Nothing is Better Than Agiliti Inc. (AGTI) stock at the moment

Agiliti Inc. (NYSE: AGTI) stock jumped 0.26% on Friday to $7.79 against a previous-day closing price of $7.77. With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.36 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $7.91 whereas the lowest price it dropped to was $7.48. The 52-week range on AGTI shows that it touched its highest point at $20.17 and its lowest point at $7.72 during that stretch. It currently has a 1-year price target of $14.00. Beta for the stock currently stands at 1.35.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AGTI was down-trending over the past week, with a drop of -2.99%, but this was down by -23.70% over a month. Three-month performance dropped to -55.69% while six-month performance fell -47.54%. The stock lost -54.92% in the past year, while it has lost -52.24% so far this year. A look at the trailing 12-month EPS for AGTI yields 0.03 with Next year EPS estimates of 0.59. For the next quarter, that number is 0.10. This implies an EPS growth rate of 16.90% for this year and 15.26% for next year.

Float and Shares Shorts:

At present, 134.66 million AGTI shares are outstanding with a float of 35.27 million shares on hand for trading. On Aug 30, 2023, short shares totaled 2.09 million, which was 1.54% higher than short shares on Jul 30, 2023. In addition to Mr. Thomas W. Boehning as the firm’s CEO, Pres & Director, Mr. James B. Pekarek serves as its Exec. VP & CFO.

Institutional Ownership:

Through their ownership of 105.01% of AGTI’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 74.19% of AGTI, in contrast to 6.77% held by mutual funds. Shares owned by individuals account for 23.41%. As the largest shareholder in AGTI with 3.53% of the stake, BlackRock Fund Advisors holds 4,768,224 shares worth 4,768,224. A second-largest stockholder of AGTI, JPMorgan Investment Management, I, holds 4,718,003 shares, controlling over 3.49% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in AGTI, holding 3,632,884 shares or 2.69% stake. With a 2.54% stake in AGTI, the JPMorgan Small Cap Equity Fund is the largest stakeholder. A total of 3,427,594 shares are owned by the mutual fund manager. The Janus Henderson Triton Fund, which owns about 2.49% of AGTI stock, is the second-largest Mutual Fund holder. It holds 3,368,406 shares valued at 32.51 million. Calvert Small Cap Fund holds 2.29% of the stake in AGTI, owning 3,096,343 shares worth 29.88 million.


An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, AGTI reported revenue of $273.98M and operating income of $16.04M. The EBITDA in the recently reported quarter was $63.72M and diluted EPS was $0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGTI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AGTI analysts setting a high price target of $16.00 and a low target of $10.00, the average target price over the next 12 months is $12.50. Based on these targets, AGTI could surge 105.39% to reach the target high and rise by 28.37% to reach the target low. Reaching the average price target will result in a growth of 60.46% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded AGTI stock several times over the past three months with 2 Buys and 9 Sells. In these transactions, 110,232 shares were bought while 139,195 shares were sold. The number of buy transactions has increased to 37 while that of sell transactions has risen to 50 over the past year. The total number of shares bought during that period was 794,699 while 675,374 shares were sold.

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