Agiliti, Inc. (NYSE:AGTI) Receives Average Rating of "Reduce" from Brokerages

Shares of Agiliti, Inc. (NYSE:AGTI - Get Free Report) have been assigned an average recommendation of "Reduce" from the seven ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $14.17.

A number of analysts have recently weighed in on AGTI shares. UBS Group restated a "neutral" rating and issued a $10.00 target price on shares of Agiliti in a research note on Thursday, March 7th. Craig Hallum initiated coverage on Agiliti in a research report on Thursday, January 4th. They issued a "buy" rating and a $23.00 price objective for the company. TheStreet upgraded Agiliti from a "d" rating to a "c-" rating in a research report on Tuesday, March 5th. Raymond James restated a "market perform" rating on shares of Agiliti in a report on Tuesday, March 26th. Finally, KeyCorp initiated coverage on Agiliti in a report on Tuesday, February 6th. They set a "sector weight" rating on the stock.

Insider Activity at Agiliti

In related news, CEO Thomas J. Leonard sold 27,558 shares of Agiliti stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $7.23, for a total value of $199,244.34. Following the sale, the chief executive officer now owns 1,966,374 shares of the company's stock, valued at approximately $14,216,884.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Agiliti news, CEO Thomas J. Leonard sold 27,558 shares of the business's stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $7.23, for a total transaction of $199,244.34. Following the transaction, the chief executive officer now owns 1,966,374 shares of the company's stock, valued at approximately $14,216,884.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lee M. Neumann sold 4,685 shares of the business's stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $10.04, for a total value of $47,037.40. Following the transaction, the executive vice president now directly owns 29,929 shares in the company, valued at approximately $300,487.16. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,928 shares of company stock valued at $293,460. 4.16% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AGTI. Wells Fargo & Company MN boosted its stake in shares of Agiliti by 180.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,536 shares of the company's stock worth $25,000 after acquiring an additional 989 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Agiliti by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 49,865 shares of the company's stock worth $1,052,000 after acquiring an additional 1,150 shares during the period. American International Group Inc. boosted its stake in shares of Agiliti by 10.1% during the 2nd quarter. American International Group Inc. now owns 12,845 shares of the company's stock worth $263,000 after acquiring an additional 1,177 shares during the period. Macquarie Group Ltd. bought a new position in shares of Agiliti during the 2nd quarter worth approximately $28,000. Finally, GAMMA Investing LLC boosted its stake in shares of Agiliti by 144.1% during the 1st quarter. GAMMA Investing LLC now owns 2,688 shares of the company's stock worth $27,000 after acquiring an additional 1,587 shares during the period. Institutional investors and hedge funds own 99.12% of the company's stock.

Agiliti Stock Performance

AGTI stock traded down $0.01 during midday trading on Monday, hitting $10.04. The stock had a trading volume of 6,894,245 shares, compared to its average volume of 1,365,722. The company has a current ratio of 1.72, a quick ratio of 1.34 and a debt-to-equity ratio of 1.13. The stock has a 50-day simple moving average of $9.28 and a 200 day simple moving average of $7.78. Agiliti has a 52 week low of $5.07 and a 52 week high of $18.61. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -71.71 and a beta of 1.95.

Agiliti (NYSE:AGTI - Get Free Report) last released its quarterly earnings data on Tuesday, March 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Agiliti had a positive return on equity of 6.47% and a negative net margin of 1.65%. The firm had revenue of $291.99 million during the quarter, compared to analyst estimates of $291.99 million. As a group, equities research analysts anticipate that Agiliti will post 0.49 earnings per share for the current year.

About Agiliti

Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. The company offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity.