Agilent Technologies Inc. (NYSE:A) finished Wednesday with an addition of $0.58 to close at $128.21, an upside of 0.45 percent. An average of 1,640,773 shares of common stock have been traded in the last five days. There was a gain of $3.15 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,069,753 shares traded, while the 50-day average volume stands at 2,156,309.
A stock has increased by 6.84% in the last month. The company shares reached their 1-month lowest point of $117.64 on 07/11/23. With the stock rallying to its 52-week high on 01/23/23, shares of the company touched a low of $113.28 and a high of $160.26 in 52 weeks. It has reached a new high 6 times so far this year and lost -14.33% or -$21.45 in price. In spite of this, the price is down -20.00% from the 52-week high.
Insider Transactions
A stock investors should be aware that Agilent Technologies Inc. (A) stock had its last reported insider trading activity 14 days ago on Jul 27. In this transaction, the insider spent $122,720. Sr Vice President, Ancher-Jensen Henrik, disposed of 29,500 shares at a price of $155.78 on Dec 14. The insider now owns more than $4,595,510 worth of shares. Prior to that, Senior Vice President Grau Dominique went on to Sale 4,000 shares at $159.20 each on Dec 13. An amount of $636,800 was transacted.
Valuation Metrics
Agilent Technologies Inc. (A) has a trailing price-to-earnings (P/E) ratio of 28.23. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.33, the price-to-book (PB) ratio at 6.56, and the price-to-cash flow ratio at 40.49.
The company has a payout ratio of 18.80%. The company’s most recent quarterly dividend payment was $0.2250 a share, without any change from last year. Its latest increase dividend $0.0150 reported on Wednesday November 16 2022.
Financial Health
The quick ratio of Agilent Technologies Inc. for the three months ended April 29 was 1.70, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.47 and a total debt to equity ratio of 0.47 for the quarter ending April 29. Agilent Technologies Inc.’s EBITDA margin for the year ending April 29 is 27.73%, while its operating margin for the same period stands at 24.00%. Its gross profit as reported stood at $3.72 billion compared to revenue of $6.85 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Agilent Technologies Inc.’s return on assets was 12.60%.
Earnings Surprise
For the three-month period that ended April 29, Agilent Technologies Inc. had $2.73 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $302.0 million in the quarter, while revenues were grew 9.27%. The analyst consensus anticipated Agilent Technologies Inc.’s latest quarter earnings to come in at $1.26 per share, but it turned out to be $1.27, a 0.80% surprise. For the quarter, EBITDA amounted to $454.0 million. At the end of the quarter ending April 29, Agilent Technologies Inc.’s stock balance sheet showed total liabilities of 5.01 billion. Shareholders own equity worth $295.38 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Agilent Technologies Inc. (A) price momentum. RSI 9-day as of the close on 09 August was 61.07%, suggesting the stock is Neutral, with historical volatility in this time frame at 32.36%.
As of today, A’s price is $127.40 +2.52% or $3.15 from its 5-day moving average. A is currently trading +7.42% higher than its 20-day SMA and -3.74% lower than its 100-day SMA. However, the stock’s current price level is +8.89% above the SMA50 and -1.29% below the SMA200.
The stochastic %K and %D were 79.66% and 75.55%, respectively, and the average true range (ATR) was 3.15. With the 14-day stochastic at 81.13% and the average true range at 3.12, the RSI (14) stands at 59.60%. The stock has reached 2.06 on the 9-day MACD Oscillator while the 14-day reading was at 1.62.
Analyst Ratings
Evercore ISI downgraded Agilent Technologies Inc. (NYSE: A) to a an In-line rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Agilent Technologies Inc. (A) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell A, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 10 others rate it as a “buy”.
What is A’s price target for the next 12 months?
Analysts predict a range of price targets between $115.00 and $163.00, with a median target of $142.50. Taking a look at these predictions, the average price target given by analysts for Agilent Technologies Inc. (A) stock is $141.14.
