Agilent Technologies Target of Unusually High Options Trading (A)
Agilent Technologies (NYSE:A) was the target of unusually large options trading on Friday. Traders bought 5,683 put options on the stock, Stock Ratings Network reports. This represents an increase of approximately 829% compared to the average daily volume of 612 put options.
A has been the subject of a number of recent research reports. Analysts at Jefferies Group cut their EPS estimates on shares of Agilent Technologies in a research note on Friday. They now have a “buy” rating and a $66.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Agilent Technologies in a research note on Friday. They now have a $63.00 price target on the stock. Finally, analysts at Leerink Swann raised their price target on shares of Agilent Technologies from $59.00 to $68.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $59.07.
Agilent Technologies (NYSE:A) traded up 0.59% during mid-day trading on Friday, hitting $60.08. 707,145 shares of the company’s stock traded hands. Agilent Technologies has a 52 week low of $40.19 and a 52 week high of $61.22. The stock’s 50-day moving average is $58.43 and its 200-day moving average is $52.53. The company has a market cap of $19.935 billion and a price-to-earnings ratio of 28.44.
Agilent Technologies (NYSE:A) last announced its earnings results on Thursday, February 13th. The company reported $0.67 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.01. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts predict that Agilent Technologies will post $3.19 earnings per share for the current fiscal year.
Agilent Technologies, Inc (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries.
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