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

Agiliti, Inc. (NYSE:AGTI) has earned an average rating of “Reduce” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $14.17.

Several analysts have recently weighed in on the stock. KeyCorp began coverage on shares of Agiliti in a report on Tuesday, February 6th. They issued a “sector weight” rating on the stock. Raymond James reaffirmed a “market perform” rating on shares of Agiliti in a research report on Tuesday, March 26th. TheStreet upgraded Agiliti from a “d” rating to a “c-” rating in a report on Tuesday, March 5th. Finally, UBS Group reissued a “neutral” rating and issued a $10.00 price objective on shares of Agiliti in a research report on Thursday, March 7th.

Insider Transactions at Agiliti

In other news, CEO Thomas J. Leonard sold 27,558 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $7.23, for a total transaction of $199,244.34. Following the sale, the chief executive officer now directly owns 1,966,374 shares of the company’s stock, valued at $14,216,884.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Agiliti news, EVP Lee M. Neumann sold 4,685 shares of the business’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $10.04, for a total value of $47,037.40. Following the transaction, the executive vice president now owns 29,929 shares in the company, valued at $300,487.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas J. Leonard sold 27,558 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $7.23, for a total value of $199,244.34. Following the sale, the chief executive officer now owns 1,966,374 shares of the company’s stock, valued at approximately $14,216,884.02. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,928 shares of company stock valued at $293,460. Corporate insiders own 4.16% of the company’s stock.

Hedge Funds Weigh In On Agiliti

Large investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its holdings in Agiliti by 144.1% in the 1st quarter. GAMMA Investing LLC now owns 2,688 shares of the company’s stock valued at $27,000 after acquiring an additional 1,587 shares in the last quarter. Quest Partners LLC bought a new position in shares of Agiliti in the 4th quarter valued at about $44,000. PNC Financial Services Group Inc. raised its stake in shares of Agiliti by 682.0% during the third quarter. PNC Financial Services Group Inc. now owns 7,187 shares of the company’s stock worth $47,000 after buying an additional 6,268 shares during the last quarter. Quarry LP bought a new stake in Agiliti in the fourth quarter valued at approximately $68,000. Finally, Tower Research Capital LLC TRC increased its stake in Agiliti by 248.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,088 shares of the company’s stock valued at $72,000 after purchasing an additional 6,480 shares in the last quarter. Institutional investors and hedge funds own 99.12% of the company’s stock.

Agiliti Stock Performance

Shares of Agiliti stock opened at $10.05 on Friday. Agiliti has a 52 week low of $5.07 and a 52 week high of $18.61. The business’s fifty day simple moving average is $10.04 and its 200-day simple moving average is $8.38. The firm has a market cap of $1.37 billion, a PE ratio of -71.78 and a beta of 1.90. The company has a quick ratio of 1.34, a current ratio of 1.72 and a debt-to-equity ratio of 1.13.

Agiliti (NYSE:AGTI) last posted its earnings results on Tuesday, March 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $291.99 million for 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%. Equities analysts forecast that Agiliti will post 0.49 earnings per share for the current year.

About Agiliti

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.