Agilent Technologies, Inc. (A) Set to Announce Quarterly Earnings on Tuesday
Agilent Technologies, Inc. (NYSE:A) will issue its quarterly earnings data after the market closes on Tuesday, August 15th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Agilent Technologies has set its Q3 guidance at $0.49-0.51 EPS and its FY17 guidance at $2.15-2.21 EPS.
Agilent Technologies (NYSE:A) last posted its quarterly earnings data on Monday, May 22nd. The medical research company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.48 by $0.10. Agilent Technologies had a return on equity of 16.49% and a net margin of 13.41%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. Agilent Technologies’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, analysts expect Agilent Technologies to post $2.23 EPS for the current fiscal year and $2.53 EPS for the next fiscal year.
Agilent Technologies, Inc. (NYSE:A) opened at 60.87 on Tuesday. The stock has a market cap of $19.56 billion, a P/E ratio of 34.22 and a beta of 1.30. Agilent Technologies, Inc. has a 1-year low of $42.92 and a 1-year high of $61.84. The company has a 50-day moving average price of $60.08 and a 200 day moving average price of $55.15.
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. Shareholders of record on Monday, July 3rd were given a $0.132 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Thursday, June 29th. Agilent Technologies’s dividend payout ratio (DPR) is presently 29.78%.
A number of equities research analysts have commented on A shares. Robert W. Baird lifted their target price on shares of Agilent Technologies from $57.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 24th. Morgan Stanley lifted their price target on shares of Agilent Technologies from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 24th. Zacks Investment Research upgraded shares of Agilent Technologies from a “hold” rating to a “buy” rating and set a $63.00 price target on the stock in a research note on Tuesday, May 16th. BidaskClub cut shares of Agilent Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Finally, Barclays PLC reiterated a “buy” rating and set a $67.00 price target on shares of Agilent Technologies in a research note on Wednesday, July 19th. Two equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $60.12.
In other Agilent Technologies news, CEO Michael R. Mcmullen sold 50,000 shares of the business’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $59.86, for a total value of $2,993,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Patrick Kaltenbach sold 5,000 shares of the business’s stock in a transaction on Thursday, July 13th. The stock was sold at an average price of $61.26, for a total transaction of $306,300.00. Following the completion of the sale, the insider now owns 45,138 shares in the company, valued at approximately $2,765,153.88. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,608 shares of company stock worth $6,737,509.
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Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company serves the life sciences, diagnostics and applied chemical markets. It has three business segments: life sciences and applied markets business, diagnostics and genomics business, and Agilent CrossLab business.
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