Agiliti, Inc. (NYSE:AGTI - Get Free Report) EVP Lee M. Neumann sold 4,685 shares of the stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $10.04, for a total value of $47,037.40. Following the sale, the executive vice president now directly owns 29,929 shares of the company's stock, valued at $300,487.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Agiliti Price Performance
NYSE:AGTI opened at $10.05 on Thursday. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -71.74 and a beta of 1.95. Agiliti, Inc. has a 52-week low of $5.07 and a 52-week high of $18.61. The stock has a fifty day moving average of $9.10 and a 200 day moving average of $7.70. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.34 and a current ratio of 1.72.
Agiliti (NYSE:AGTI - Get Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $291.99 million during the quarter, compared to analyst estimates of $291.99 million. Agiliti had a positive return on equity of 6.47% and a negative net margin of 1.65%. On average, research analysts expect that Agiliti, Inc. will post 0.49 EPS for the current fiscal year.
Institutional Investors Weigh In On Agiliti
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Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its position in Agiliti by 1.0% during the second quarter. BlackRock Inc. now owns 5,789,032 shares of the company's stock valued at $95,519,000 after purchasing an additional 56,775 shares in the last quarter. JPMorgan Chase & Co. raised its position in Agiliti by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 5,128,568 shares of the company's stock valued at $33,284,000 after purchasing an additional 48,517 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in Agiliti by 10.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,577,543 shares of the company's stock valued at $74,660,000 after purchasing an additional 418,945 shares in the last quarter. Morgan Stanley raised its position in Agiliti by 3,037.5% during the fourth quarter. Morgan Stanley now owns 4,164,951 shares of the company's stock valued at $67,930,000 after purchasing an additional 4,032,202 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Agiliti by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 3,751,772 shares of the company's stock valued at $29,714,000 after purchasing an additional 27,326 shares in the last quarter. Institutional investors own 99.12% of the company's stock.
Wall Street Analysts Forecast Growth
AGTI has been the subject of several research reports. Raymond James reissued a "market perform" rating on shares of Agiliti in a report on Tuesday, March 26th. Craig Hallum initiated coverage on Agiliti in a report on Thursday, January 4th. They set a "buy" rating and a $23.00 price objective for the company. TheStreet raised Agiliti from a "d" rating to a "c-" rating in a report on Tuesday, March 5th. KeyCorp assumed coverage on Agiliti in a report on Tuesday, February 6th. They set a "sector weight" rating for the company. Finally, UBS Group reaffirmed a "neutral" rating and issued a $10.00 price target on shares of Agiliti in a report on Thursday, March 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Agiliti presently has a consensus rating of "Hold" and an average price target of $14.17.
View Our Latest Analysis on Agiliti
Agiliti Company Profile
(
Get Free Report)
Agiliti, Inc, together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. The company 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.
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