Agilon Health Inc [NYSE: AGL] price plunged by -28.56 percent to reach at -$3.45. The company report on January 5, 2024 at 6:05 AM that agilon health Announces Tim Bensley to Retire as CFO.
agilon health, Inc. (NYSE: AGL), the trusted partner empowering physicians to transform health care in our communities, today announced that Timothy Bensley has informed the company of his intent to retire from his position as Chief Financial Officer (CFO) during 2024, which agilon expects to take place within the next nine months. The search for a new CFO has been initiated, and Bensley has agreed to remain as CFO through this process and serve in a consulting role through the transition.
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“I want to thank Tim for his leadership over the past three years at agilon health, and for the impact he has had on our company, our physician partners, and the communities we serve,” said Steve Sell, chief executive officer, agilon health. “Tim helped advance our finance function and was key in agilon’s transition to become a publicly traded company in 2021. We wish him all the best in his retirement.”.
A sum of 36480075 shares traded at recent session while its average daily volume was at 3.22M shares. Agilon Health Inc shares reached a high of $8.82 and dropped to a low of $7.59 until finishing in the latest session at $8.63.
The one-year AGL stock forecast points to a potential upside of 44.93. The average equity rating for AGL stock is currently 1.82, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Agilon Health Inc [AGL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AGL shares is $15.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AGL stock is a recommendation set at 1.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Agilon Health Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 05, 2024.
The Average True Range (ATR) for Agilon Health Inc is set at 0.89, with the Price to Sales ratio for AGL stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 4.02, with the Price to Cash per share for the same quarter was set at 1.41.
AGL Stock Performance Analysis:
Agilon Health Inc [AGL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -31.13. With this latest performance, AGL shares dropped by -21.90% in over the last four-week period, additionally sinking by -47.82% over the last 6 months – not to mention a drop of -46.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AGL stock in for the last two-week period is set at 24.45, with the RSI for the last a single of trading hit 17.35, and the three-weeks RSI is set at 28.80 for Agilon Health Inc [AGL]. The present Moving Average for the last 50 days of trading for this stock 12.82, while it was recorded at 11.66 for the last single week of trading, and 18.52 for the last 200 days.
Insight into Agilon Health Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Agilon Health Inc [AGL] shares currently have an operating margin of -4.36 and a Gross Margin at +3.64. Agilon Health Inc’s Net Margin is presently recorded at -3.95.
Return on Total Capital for AGL is now -10.49, given the latest momentum, and Return on Invested Capital for the company is -9.59. Return on Equity for this stock declined to -10.03, with Return on Assets sitting at -6.52. When it comes to the capital structure of this company, Agilon Health Inc [AGL] has a Total Debt to Total Equity ratio set at 5.48. Additionally, AGL Total Debt to Total Capital is recorded at 5.20, with Total Debt to Total Assets ending up at 3.36. Long-Term Debt to Equity for the company is recorded at 4.65, with the Long-Term Debt to Total Capital now at 4.40.
Reflecting on the efficiency of the workforce at the company, Agilon Health Inc [AGL] managed to generate an average of -$143,264 per employee. Receivables Turnover for the company is 6.85 with a Total Asset Turnover recorded at a value of 1.65.Agilon Health Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
Agilon Health Inc [AGL] Institutonal Ownership Details
The top three institutional holders of AGL stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in AGL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in AGL stock with ownership which is approximately 5.8325%.
