AGNC Investment Corp. (NASDAQ:AGNC) saw an upside of 0.32% to close Monday at $9.51 after adding $0.03 on the day. The 5-day average trading volume is 11,935,520 shares of the company’s common stock. It has gained $9.67 in the past week and touched a new high 1 time within the past 5 days. An average of 12,090,250 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 10,648,592.
AGNC’s 1-month performance is -5.84% or -$0.59 on its low of $9.35 reached on 08/18/23. The company’s shares have touched a 52-week low of $7.30 and high of $12.65, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, AGNC has lost -8.12% or -$0.84 and has reached a new high 13 times. However, the current price is down -24.85% from the 52-week high price.
Insider Transactions
AGNC stock investors last saw insider trading activity on Jul 27.Larocca Prue (Director) most recently sold 12,000 shares at $9.07 per share on May 16. This transaction cost the insider $108,840. Director, Executive Chair, Kain Gary D, sold 350,000 shares at a price of $9.30 on May 10. Then, on May 10, Director, Executive Chair Kain Gary D sold 150,000 shares at a price of $9.30 per share. This transaction amounted to $1,395,300.
Valuation Metrics
AGNC stock has a beta of 1.23. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.59 while the price-to-book (PB) in the most recent quarter is 0.91, with the price to cash flow ratio at 20.16.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.01, while the total debt to equity was 6.75. In terms of profitability, the gross margin trailing 12 months is 6.70%.
Earnings Surprise
For the quarterly period ending June 29 this year, Analysts expected AGNC to announce $0.63 per share in earnings in its latest quarter, but it posted $0.67, representing a 6.30% surprise. Shareholders hold equity totaling $606.08 million.
Let’s look briefly at AGNC Investment Corp. (AGNC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 31.22% to suggest the stock is trending Neutral, with historical volatility in this time period at 9.41%.
The stock’s 5-day moving average is $9.52, reflecting a -1.76% or -$0.17 change from its current price. AGNC is currently trading -7.31% above its 20-day SMA, -3.55% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -2.26% and SMA200 by+15.69%.
Stochastic %K and %D was 13.62% and 8.41% and the average true range (ATR) pointed at 0.19. The RSI (14) points at 36.73%, while the 14-day stochastic is at 21.92% with the period’s ATR at 0.20. The stock’s 9-day MACD Oscillator is pointing at -0.20 and -0.29 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for AGNC Investment Corp. (NASDAQ: AGNC), JP Morgan upgraded it to an Overweight rating. They previously had a Neutral rating on the stock. Analysts offering their rating for AGNC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate AGNC as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.
What is AGNC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $9.50 and a high of $11.25, with their median price target at $10.50. Looking at these predictions, the average price target given by analysts is for AGNC Investment Corp. (AGNC) stock is $10.53.
