Barclays Cuts agilon health (NYSE:AGL) Price Target to $2.00

agilon health (NYSE:AGL) had its price objective trimmed by Barclays from $5.00 to $2.00 in a research report released on Monday morning,Benzinga reports. The brokerage currently has an underweight rating on the stock.

Several other equities analysts have also commented on AGL. Benchmark reaffirmed a “buy” rating and set a $9.00 price target on shares of agilon health in a research report on Thursday, August 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $8.00 price target on shares of agilon health in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a research report on Friday, August 9th. William Blair lowered shares of agilon health from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, Citigroup reissued a “sell” rating and issued a $2.50 price objective (down previously from $7.00) on shares of agilon health in a research report on Tuesday, October 29th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $6.38.

agilon health Stock Performance

Shares of AGL opened at $1.89 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.29 and a quick ratio of 1.29. The company’s 50 day simple moving average is $3.18 and its 200 day simple moving average is $4.93. agilon health has a 1 year low of $1.80 and a 1 year high of $13.76.

agilon health (NYSE:AGL) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.19). The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.47 billion. agilon health had a negative net margin of 6.88% and a negative return on equity of 47.84%. During the same period in the previous year, the company posted ($0.06) EPS. As a group, research analysts forecast that agilon health will post -0.35 earnings per share for the current year.

Insider Activity at agilon health

In other news, CEO Steven Sell purchased 20,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was acquired at an average cost of $3.36 per share, with a total value of $67,200.00. Following the acquisition, the chief executive officer now owns 67,590 shares in the company, valued at approximately $227,102.40. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AGL. J.Safra Asset Management Corp boosted its stake in agilon health by 626.1% during the 2nd quarter. J.Safra Asset Management Corp now owns 4,204 shares of the company’s stock valued at $27,000 after acquiring an additional 3,625 shares during the last quarter. City State Bank bought a new position in shares of agilon health in the 3rd quarter worth about $52,000. CWM LLC lifted its position in shares of agilon health by 406.5% in the 2nd quarter. CWM LLC now owns 9,081 shares of the company’s stock worth $59,000 after buying an additional 7,288 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in shares of agilon health in the 2nd quarter worth about $60,000. Finally, Bleakley Financial Group LLC bought a new position in shares of agilon health in the 1st quarter worth about $65,000.

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.