Agilon Health Sees Unusually Large Options Volume (NYSE:AGL)

Agilon Health, Inc. (NYSE:AGL) saw some unusual options trading activity on Tuesday. Stock investors acquired 3,810 call options on the company. This is an increase of 187% compared to the typical volume of 1,328 call options.

Analyst Ratings Changes

AGL has been the subject of a number of research analyst reports. Sanford C. Bernstein raised shares of Agilon Health from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $3.30 to $8.50 in a research report on Tuesday, April 8th. Cowen restated a “hold” rating on shares of Agilon Health in a report on Tuesday, April 15th. Citigroup upgraded Agilon Health from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $3.25 to $5.00 in a report on Friday, April 25th. Royal Bank Of Canada increased their price objective on Agilon Health from $3.00 to $3.50 and gave the stock an “outperform” rating in a report on Wednesday, February 26th. Finally, Robert W. Baird dropped their price objective on Agilon Health from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $4.79.

Institutional Investors Weigh In On Agilon Health

Several large investors have recently made changes to their positions in AGL. Ieq Capital LLC acquired a new stake in Agilon Health during the 4th quarter valued at $26,000. Signaturefd LLC lifted its holdings in Agilon Health by 143.0% during the 4th quarter. Signaturefd LLC now owns 14,388 shares of the company’s stock valued at $27,000 after purchasing an additional 8,467 shares during the last quarter. Humankind Investments LLC acquired a new stake in Agilon Health during the 4th quarter valued at $30,000. Raymond James Financial Inc. acquired a new stake in Agilon Health during the 4th quarter valued at $33,000. Finally, Cerity Partners LLC acquired a new stake in Agilon Health during the 4th quarter valued at $34,000.

Agilon Health Stock Down 3.0%

Shares of NYSE:AGL opened at $2.12 on Wednesday. Agilon Health has a 12 month low of $1.50 and a 12 month high of $7.73. The company’s 50-day moving average price is $3.23 and its two-hundred day moving average price is $3.21. The firm has a market cap of $875.50 million, a P/E ratio of -3.58 and a beta of 0.14.

Agilon Health (NYSE:AGL) last released 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. Agilon Health had a negative net margin of 4.04% and a negative return on equity of 45.47%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company posted ($0.02) EPS. The company’s revenue was down 4.5% compared to the same quarter last year. As a group, equities analysts predict that Agilon Health will post -0.59 earnings per share for the current fiscal 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.