As of Friday close, Agilent Technologies Inc.’s (NYSE:A) stock was up $1.68, moving up 1.53 percent to $111.41. The average number of shares traded per day over the past five days has been 1,832,740 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.50 fall in that time frame. In the last twenty days, the average volume was 1,927,750, while in the previous 50 days, it was 2,007,462.
Since last month, A stock retreated -6.48%. Shares of the company fell to $109.00 on 09/13/23, the lowest level in the past month. A 52-week high of $160.26 was reached on 01/23/23 after having rallying from a 52-week low of $109.00. Since the beginning of this year, A’s stock price has dropped by -25.55% or -$38.24, and marked a new high 6 times. However, the stock has declined by -30.48% since its 52-week high.
A stock investors should be aware that Agilent Technologies Inc. (A) stock had its last reported insider trading activity 31 days ago on Aug 23. Gonsalves Rodney, the V.P., Corporate Controller of the company, disposed of 3,500 shares for $118.78 on Aug 23. It resulted in a $415,716 divestment by the insider. McMullen Michael R. sold 944 shares at an average price of $130.00 on Jul 27. The insider now owns 260,869 shares following the transaction. On Dec 14, Sr Vice President Ancher-Jensen Henrik sold 29,500 shares at $155.78 apiece. The transaction was valued at $4,595,510.
Valuation Metrics
Right now, Agilent Technologies Inc. (A) has a P/E ratio of about 29.19. The stock’s beta is 1.04. Besides these, the trailing price-to-sales (P/S) ratio of 4.62, the price-to-book (PB) ratio of 5.89, and the price-to-cash flow ratio of 22.75 may also be considered.
The latest dividend of $0.2250 per share was paid out, remained unchanged from last year’s $0.2250.
Financial Health
In the three months ended July 30, Agilent Technologies Inc.’s quick ratio stood at 1.70, while its current ratio was 2.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending July 30 was 0.49, and the total debt-to-equity ratio was 0.50. On the profitability front, the trailing twelve-month gross margin is 50.90% percent. In the year ended July 30, EBITDA margin amounted to 27.73%, whereas operating margins totaled 20.20%. Based on annual data, A earned $3.72 billion in gross profit and brought in $6.85 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 16.90%. Return on equity (ROE) for the past 12 months was 20.40%.
In Agilent Technologies Inc.’s quarter-end financial report for July 30, it reported total debt of $2.73 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. A’s revenue fell -2.75% to $1.72 billion during the quarter, while net income inched up to $1.67 billion. While analysts expected Agilent Technologies Inc. to report $1.36 quarterly earnings, the actual figure was $1.43 per share, beating the consensus estimate by 5.10%. During the quarter, the company generated $204.0 million in EBITDA. The liabilities of Agilent Technologies Inc. were 5.12 billion at the end of its most recent quarter ended July 30, and its total debt was $2.97 billion. The value of shareholders’ equity is $292.59 million.
Technical Picture
This quick technical analysis looks at Agilent Technologies Inc.’s (A) price momentum. With a historical volatility rate of 23.04%, the RSI 9-day stood at 34.90% on 22 September.
With respect to its five-day moving average, the current Agilent Technologies Inc. price is down by -3.88% percent or -$4.50. At present, A shares trade -6.76% below its 20-day simple moving average and -18.13% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.65% below its SMA50 and -27.04% below its SMA200.
Stochastic coefficient K was 15.47% and Stochastic coefficient D was 18.77%, while ATR was 3.04. Given the Stochastic reading of 17.80% for the 14-day period, the RSI (14) reading has been calculated as 35.53%. As of today, the MACD Oscillator reading stands at -1.64, while the 14-day reading stands at -2.77.
Analyst Ratings
Agilent Technologies Inc. downgraded its rating on Agilent Technologies Inc. (NYSE: A) to an In-line in a note to investors on July 31, 2023. The analysts firm previously had an Outperform rating on the stock.Agilent Technologies Inc. (A) has been rated Overweight by analysts. According to 1 brokerage firm, A is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Agilent Technologies Inc. stock as buy, with 9 recommending it as overweight.
With a median target price of $140.00, the current consensus forecast for the stock is $110.00 – $163.00. Based on these forecasts, analysts predict Agilent Technologies Inc. (A) will achieve an average price target of $138.71.
