Wall Street analysts expect Agilent Technologies (NYSE:A) to post earnings per share (EPS) of $0.65 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Agilent Technologies’ earnings. The lowest EPS estimate is $0.62 and the highest is $0.73. Agilent Technologies reported earnings per share of $0.58 during the same quarter last year, which would suggest a positive year over year growth rate of 12.1%. The company is scheduled to announce its next quarterly earnings results on Monday, May 28th.
According to Zacks, analysts expect that Agilent Technologies will report full-year earnings of $2.71 per share for the current fiscal year, with EPS estimates ranging from $2.65 to $2.93. For the next fiscal year, analysts anticipate that the firm will report earnings of $3.00 per share, with EPS estimates ranging from $2.87 to $3.30. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Agilent Technologies.
Agilent Technologies (NYSE:A) last announced its quarterly earnings data on Wednesday, February 14th. The medical research company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.08. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.16 billion. Agilent Technologies had a net margin of 4.25% and a return on equity of 17.70%. During the same quarter last year, the firm earned $0.53 earnings per share.
A number of research firms have recently issued reports on A. Morgan Stanley reduced their price target on shares of Agilent Technologies from $95.00 to $91.00 and set an “overweight” rating for the company in a research report on Wednesday, April 11th. Goldman Sachs upgraded shares of Agilent Technologies from a “neutral” rating to a “buy” rating in a research report on Monday, April 9th. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Wednesday, April 4th. ValuEngine downgraded shares of Agilent Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Finally, JPMorgan Chase lifted their price target on shares of Agilent Technologies from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Thursday, February 15th. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $72.20.
In other Agilent Technologies news, CEO Michael R. Mcmullen sold 21,850 shares of Agilent Technologies stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $75.00, for a total value of $1,638,750.00. Following the completion of the sale, the chief executive officer now directly owns 324,687 shares of the company’s stock, valued at approximately $24,351,525. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Heidi Fields sold 5,000 shares of Agilent Technologies stock in a transaction that occurred on Tuesday, March 27th. The stock was sold at an average price of $68.09, for a total transaction of $340,450.00. Following the completion of the sale, the director now directly owns 57,563 shares of the company’s stock, valued at $3,919,464.67. The disclosure for this sale can be found here. Insiders have sold a total of 44,550 shares of company stock valued at $3,225,202 over the last 90 days.
A number of hedge funds have recently added to or reduced their stakes in A. Front Row Advisors LLC purchased a new stake in Agilent Technologies in the 4th quarter worth approximately $106,000. Compagnie Lombard Odier SCmA purchased a new stake in Agilent Technologies in the 4th quarter worth approximately $126,000. AMG National Trust Bank purchased a new stake in Agilent Technologies in the 4th quarter worth approximately $201,000. Premia Global Advisors LLC purchased a new stake in Agilent Technologies in the 4th quarter worth approximately $204,000. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Agilent Technologies in the 3rd quarter worth approximately $213,000.
A stock opened at $67.97 on Tuesday. Agilent Technologies has a 12-month low of $52.79 and a 12-month high of $75.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.23 and a quick ratio of 2.78. The company has a market cap of $22,428.21, a PE ratio of 28.80, a P/E/G ratio of 2.39 and a beta of 1.31.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Tuesday, April 3rd will be given a dividend of $0.149 per share. The ex-dividend date is Monday, April 2nd. This represents a $0.60 annualized dividend and a dividend yield of 0.88%. Agilent Technologies’s dividend payout ratio is currently 25.42%.
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Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.
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