Agilent Technologies (NYSE:A) updated its fourth quarter 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.84-0.86 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.87. The company issued revenue guidance of $1.31-1.33 billion, compared to the consensus revenue estimate of $1.34 billion.Agilent Technologies also updated its FY 2019 guidance to $3.07-3.09 EPS.
A number of research firms have issued reports on A. Wolfe Research began coverage on shares of Agilent Technologies in a research note on Thursday, May 30th. They set a peer perform rating for the company. ValuEngine lowered shares of Agilent Technologies from a buy rating to a hold rating in a research note on Friday, July 12th. Bank of America lowered shares of Agilent Technologies from a buy rating to a neutral rating and set a $76.00 target price for the company. in a research note on Tuesday, July 16th. Zacks Investment Research lowered shares of Agilent Technologies from a hold rating to a sell rating and set a $71.00 target price for the company. in a research note on Tuesday, July 16th. Finally, Barclays lowered shares of Agilent Technologies from an overweight rating to an equal weight rating and reduced their target price for the company from $86.00 to $78.00 in a research note on Monday, July 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. Agilent Technologies has a consensus rating of Buy and a consensus price target of $83.92.
Shares of A stock traded down $2.05 during midday trading on Wednesday, reaching $65.59. 3,508,500 shares of the company were exchanged, compared to its average volume of 2,303,427. Agilent Technologies has a 12 month low of $61.01 and a 12 month high of $82.27. The stock has a market capitalization of $21.47 billion, a P/E ratio of 23.61, a P/E/G ratio of 1.91 and a beta of 1.41. The business has a 50 day simple moving average of $70.99. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.82 and a current ratio of 3.41.
Agilent Technologies (NYSE:A) last released its quarterly earnings results on Tuesday, May 14th. The medical research company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). Agilent Technologies had a return on equity of 19.71% and a net margin of 22.25%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the firm posted $0.65 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities research analysts predict that Agilent Technologies will post 3.05 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 24th. Shareholders of record on Tuesday, July 2nd were given a dividend of $0.164 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.00%. Agilent Technologies’s dividend payout ratio (DPR) is 23.66%.
Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates through three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; laboratory software and information management and analytics; laboratory automation and robotic systems; dissolution testing; vacuum pumps; and measurement technologies.
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