Brokerages Set Agiliti, Inc. (NYSE:AGTI) Target Price at $14.17

Agiliti, Inc. (NYSE:AGTIGet Free Report) has received a consensus recommendation of “Reduce” from the seven research firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $14.17.

A number of equities research analysts have recently issued reports on the stock. TheStreet raised shares of Agiliti from a “d” rating to a “c-” rating in a report on Tuesday, March 5th. Raymond James reaffirmed a “market perform” rating on shares of Agiliti in a report on Tuesday, March 26th. Finally, UBS Group reissued a “neutral” rating and issued a $10.00 price target on shares of Agiliti in a report on Thursday, March 7th.

View Our Latest Analysis on Agiliti

Insiders Place Their Bets

In related news, EVP Lee M. Neumann sold 4,685 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $10.04, for a total transaction of $47,037.40. Following the transaction, the executive vice president now directly owns 29,929 shares in the company, valued at $300,487.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.16% of the company’s stock.

Institutional Trading of Agiliti

Several hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new stake in Agiliti in the first quarter worth about $232,000. Public Employees Retirement System of Ohio bought a new stake in shares of Agiliti in the first quarter valued at approximately $607,000. Alpine Global Management LLC bought a new stake in shares of Agiliti in the first quarter valued at approximately $26,445,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Agiliti in the first quarter valued at approximately $1,424,000. Finally, Gabelli Funds LLC bought a new stake in shares of Agiliti in the first quarter valued at approximately $948,000. Institutional investors own 99.12% of the company’s stock.

Agiliti Trading Down 0.5 %

Shares of NYSE:AGTI opened at $10.05 on Tuesday. The company’s 50-day moving average price is $10.06 and its two-hundred day moving average price is $8.84. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.72 and a quick ratio of 1.34. Agiliti has a one year low of $5.07 and a one year high of $18.61. The stock has a market capitalization of $1.37 billion, a PE ratio of -71.78 and a beta of 1.90.

Agiliti (NYSE:AGTIGet Free Report) last issued its earnings results on Tuesday, March 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $291.99 million for the quarter, compared to analysts’ expectations of $291.99 million. Agiliti had a negative net margin of 1.65% and a positive return on equity of 6.47%. On average, equities analysts forecast that Agiliti will post 0.49 EPS for the current fiscal year.

About Agiliti

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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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Analyst Recommendations for Agiliti (NYSE:AGTI)

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