Agilent Technologies (A) Releases Quarterly Earnings, Misses Expectations By $0.01 EPS
Agilent Technologies (NYSE:A) announced its earnings results on Wednesday. The company reported $0.72 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.73 by $0.01, American Banking News reports. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.73 billion.
Agilent Technologies (NYSE:A) traded down 1.72% during mid-day trading on Wednesday, hitting $55.85. 2,550,878 shares of the company’s stock traded hands. Agilent Technologies has a 52-week low of $41.85 and a 52-week high of $61.22. The stock’s 50-day moving average is $54.86 and its 200-day moving average is $55.71. The company has a market cap of $18.622 billion and a P/E ratio of 26.19.
A number of research firms have recently commented on A. Analysts at Zacks reiterated a “neutral” rating on shares of Agilent Technologies in a research note on Wednesday. They now have a $60.00 price target on the stock. On a related note, analysts at Jefferies Group reiterated a “buy” rating on shares of Agilent Technologies in a research note on Monday. They now have a $66.00 price target on the stock, down previously from $67.00. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $60.38.
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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