Zacks: Analysts Anticipate Agility, Inc. (NYSE: AGTI) Will Post Quarterly Sales of $ 290.09 Million


Wall Street analysts forecast that Agility, Inc. (NYSE: AGTI – Get Rating) will report $ 290.09 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Agiliti’s earnings. The highest sales estimate is $ 298.95 million and the lowest is $ 281.80 million. Agility reported sales of $ 250.54 million during the same quarter last year, which indicates a positive year-over-year growth rate of 15.8%. The firm is scheduled to report its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Agility will report full year sales of $ 1.18 billion for the current year, with estimates ranging from $ 1.17 billion to $ 1.19 billion. For the next fiscal year, analysts anticipate that the business will report sales of $ 1.28 billion, with estimates ranging from $ 1.26 billion to $ 1.29 billion. Zacks’ sales averages are an average based on a survey of research analysts that provide coverage for Agility.

Agiliti (NYSE: AGTI – Get Rating) last announced its earnings results on Tuesday, May 10th. The company reported $ 0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $ 0.21 by $ 0.08. Agility had a net margin of 3.13% and a return on equity of 14.08%. During the same quarter in the previous year, the business posted $ 0.28 EPS.

A number of equities analysts have commented on the stock. Morgan Stanley dropped their target price on shares of Agility from $ 30.00 to $ 24.00 and set an “overweight” rating on the stock in a research note on Thursday, March 10th. Raymond James dropped their price objective on shares of Agility from $ 30.00 to $ 25.00 and set an “outperform” rating on the stock in a research note on Friday, March 11th. BMO Capital Markets increased their target price on shares of Agility from $ 22.00 to $ 28.00 and gave the company an “outperform” rating in a research report on Wednesday, April 6th. Citigroup decreased their target price on shares of Agiliti from $ 28.00 to $ 25.00 and set a “buy” rating for the company in a research report on Wednesday, March 9th. Finally, Zacks Investment Research raised shares of Agility from a “sell” rating to a “hold” rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $ 23.00.

Agility stock opened at $ 18.52 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.72 and a quick ratio of 1.45. Agility has a 1-year low of $ 13.56 and a 1-year high of $ 26.36. The firm has a market capitalization of $ 2.43 billion and a P / E ratio of 77.17. The company’s 50-day moving average is $ 20.07 and its 200 day moving average is $ 20.47.

In other news, CFO James B. Pekarek sold 20,000 shares of Agility stock in a transaction dated Monday, March 14th. The shares were sold at an average price of $ 16.79, for a total value of $ 335,800.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Thomas J. Leonard sold 30,000 shares of the business’s stock in a transaction dated Thursday, March 10th. The stock was sold at an average price of $ 18.04, for a total transaction of $ 541,200.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 152,489 shares of company stock worth $ 2,859,488. 4.16% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in Agility by 31.8% during the third quarter. Royal Bank of Canada now owns 2,829 shares of the company’s stock worth $ 53,000 after purchasing an additional 682 shares during the period. Deutsche Bank AG raised its stake in shares of Agiliti by 5.3% in the 4th quarter. Deutsche Bank AG now owns 15,232 shares of the company’s stock valued at $ 353,000 after acquiring an additional 764 shares during the period. First Quadrant LLC CA purchased a new stake in shares of Agility in the 1st quarter valued at approximately $ 38,000. Alliancebernstein LP raised its stake in shares of Agility by 9.7% in the 4th quarter. Alliancebernstein LP now owns 22,600 shares of the company’s stock valued at $ 523,000 after acquiring an additional 2,000 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Agility by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 185,644 shares of the company’s stock valued at $ 4,300,000 after acquiring an additional 2,538 shares during the period. Hedge funds and other institutional investors own 99.27% ​​of the company’s stock.

About Agility (Get Rating)

Agiliti, Inc provides healthcare technology management and service solutions to the healthcare industry in the United States. The company offers onsite managed services, including programs for 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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