Agilent Technologies Inc. (A) Given a $51.00 Price Target at Bank of America Corp.
Other equities analysts have also issued research reports about the stock. Goldman Sachs Group Inc. reissued a buy rating and issued a $50.00 price target on shares of Agilent Technologies in a report on Thursday, August 18th. Evercore ISI boosted their price target on shares of Agilent Technologies from $50.00 to $53.00 and gave the company a buy rating in a report on Thursday, August 18th. Zacks Investment Research raised shares of Agilent Technologies from a hold rating to a buy rating and set a $53.00 price target for the company in a report on Monday, August 22nd. BTIG Research reissued a buy rating and issued a $55.00 price target on shares of Agilent Technologies in a report on Thursday, August 18th. Finally, Morgan Stanley set a $47.00 price target on shares of Agilent Technologies and gave the company a hold rating in a report on Thursday, August 18th. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of $48.89.
Agilent Technologies (NYSE:A) traded up 1.44% during trading on Friday, reaching $48.06. The company’s stock had a trading volume of 631,583 shares. Agilent Technologies has a 52 week low of $34.15 and a 52 week high of $48.63. The company has a market cap of $15.59 billion, a P/E ratio of 33.33 and a beta of 1.35. The company’s 50 day moving average price is $46.61 and its 200 day moving average price is $44.72.
Agilent Technologies (NYSE:A) last announced its quarterly earnings results on Wednesday, August 17th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Agilent Technologies had a net margin of 11.59% and a return on equity of 14.97%. The company earned $1.04 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the business earned $0.44 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts anticipate that Agilent Technologies will post $1.91 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 26th. Shareholders of record on Tuesday, October 4th will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, September 30th. This represents a $0.46 annualized dividend and a yield of 0.97%. Agilent Technologies’s dividend payout ratio (DPR) is presently 31.72%.
In other news, Director Heidi Fields sold 8,072 shares of the company’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $46.99, for a total value of $379,303.28. Following the sale, the director now directly owns 51,836 shares of the company’s stock, valued at approximately $2,435,773.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Boon Hwee Koh sold 5,298 shares of the company’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $47.66, for a total transaction of $252,502.68. The disclosure for this sale can be found here.
Large investors have recently modified their holdings of the stock. Cribstone Capital Management LLC purchased a new stake in shares of Agilent Technologies during the second quarter worth about $102,000. ClariVest Asset Management LLC purchased a new stake in shares of Agilent Technologies during the second quarter worth about $105,000. CENTRAL TRUST Co boosted its stake in shares of Agilent Technologies by 1.3% in the second quarter. CENTRAL TRUST Co now owns 2,596 shares of the company’s stock worth $115,000 after buying an additional 34 shares during the last quarter. JFS Wealth Advisors LLC boosted its position in Agilent Technologies by 7,555.6% in the second quarter. JFS Wealth Advisors LLC now owns 3,445 shares of the company’s stock valued at $153,000 after buying an additional 3,400 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC bought a new position in Agilent Technologies during the second quarter valued at $154,000.
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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