agilon health (NYSE:AGL) Reaches New 52-Week Low at $4.41

agilon health, inc. (NYSE:AGL)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $4.41 and last traded at $4.96, with a volume of 3662386 shares. The stock had previously closed at $4.48.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Truist Financial reduced their target price on agilon health from $10.00 to $7.50 and set a “hold” rating for the company in a research report on Thursday, February 29th. Benchmark dropped their price target on agilon health from $13.00 to $9.00 and set a “buy” rating for the company in a research note on Thursday, February 29th. JPMorgan Chase & Co. lowered agilon health from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $17.00 to $9.00 in a research note on Friday, January 5th. SVB Leerink lowered agilon health from an “outperform” rating to a “market perform” rating in a research note on Monday, January 8th. Finally, Stifel Nicolaus dropped their price target on agilon health from $10.00 to $9.00 and set a “hold” rating for the company in a research note on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9.73.

agilon health Trading Up 1.5 %

The firm has a 50-day moving average price of $5.78 and a 200-day moving average price of $10.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a market cap of $2.24 billion, a PE ratio of -8.86 and a beta of 0.49.

agilon health (NYSE:AGL) last released its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.13). The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. agilon health had a negative return on equity of 21.74% and a negative net margin of 5.76%. agilon health’s quarterly revenue was up 71.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.14) earnings per share. As a group, equities analysts anticipate that agilon health, inc. will post -0.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP lifted its holdings in agilon health by 8.3% in the 3rd quarter. Wellington Management Group LLP now owns 41,318,777 shares of the company’s stock worth $733,821,000 after purchasing an additional 3,162,094 shares in the last quarter. California Public Employees Retirement System raised its holdings in shares of agilon health by 27.7% during the 3rd quarter. California Public Employees Retirement System now owns 413,987 shares of the company’s stock worth $7,352,000 after acquiring an additional 89,728 shares in the last quarter. Morgan Stanley raised its holdings in shares of agilon health by 8.9% during the 3rd quarter. Morgan Stanley now owns 44,819,378 shares of the company’s stock worth $795,992,000 after acquiring an additional 3,674,311 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of agilon health by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,796,884 shares of the company’s stock worth $31,913,000 after acquiring an additional 70,443 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of agilon health by 222.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 23,660 shares of the company’s stock worth $420,000 after acquiring an additional 16,324 shares in the last quarter.

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.