Agilent Technologies Inc. (NYSE: A) has a higher price-to-earnings ratio of 34.24x compared to its average ratio. A has 36-month beta value of 1.12. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 7 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for A is 291.84M, and currently, short sellers hold a 1.23% ratio of that float. The average trading volume of A on April 04, 2024 was 1.64M shares.
A) stock’s latest price update
The stock price of Agilent Technologies Inc. (NYSE: A) has dropped by -0.31 compared to previous close of 144.17. Despite this, the company has seen a fall of -0.47% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-02 that Agilent (A) unveils ADS 2 to enhance workflow efficiency within the laboratory, boosting the LSAG segment.
A’s Market Performance
A’s stock has fallen by -0.47% in the past week, with a monthly rise of 0.61% and a quarterly rise of 3.59%. The volatility ratio for the week is 1.55% while the volatility levels for the last 30 days are 1.87% for Agilent Technologies Inc. The simple moving average for the past 20 days is -1.99% for A’s stock, with a 15.00% simple moving average for the past 200 days.
Analysts’ Opinion of A
Many brokerage firms have already submitted their reports for A stocks, with Wolfe Research repeating the rating for A by listing it as a “Outperform.” The predicted price for A in the upcoming period, according to Wolfe Research is $140 based on the research report published on December 13, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see A reach a price target of $133, previously predicting the price at $130. The rating they have provided for A stocks is “Neutral” according to the report published on December 12th, 2023.
UBS gave a rating of “Neutral” to A, setting the target price at $125 in the report published on November 17th of the previous year.
A Trading at 3.59% from the 50-Day Moving Average
After a stumble in the market that brought A to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.18% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares sank -0.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.43% upper at present.
During the last 5 trading sessions, A fell by -0.47%, which changed the moving average for the period of 200-days by +18.56% in comparison to the 20-day moving average, which settled at $146.62. In addition, Agilent Technologies Inc. saw 3.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at A starting from Binns Philip, who sale 2,827 shares at the price of $147.54 back on Mar 25 ’24. After this action, Binns Philip now owns 9,997 shares of Agilent Technologies Inc., valued at $417,096 using the latest closing price.
McMullen Michael R., the CEO and President of Agilent Technologies Inc., sale 52,297 shares at $150.00 during a trade that took place back on Mar 08 ’24, which means that McMullen Michael R. is holding 253,909 shares at $7,844,550 based on the most recent closing price.
Stock Fundamentals for A
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.51 for the gross margin
The net margin for Agilent Technologies Inc. stands at 0.18. The total capital return value is set at 0.14. Equity return is now at value 20.95, with 11.30 for asset returns.
Based on Agilent Technologies Inc. (A), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.75. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 14.39.
Currently, EBITDA for the company is 1.71 billion with net debt to EBITDA at 0.58. When we switch over and look at the enterprise to sales, we see a ratio of 6.4. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.
Conclusion
To put it simply, Agilent Technologies Inc. (A) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
