agilon health (NYSE:AGL) Trading Down 6.1%

agilon health, inc. (NYSE:AGL - Get Free Report) shares fell 6.1% during trading on Monday . The stock traded as low as $4.61 and last traded at $4.65. 722,891 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 5,811,970 shares. The stock had previously closed at $4.95.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AGL. Stifel Nicolaus reduced their price target on agilon health from $10.00 to $9.00 and set a "hold" rating for the company in a research report on Thursday, February 22nd. Royal Bank of Canada reduced their price objective on agilon health from $11.00 to $8.00 and set an "outperform" rating for the company in a research note on Wednesday, February 28th. TD Cowen cut agilon health from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $12.00 to $6.50 in a research note on Monday, February 26th. JPMorgan Chase & Co. lowered agilon health from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $17.00 to $9.00 in a report on Friday, January 5th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $6.50 target price (down from $25.00) on shares of agilon health in a report on Monday, February 26th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $9.73.

agilon health Trading Down 9.9 %

The company has a 50-day moving average price of $5.90 and a 200-day moving average price of $10.30. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -6.95 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 posted its earnings results on Tuesday, February 27th. The company reported ($0.41) earnings per share 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 analysts' expectations of $1.02 billion. During the same period in the previous year, the firm posted ($0.14) earnings per share. The firm's revenue for the quarter was up 71.8% on a year-over-year basis. As a group, research analysts forecast that agilon health, inc. will post -0.35 EPS for the current fiscal year.

Hedge Funds Weigh In On agilon health

A number of large investors have recently modified their holdings of AGL. CWM LLC grew its holdings in shares of agilon health by 83.7% in the 3rd quarter. CWM LLC now owns 1,585 shares of the company's stock worth $28,000 after acquiring an additional 722 shares during the period. Signaturefd LLC grew its holdings in shares of 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 acquiring an additional 710 shares during the period. First Horizon Advisors Inc. grew its holdings in agilon health by 41.2% during the 1st 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 last quarter. Ronald Blue Trust Inc. acquired a new stake in agilon health during the 3rd quarter valued at $38,000. Finally, Quest Partners LLC acquired a new stake in shares of agilon health during the fourth quarter worth $45,000.

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.