The price of Agilon Health Inc (NYSE: AGL) closed at $6.36 in the last session, down -1.85% from day before closing price of $6.48. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 11166472 shares were traded.
Ratios:
We take a closer look at AGL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on February 26, 2024, Downgraded its rating to Market Perform and sets its target price to $6.50 from $12 previously.
On February 26, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $25 to $6.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 29 when Schwaneke Jeffrey A. bought 22,300 shares for $11.22 per share. The transaction valued at 250,206 led to the insider holds 31,931 shares of the business.
Shaker Benjamin sold 18,750 shares of AGL for $337,455 on Sep 13. The Chief Markets Officer now owns 79,543 shares after completing the transaction at $18.00 per share. On Sep 12, another insider, Shaker Benjamin, who serves as the Chief Markets Officer of the company, sold 18,750 shares for $18.05 each. As a result, the insider received 338,481 and left with 79,543 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGL now has a Market Capitalization of 2.58B and an Enterprise Value of 2.07B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is -33.21.
Stock Price History:
Over the past 52 weeks, AGL has reached a high of $29.44, while it has fallen to a 52-week low of $5.63. The 50-Day Moving Average of the stock is 8.44, while the 200-Day Moving Average is calculated to be 15.16.
Shares Statistics:
According to the various share statistics, AGL traded on average about 5.39M shares per day over the past 3-months and 4.5M shares per day over the past 10 days. A total of 406.39M shares are outstanding, with a floating share count of 299.28M. Insiders hold about 26.29% of the company’s shares, while institutions hold 86.48% stake in the company. Shares short for AGL as of Feb 15, 2024 were 46.12M with a Short Ratio of 8.55, compared to 47.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.36% and a Short% of Float of 40.13%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.17 and a low estimate of -$0.07, while EPS last year was $0.04. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.06 and low estimates of -$0.07.
Analysts are recommending an EPS of between $0.01 and -$0.31 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is $0.04, with 11 analysts recommending between $0.2 and -$0.19.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $1.57B. It ranges from a high estimate of $1.68B to a low estimate of $1.42B. As of the current estimate, Agilon Health Inc’s year-ago sales were $1.14B, an estimated increase of 37.80% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.58B, an increase of 37.80% over than the figure of $37.80% in the same quarter last year. There is a high estimate of $1.7B for the next quarter, whereas the lowest estimate is $1.44B.
A total of 16 analysts have provided revenue estimates for AGL’s current fiscal year. The highest revenue estimate was $6.42B, while the lowest revenue estimate was $6.07B, resulting in an average revenue estimate of $6.34B. In the same quarter a year ago, actual revenue was $4.32B, up 47.00% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $8.05B in the next fiscal year. The high estimate is $8.39B and the low estimate is $7.31B. The average revenue growth estimate for next year is up 26.90% from the average revenue estimate for this year.
