Agiliti (NYSE:AGTI) Sees Unusually-High Trading Volume

Shares of Agiliti, Inc. (NYSE:AGTI - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 3,124,719 shares were traded during trading, an increase of 143% from the previous session's volume of 1,286,064 shares.The stock last traded at $10.05 and had previously closed at $10.07.

Analyst Ratings Changes

AGTI has been the subject of a number of recent analyst reports. Craig Hallum initiated coverage on Agiliti in a research report on Thursday, January 4th. They set a "buy" rating and a $23.00 price target for the company. KeyCorp assumed coverage on Agiliti in a research report on Tuesday, February 6th. They set a "sector weight" rating for the company. Raymond James reissued a "market perform" rating on shares of Agiliti in a research report on Tuesday, March 26th. TheStreet raised Agiliti from a "d" rating to a "c-" rating in a research report on Tuesday, March 5th. Finally, UBS Group reissued a "neutral" rating and issued a $10.00 target price on shares of Agiliti in a research report on Thursday, March 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $14.17.

Agiliti Price Performance

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 company has a market cap of $1.37 billion, a PE ratio of -71.74 and a beta of 1.95. The firm has a 50 day moving average of $9.10 and a two-hundred day moving average of $7.70.

Agiliti (NYSE:AGTI - Get Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.11 earnings per share 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 company had revenue of $291.99 million for the quarter, compared to the consensus estimate of $291.99 million. Research analysts predict that Agiliti, Inc. will post 0.49 earnings per share for the current fiscal year.

Insider Buying and Selling at Agiliti

In other news, CEO Thomas J. Leonard sold 27,558 shares of the firm's stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $7.31, for a total value of $201,448.98. Following the transaction, the chief executive officer now directly owns 1,938,816 shares in the company, valued at approximately $14,172,744.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CEO Thomas J. Leonard sold 27,558 shares of the firm's stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $7.31, for a total value of $201,448.98. Following the transaction, the chief executive officer now directly owns 1,938,816 shares in the company, valued at approximately $14,172,744.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Lee M. Neumann sold 4,685 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president now owns 29,929 shares in the company, valued at $300,487.16. The disclosure for this sale can be found here. In the last three months, insiders have sold 64,486 shares of company stock worth $494,909. Insiders own 4.16% of the company's stock.

Hedge Funds Weigh In On Agiliti

A number of institutional investors have recently bought and sold shares of AGTI. Wells Fargo & Company MN raised its holdings in Agiliti by 180.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,536 shares of the company's stock valued at $25,000 after acquiring an additional 989 shares during the period. GAMMA Investing LLC raised its holdings in Agiliti by 144.1% during the first quarter. GAMMA Investing LLC now owns 2,688 shares of the company's stock valued at $27,000 after acquiring an additional 1,587 shares during the period. Macquarie Group Ltd. bought a new stake in Agiliti during the second quarter valued at about $28,000. Clear Street Markets LLC bought a new stake in Agiliti during the fourth quarter valued at about $40,000. Finally, Quest Partners LLC bought a new stake in Agiliti during the fourth quarter valued at about $44,000. 99.12% of the stock is owned by institutional investors.

Agiliti Company Profile

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.