agilon health (NYSE:AGL) Stock Price Up 4.8%

agilon health, inc. (NYSE:AGL) traded up 4.8% during trading on Wednesday . The stock traded as high as $6.59 and last traded at $6.58. 2,561,730 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 5,057,788 shares. The stock had previously closed at $6.28.

Wall Street Analysts Forecast Growth

AGL has been the subject of several research reports. Stifel Nicolaus decreased their price target on shares of agilon health from $8.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 1st. Benchmark decreased their price target on shares of agilon health from $13.00 to $9.00 and set a “buy” rating for the company in a research note on Thursday, February 29th. Baird R W upgraded shares of agilon health to a “hold” rating in a research note on Thursday, May 30th. Robert W. Baird initiated coverage on shares of agilon health in a research note on Thursday, May 30th. They issued a “neutral” rating and a $6.00 price target for the company. Finally, Truist Financial increased their price target on shares of agilon health from $6.40 to $6.50 and gave the stock a “hold” rating in a research note on Friday, May 24th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $9.03.

agilon health Stock Up 0.6 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.33. The company’s 50-day moving average is $5.89 and its 200 day moving average is $6.90.

agilon health (NYSE:AGL) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.03. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.62 billion. agilon health had a negative net margin of 5.67% and a negative return on equity of 26.15%. Analysts expect that agilon health, inc. will post -0.34 EPS for the current fiscal year.

Institutional Investors Weigh In On agilon health

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new stake in agilon health in the 1st quarter valued at $185,000. Capital International Investors grew its stake in agilon health by 84.7% in the 1st quarter. Capital International Investors now owns 20,197,932 shares of the company’s stock valued at $123,207,000 after acquiring an additional 9,263,296 shares during the period. Seven Eight Capital LP acquired a new stake in agilon health in the 1st quarter valued at $1,593,000. Vanguard Group Inc. grew its stake in agilon health by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 28,947,798 shares of the company’s stock valued at $176,582,000 after acquiring an additional 371,537 shares during the period. Finally, Blair William & Co. IL grew its stake in agilon health by 8.3% in the 1st quarter. Blair William & Co. IL now owns 242,076 shares of the company’s stock valued at $1,477,000 after acquiring an additional 18,599 shares during the period.

About agilon health

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.