AgileThought, Inc. (NASDAQ:AGIL) Forecasted to Post Q2 2022 Earnings of ($0.13) Per Share

AgileThought, Inc. (NASDAQ:AGILGet Rating) – Analysts at William Blair reduced their Q2 2022 earnings estimates for AgileThought in a research note issued to investors on Monday, May 9th. William Blair analyst M. Nolan now expects that the company will earn ($0.13) per share for the quarter, down from their prior estimate of ($0.09). William Blair also issued estimates for AgileThought’s Q3 2022 earnings at ($0.09) EPS, Q4 2022 earnings at ($0.08) EPS, FY2022 earnings at ($0.45) EPS and FY2023 earnings at ($0.22) EPS.

Separately, Zacks Investment Research cut AgileThought from a “hold” rating to a “sell” rating in a report on Monday.

NASDAQ AGIL opened at $4.27 on Wednesday. AgileThought has a 1 year low of $3.95 and a 1 year high of $36.13. The business’s fifty day moving average is $4.76 and its two-hundred day moving average is $6.19. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.45.

AgileThought (NASDAQ:AGILGet Rating) last announced its earnings results on Thursday, March 31st. The company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.01. The firm had revenue of $42.10 million for the quarter, compared to the consensus estimate of $42.50 million.

Several hedge funds and other institutional investors have recently bought and sold shares of AGIL. JPMorgan Chase & Co. acquired a new stake in AgileThought during the 4th quarter valued at $40,000. Robeco Institutional Asset Management B.V. raised its stake in AgileThought by 80.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 10,616 shares of the company’s stock valued at $50,000 after purchasing an additional 4,726 shares during the period. Qube Research & Technologies Ltd acquired a new stake in AgileThought during the 4th quarter valued at $121,000. CAPROCK Group Inc. acquired a new stake in AgileThought during the 4th quarter valued at $123,000. Finally, Renaissance Technologies LLC acquired a new stake in AgileThought during the 4th quarter valued at $137,000. 26.08% of the stock is currently owned by institutional investors.

AgileThought Company Profile (Get Rating)

AgileThought, Inc provides digital transformation services in the United States and Latin America. It offers product management services comprising AgileIgnite and DevOpsIgnite; user experience, application engineering, modernization and mobility, advanced data analytics, cloud architecture and migration, automation, and artificial intelligence and machine learning services.

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