Agilent Technologies (NYSE:A) updated its FY19 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $3.00-3.05 for the period, compared to the Thomson Reuters consensus estimate of $2.97. The company issued revenue guidance of $5.13-5.17 billion, compared to the consensus revenue estimate of $5.19 billion.Agilent Technologies also updated its FY 2019 guidance to $3.00-3.05 EPS.
A number of research analysts have recently weighed in on the company. ValuEngine raised Agilent Technologies from a hold rating to a buy rating in a research note on Thursday, September 13th. Cleveland Research downgraded Agilent Technologies from a buy rating to a neutral rating in a research note on Monday, November 12th. Deutsche Bank increased their price target on Agilent Technologies from $77.00 to $80.00 and gave the company a buy rating in a research note on Wednesday, August 15th. Goldman Sachs Group raised Agilent Technologies from a buy rating to a conviction-buy rating in a research note on Monday, September 17th. Finally, Zacks Investment Research downgraded Agilent Technologies from a buy rating to a hold rating in a research note on Tuesday, October 16th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $77.44.
Shares of A traded down $2.38 during trading hours on Monday, reaching $62.61. The stock had a trading volume of 3,390,980 shares, compared to its average volume of 2,569,233. The company has a quick ratio of 3.00, a current ratio of 3.62 and a debt-to-equity ratio of 0.39. Agilent Technologies has a 52 week low of $60.42 and a 52 week high of $75.00. The stock has a market cap of $20.72 billion, a P/E ratio of 26.53, a P/E/G ratio of 2.03 and a beta of 1.35.
Agilent Technologies (NYSE:A) last released its quarterly earnings data on Monday, November 19th. The medical research company reported $0.81 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.07. Agilent Technologies had a net margin of 6.20% and a return on equity of 18.61%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. On average, equities research analysts expect that Agilent Technologies will post 2.71 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 23rd. Investors of record on Monday, December 31st will be given a $0.164 dividend. The ex-dividend date is Friday, December 28th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.05%. This is a boost from Agilent Technologies’s previous quarterly dividend of $0.15. Agilent Technologies’s dividend payout ratio is currently 25.42%.
In other Agilent Technologies news, Director Paul N. Clark sold 2,876 shares of the stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of $68.60, for a total transaction of $197,293.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Heidi Fields sold 5,482 shares of the stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $67.73, for a total value of $371,295.86. The disclosure for this sale can be found here.
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Agilent Technologies Company Profile
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates in 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; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.
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