($0.14) EPS. agilon health's revenue for the quarter was up 71.8% compared to the same quarter last year. As a group, sell-side analysts forecast that agilon health, inc. will post -0.35 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its holdings in 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 acquiring an additional 453 shares during the last quarter. Captrust Financial Advisors boosted its holdings in agilon health by 1.5% in the fourth quarter. Captrust Financial Advisors now owns 32,971 shares of the company's stock valued at $532,000 after acquiring an additional 487 shares during the last quarter. Signaturefd LLC boosted its holdings in 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 acquiring an additional 710 shares during the last quarter. CWM LLC boosted its holdings in 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 acquiring an additional 722 shares during the last quarter. Finally, Bailard Inc. boosted its holdings in agilon health by 1.9% in the third quarter. Bailard Inc. now owns 43,752 shares of the company's stock valued at $777,000 after acquiring an additional 803 shares during the last quarter.

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.