Insurance: Amerigroup

Amerigroup

AMERIGROUP (NYSE: AGP) was upgraded by equities researchers at Monness, Crespi, Hardt from a “neutral” rating to a “buy” rating in a report issued on Friday.Shares of AMERIGROUP traded up 2.70% during mid-day trading on Friday, hitting $61.90. AMERIGROUP has a 52 week low of $37.57 and a 52 week high of $75.74. The company has a market cap of $3.002 billion and a P/E ratio of 19.54.AMERIGROUP last announced its earnings results on Wednesday, May 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.07. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. On average, analysts predict that AMERIGROUP will post $1.38 earnings per share next quarter.

Amerigroup