Stocks of Agiliti Inc. (NYSE:AGTI) traded higher last session on Wall Street, down -2.22% to $14.52.
According to the data, Agiliti Inc. (NYSE:AGTI) has 7 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $23.00 and a low of $18.00, we find $20.00. Given the previous closing price of $14.85, this indicates a potential upside of 34.68 percent. AGTI stock price is now -17.35% away from the 50-day moving average and -18.35% away from the 200-day moving average. The market capitalization of the company currently stands at $1.99B.
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A total of 3 analysts have issued a hold rating and 3 have given it a buy rating. Brokers who have rated the stock have averaged $19.71 as their price target over the next twelve months.
On December 16, 2022, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $19, while ‘Citigroup’ rates the stock as ‘Buy’.
In other news, Neumann Lee M, EVP & GC sold 13,034 shares of the company’s stock on Mar 15. The stock was sold for $188,310 at an average price of $14.45. Upon completion of the transaction, the EVP & GC now directly owns 38,647 shares in the company, valued at $0.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14, EVP & GC Neumann Lee M sold 5,000 shares of the business’s stock. A total of $74,135 was realized by selling the stock at an average price of $14.83. This leaves the insider owning 43,647 shares of the company worth $0.63 million. Insiders disposed of 689,477 shares of company stock worth roughly $10.01 million over the past 1 year. A total of 0.80% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AGTI stock. A new stake in Agiliti Inc. shares was purchased by PRINCIPAL FINANCIAL GROUP INC during the first quarter worth $3,043,000. AMERIPRISE FINANCIAL INC invested $1,789,000 in shares of AGTI during the first quarter. In the first quarter, HOLOCENE ADVISORS, LP acquired a new stake in Agiliti Inc. valued at approximately $1,143,000. PUBLIC SECTOR PENSION INVESTMENT BOARD acquired a new stake in AGTI for approximately $881,000. COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS purchased a new stake in AGTI valued at around $518,000 in the second quarter.
Friday’s opening bell rang with an opening price of $14.77 for Agiliti Inc. (NYSE: AGTI). During the past 12 months, Agiliti Inc. has had a low of $14.15 and a high of $23.25. As of last week, the company has a debt-to-equity ratio of 1.16, a current ratio of 1.60, and a quick ratio of 1.20. The fifty day moving average price for AGTI is $17.51 and a two-hundred day moving average price translates $17.76 for the stock.
The latest earnings results from Agiliti Inc. (NYSE: AGTI) was released for Sep, 2022. According to the Health Information Services Company, earnings per share came in at $0.19, beating analysts’ expectations of $0.16 by 0.03. This compares to $0.07 EPS in the same period last year. The net profit margin was 2.70% and return on equity was 3.20% for AGTI. The company reported revenue of $281.68 million for the quarter, compared to $290.48 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.03 percent. For the current quarter, analysts expect AGTI to generate $272.74M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 11/20/2019. Investors who held shares on 11/18/2019 were paid a $2.23 dividend.
Agiliti Inc.(AGTI) Company Profile
Agiliti, Inc., together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. It offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity. The company also provides clinical engineering services comprising maintenance, repair, and remediation solutions for various types of medical equipment, including general biomedical equipment, diagnostic imaging equipment, and surgical equipment through supplemental and outsourced offerings. In addition, it offers equipment solutions, which primarily provide supplemental, peak need, and per-case rental of general biomedical, specialty, and surgical equipment to acute care hospitals and alternate site providers, including premier healthcare institutions and integrated delivery networks. The company serves acute care hospitals, health systems and integrated delivery networks and alternate site providers Agiliti, Inc. was founded in 1939 and is headquartered in Eden Prairie, Minnesota.
