agilon health, inc. (NYSE:AGL) Receives Consensus Rating of “Hold” from Analysts

agilon health, inc. (NYSE:AGL) has been given an average recommendation of “Hold” by the nineteen ratings firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $4.79.

A number of analysts have issued reports on AGL shares. Royal Bank of Canada boosted their target price on agilon health from $3.00 to $3.50 and gave the company an “outperform” rating in a research report on Wednesday, February 26th. Cowen reissued a “hold” rating on shares of agilon health in a research report on Tuesday, April 15th. JMP Securities reissued a “market perform” rating on shares of agilon health in a research report on Monday, April 28th. Sanford C. Bernstein upgraded shares of agilon health from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $3.30 to $8.50 in a research note on Tuesday, April 8th. Finally, TD Cowen boosted their price target on shares of agilon health from $3.50 to $6.00 and gave the stock a “hold” rating in a research note on Tuesday, April 15th.

Hedge Funds Weigh In On agilon health

A number of institutional investors and hedge funds have recently modified their holdings of the company. Caxton Associates LLP acquired a new position in shares of agilon health during the first quarter worth $1,529,000. Goldman Sachs Group Inc. lifted its position in agilon health by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 5,060,333 shares of the company’s stock valued at $21,911,000 after acquiring an additional 311,158 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its position in agilon health by 28.4% in the first quarter. Dynamic Technology Lab Private Ltd now owns 47,111 shares of the company’s stock valued at $204,000 after acquiring an additional 10,424 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in agilon health by 3.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 214,200 shares of the company’s stock valued at $927,000 after acquiring an additional 7,209 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in agilon health by 243.3% in the first quarter. AQR Capital Management LLC now owns 501,440 shares of the company’s stock valued at $2,171,000 after acquiring an additional 355,365 shares during the last quarter.

agilon health Stock Up 1.1%

Shares of NYSE AGL opened at $2.23 on Friday. The firm has a market cap of $921.04 million, a price-to-earnings ratio of -2.37 and a beta of 0.38. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.06. agilon health has a 52-week low of $1.50 and a 52-week high of $7.73. The business’s 50 day moving average is $4.00 and its two-hundred day moving average is $3.18.

agilon health (NYSE:AGL) last announced its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.50 billion. agilon health had a negative return on equity of 47.84% and a negative net margin of 6.88%. The firm’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) earnings per share. Research analysts predict that agilon health will post -0.59 EPS for the current year.

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.