Investors Buy Large Volume of agilon health Call Options (NYSE:AGL)

agilon health, inc. (NYSE:AGL) was the recipient of unusually large options trading on Tuesday. Stock traders purchased 2,845 call options on the stock. This represents an increase of approximately 122% compared to the typical volume of 1,283 call options.

Analyst Ratings Changes

Several research firms recently issued reports on AGL. Royal Bank of Canada reiterated an “outperform” rating and set a $8.00 target price on shares of agilon health in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on agilon health from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Friday, August 9th. Baird R W raised agilon health to a “hold” rating in a research note on Thursday, May 30th. Benchmark reaffirmed a “buy” rating and issued a $9.00 price objective on shares of agilon health in a research note on Thursday, August 8th. Finally, Evercore ISI raised their price objective on agilon health from $5.50 to $7.00 and gave the company an “in-line” rating in a research note on Tuesday, July 9th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $8.57.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AGL. Capital International Investors increased its holdings in agilon health by 84.7% during the 1st quarter. Capital International Investors now owns 20,197,932 shares of the company’s stock worth $123,207,000 after purchasing an additional 9,263,296 shares during the period. Capital World Investors increased its holdings in shares of agilon health by 7.4% in the 4th quarter. Capital World Investors now owns 55,218,496 shares of the company’s stock valued at $692,992,000 after acquiring an additional 3,813,214 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of agilon health by 46.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,139,886 shares of the company’s stock valued at $127,256,000 after acquiring an additional 3,195,087 shares during the period. Norges Bank purchased a new position in shares of agilon health in the 4th quarter valued at $27,902,000. Finally, AQR Capital Management LLC increased its holdings in shares of agilon health by 3,338.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,356,438 shares of the company’s stock valued at $8,871,000 after acquiring an additional 1,316,990 shares during the period.

agilon health Price Performance

Shares of AGL stock opened at $3.21 on Thursday. agilon health has a 52-week low of $3.18 and a 52-week high of $20.37. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market capitalization of $1.32 billion, a P/E ratio of -4.59 and a beta of 0.55. The stock has a 50 day moving average price of $5.50 and a 200 day moving average price of $5.64.

agilon health (NYSE:AGL) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.07). The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.56 billion. agilon health had a negative return on equity of 29.91% and a negative net margin of 5.57%. agilon health’s quarterly revenue was up 38.7% compared to the same quarter last year. During the same period last year, the company earned ($0.04) EPS. As a group, sell-side analysts predict that agilon health will post -0.35 earnings per share for the current year.

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.