AGTI Stock Summary and Trading Ideas (Agiliti | NYSE:AGTI)

Agiliti Inc is a provider of end-to-end healthcare technology management and service solutions to the United States healthcare industry. The services provided by the company include Clinical engineering, Equipment rental, Imaging services, and Onsite Management among others. Geographically, it operates only in the United States.

Agiliti trades on the NYSE stock market under the symbol AGTI.

As of May 2, 2024, AGTI stock price declined to $10.06 with 8,442,384 million shares trading.

AGTI has a beta of 1.84, meaning it tends to be more sensitive to market movements. AGTI has a correlation of 0.12 to the broad based SPY ETF.

AGTI has a market cap of $1.37 billion. This is considered a Small Cap stock.

Last quarter Agiliti reported $292 million in Revenue and $.13 earnings per share. This beat revenue expectation by $576,000 and exceeded earnings estimates by $.02.

In the last 3 years, AGTI stock traded as high as $26.36 and as low as $5.07.

The top ETF exchange traded funds that AGTI belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

AGTI has underperformed the market in the last year with a price return of -38.8% while the SPY ETF gained +23.2%. However, in the short term, AGTI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +42.1% vs +3.6% return in SPY. But in the last 2 weeks, AGTI shares have been beat by the market, returning +0.3% compared to an SPY return of +0.9%.

AGTI support price is $10.05 and resistance is $10.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGTI stock will trade within this expected range on the day.