Agiliti Inc. (NYSE:AGTI) saw an upside of 1.59% to close Friday at $10.25 after adding $0.16 on the day. The 5-day average trading volume is 638,700 shares of the company’s common stock. It has gained $12.65 in the past week and touched a new high 1 time within the past 5 days. An average of 358,280 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 255,706.
AGTI’s 1-month performance is -37.95% or -$6.16 on its low of $10.00 reached on 08/18/23. The company’s shares have touched a 52-week low of $10.07 and high of $20.17, with the stock’s rally to the 52-week high happening on 02/23/23. YTD, AGTI has lost -37.16% or -$6.06 and has reached a new high 13 times. However, the current price is down -49.18% from the 52-week high price.
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Insider Transactions
AGTI stock investors last saw insider trading activity on Aug 16.Leonard Thomas J (Director) most recently sold 27,558 shares at $10.53 per share on Aug 16. This transaction cost the insider $290,158. Director, Leonard Thomas J, sold 15,000 shares at a price of $11.16 on Aug 15. Then, on Aug 04, EVP & CFO Pekarek James B sold 13,823 shares at a price of $17.05 per share. This transaction amounted to $235,655.
Valuation Metrics
AGTI stock has a beta of 1.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.19 while the price-to-book (PB) in the most recent quarter is 1.45, with the price to cash flow ratio at 15.48.
Agiliti Inc.’s quick ratio for the period ended June 29 was 1.40, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.13, while the total debt to equity was 1.15. In terms of profitability, the gross margin trailing 12 months is 36.50%. The trailing 12-month EBITDA margin is 24.29% while for the period ending June 29, Agiliti Inc.’s operating margin was 5.30%. The firm’s gross profit as reported stood at $430.97 million against revenue of $1.12 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 224.07% to -$4.03 million, while revenue of $3.01 million was 174.69% off the previous quarter. Analysts expected AGTI to announce $0.15 per share in earnings in its latest quarter, but it posted $0.14, representing a -6.70% surprise. EBITDA for the quarter stood at more than $61.1 million. AGTI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.47 billion, with total debt at $1.19 billion. Shareholders hold equity totaling $135.06 million.
Let’s look briefly at Agiliti Inc. (AGTI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 18.42% to suggest the stock is trending oversold, with historical volatility in this time period at 161.37%.
The stock’s 5-day moving average is $10.68, reflecting a -20.17% or -$2.59 change from its current price. AGTI is currently trading -38.66% above its 20-day SMA, -36.88% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -42.93% and SMA200 by-41.33%.
Stochastic %K and %D was 1.36% and 3.38% and the average true range (ATR) pointed at 1.04. The RSI (14) points at 22.36%, while the 14-day stochastic is at 3.29% with the period’s ATR at 0.97. The stock’s 9-day MACD Oscillator is pointing at -1.79 and -3.62 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Agiliti Inc. (NYSE: AGTI), Citigroup downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for AGTI stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate AGTI as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is AGTI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $13.00 and a high of $20.00, with their median price target at $16.00. Looking at these predictions, the average price target given by analysts is for Agiliti Inc. (AGTI) stock is $16.40.
