Agilent Technologies Inc. (NYSE:A) saw a downside of -1.03% to close Tuesday at $117.64 after subtracting -$1.22 on the day. The 5-day average trading volume is 2,208,960 shares of the company’s common stock. It has gained $123.65 in the past week and touched a new high 1 time within the past 5 days. An average of 2,097,440 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,034,830.
A’s 1-month performance is -7.89% or -$9.98 on its low of $117.33 reached on 08/22/23. The company’s shares have touched a 52-week low of $113.28 and high of $160.26, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, A has lost -21.39% or -$32.01 and has reached a new high 6 times. However, the current price is down -26.60% from the 52-week high price.
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Insider Transactions
A stock investors last saw insider trading activity on Jul 27.McMullen Michael R. (CEO and President) most recently sold 944 shares at $130.00 per share on Jul 27. This transaction cost the insider $122,720. Sr Vice President, Ancher-Jensen Henrik, sold 29,500 shares at a price of $155.78 on Dec 14. Then, on Dec 13, Senior Vice President Grau Dominique sold 4,000 shares at a price of $159.20 per share. This transaction amounted to $636,800.
Valuation Metrics
A stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.99 while the price-to-book (PB) in the most recent quarter is 6.02, with the price to cash flow ratio at 32.92.
Agilent Technologies Inc.’s quick ratio for the period ended July 30 was 1.70, with the current ratio over the same period at 2.40. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.47, while the total debt to equity was 0.47.. In terms of profitability, the gross margin trailing 12 months is 50.90%. The trailing 12-month EBITDA margin is 27.73% while for the period ending July 30, Agilent Technologies Inc.’s operating margin was 23.80%. The firm’s gross profit as reported stood at $3.72 billion against revenue of $6.85 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 9.27% to $302.0 million, while revenue of $352.0 million was -16.56% off the previous quarter. Analysts expected A to announce $1.36 per share in earnings in its latest quarter, but it posted $1.43, representing a 5.10% surprise. A stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 5.12 billion, with total debt at $2.79 billion.
Let’s look briefly at Agilent Technologies Inc. (A) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 25.18% to suggest the stock is trending oversold, with historical volatility in this time period at 13.89%.
The stock’s 5-day moving average is $119.59, reflecting a -6.37% or -$8.01 change from its current price. A is currently trading -7.60% above its 20-day SMA, -12.11% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.60% and SMA200 by-13.03%.
Stochastic %K and %D was 4.59% and 5.26% and the average true range (ATR) pointed at 2.62. The RSI (14) points at 34.46%, while the 14-day stochastic is at 2.45% with the period’s ATR at 2.76. The stock’s 9-day MACD Oscillator is pointing at -4.17 and -5.60 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Agilent Technologies Inc. (NYSE: A), Evercore ISI downgraded it to an In-line rating. They previously had an Outperform rating on the stock. Analysts offering their rating for A stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate A as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 10 have offered a “buy” rating.
