Wall Street brokerages expect that Agilent Technologies Inc (NYSE:A) will report earnings per share (EPS) of $0.58 for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Agilent Technologies’ earnings. The lowest EPS estimate is $0.57 and the highest is $0.62. Agilent Technologies reported earnings per share of $0.53 in the same quarter last year, which indicates a positive year over year growth rate of 9.4%. The company is expected to announce its next earnings results after the market closes on Wednesday, February 14th.

According to Zacks, analysts expect that Agilent Technologies will report full-year earnings of $2.58 per share for the current financial year, with EPS estimates ranging from $2.54 to $2.68. For the next fiscal year, analysts expect that the business will post earnings of $2.88 per share, with EPS estimates ranging from $2.77 to $2.97. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Agilent Technologies.

Agilent Technologies (NYSE:A) last issued its quarterly earnings results on Monday, November 20th. The medical research company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.05. Agilent Technologies had a return on equity of 16.95% and a net margin of 15.30%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the prior year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis.

Several brokerages have recently weighed in on A. Morgan Stanley reiterated an “overweight” rating on shares of Agilent Technologies in a report on Tuesday, November 14th. Zacks Investment Research lowered shares of Agilent Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. ValuEngine lowered shares of Agilent Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Robert W. Baird reiterated a “buy” rating and issued a $72.00 price target on shares of Agilent Technologies in a report on Friday, November 24th. Finally, Barclays lifted their price target on shares of Agilent Technologies from $67.00 to $71.00 and gave the company an “overweight” rating in a report on Tuesday, November 21st. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $69.25.

In other news, CEO Michael R. Mcmullen sold 21,850 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $75.00, for a total value of $1,638,750.00. Following the transaction, the chief executive officer now owns 324,687 shares of the company’s stock, valued at approximately $24,351,525. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Mark Doak sold 4,154 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $67.00, for a total transaction of $278,318.00. Following the completion of the transaction, the vice president now directly owns 68,270 shares in the company, valued at approximately $4,574,090. The disclosure for this sale can be found here. In the last three months, insiders sold 219,991 shares of company stock worth $15,468,795.

Several hedge funds have recently modified their holdings of A. State of Tennessee Treasury Department increased its stake in Agilent Technologies by 63.5% during the 4th quarter. State of Tennessee Treasury Department now owns 530,206 shares of the medical research company’s stock worth $35,508,000 after buying an additional 205,826 shares during the period. Timber Hill LLC increased its stake in Agilent Technologies by 186.6% during the 4th quarter. Timber Hill LLC now owns 74,628 shares of the medical research company’s stock worth $4,998,000 after buying an additional 48,586 shares during the period. Norinchukin Bank The increased its stake in Agilent Technologies by 7.6% during the 4th quarter. Norinchukin Bank The now owns 25,731 shares of the medical research company’s stock worth $1,723,000 after buying an additional 1,814 shares during the period. ARP Americas LP purchased a new stake in Agilent Technologies during the 4th quarter worth $569,000. Finally, Ontario Teachers Pension Plan Board increased its stake in Agilent Technologies by 3.5% during the 4th quarter. Ontario Teachers Pension Plan Board now owns 126,844 shares of the medical research company’s stock worth $8,495,000 after buying an additional 4,231 shares during the period.

Shares of Agilent Technologies (A) traded up $1.96 during midday trading on Friday, hitting $68.94. The stock had a trading volume of 1,586,046 shares, compared to its average volume of 2,129,826. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.85 and a current ratio of 3.30. Agilent Technologies has a 12-month low of $50.09 and a 12-month high of $75.00. The stock has a market capitalization of $21,615.61, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 2.02 and a beta of 1.28.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 24th. Stockholders of record on Tuesday, January 2nd were paid a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Friday, December 29th. This is an increase from Agilent Technologies’s previous quarterly dividend of $0.13. Agilent Technologies’s dividend payout ratio (DPR) is currently 28.57%.

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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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Earnings History and Estimates for Agilent Technologies (NYSE:A)

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