agilon health, inc. (NYSE:AGL) Director Buys $55,000.00 in Stock

agilon health, inc. (NYSE:AGL) Director Karen Mcloughlin purchased 25,000 shares of the stock in a transaction on Friday, December 13th. The stock was bought at an average price of $2.20 per share, for a total transaction of $55,000.00. Following the completion of the transaction, the director now directly owns 73,166 shares of the company’s stock, valued at approximately $160,965.20. This trade represents a 51.90 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

agilon health Trading Up 0.9 %

NYSE:AGL opened at $2.24 on Monday. agilon health, inc. has a 1-year low of $1.50 and a 1-year high of $13.76. The business’s 50-day moving average price is $2.44 and its two-hundred day moving average price is $4.38. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $922.92 million, a price-to-earnings ratio of -2.38 and a beta of 0.51.

agilon health (NYSE:AGL) last released its earnings results on Thursday, November 7th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.19). agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the company posted ($0.06) EPS. On average, equities analysts expect that agilon health, inc. will post -0.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AGL shares. Evercore ISI lowered their price target on agilon health from $7.00 to $4.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 8th. Barclays decreased their target price on agilon health from $5.00 to $2.00 and set an “underweight” rating on the stock in a report on Monday, November 11th. Citigroup decreased their target price on agilon health from $2.50 to $1.75 and set a “sell” rating on the stock in a report on Wednesday, November 13th. William Blair cut agilon health from an “outperform” rating to a “market perform” rating in a report on Friday, November 8th. Finally, Sanford C. Bernstein started coverage on agilon health in a report on Wednesday, December 11th. They set a “market perform” rating and a $2.50 target price on the stock. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, agilon health has a consensus rating of “Hold” and an average target price of $4.38.

Hedge Funds Weigh In On agilon health

Hedge funds have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in agilon health in the third quarter valued at about $28,000. City State Bank acquired a new stake in shares of agilon health during the third quarter worth about $52,000. CWM LLC raised its position in shares of agilon health by 406.5% during the second quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after purchasing an additional 7,288 shares during the period. Nisa Investment Advisors LLC acquired a new stake in shares of agilon health during the second quarter worth about $60,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of agilon health by 17,790.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 10,734 shares of the company’s stock worth $70,000 after purchasing an additional 10,674 shares during the period.

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.