Agilent Technologies Inc. (A) Shares Decline Despite Market Challenges

Agilent Technologies Inc. (NYSE: A) has experienced a decline in its stock price by -1.01 compared to its previous closing price of 137.42. However, the company has seen a gain of 1.55% in its stock price over the last five trading days. zacks.com reported 2024-08-14 that Agilent (A) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is It Worth Investing in Agilent Technologies Inc. (NYSE: A) Right Now?

Agilent Technologies Inc. (NYSE: A) has a price-to-earnings ratio that is above its average at 32.14x. The stock has a 36-month beta value of 1.06. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 7 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for A is 290.61M, and at present, short sellers hold a 1.23% of that float. On August 15, 2024, the average trading volume of A was 2.11M shares.

A’s Market Performance

A’s stock has seen a 1.55% increase for the week, with a -0.02% drop in the past month and a -10.08% fall in the past quarter. The volatility ratio for the week is 1.88%, and the volatility levels for the past 30 days are at 2.70% for Agilent Technologies Inc.. The simple moving average for the past 20 days is 0.04% for A’s stock, with a 1.47% simple moving average for the past 200 days.

Analysts’ Opinion of A

Many brokerage firms have already submitted their reports for A stocks, with Citigroup repeating the rating for A by listing it as a “Buy.” The predicted price for A in the upcoming period, according to Citigroup is $150 based on the research report published on July 10, 2024 of the current year 2024.

Jefferies gave a rating of “Hold” to A, setting the target price at $135 in the report published on June 03rd of the current year.

A Trading at 2.27% 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 -12.44% of loss for the given period.

Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares surge +1.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.52% upper at present.

During the last 5 trading sessions, A rose by +1.55%, which changed the moving average for the period of 200-days by +30.41% in comparison to the 20-day moving average, which settled at $136.10. In addition, Agilent Technologies Inc. saw -2.16% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at A starting from MCDONNELL PADRAIG, who sale 1,958 shares at the price of $140.00 back on Jul 26 ’24. After this action, MCDONNELL PADRAIG now owns 26,076 shares of Agilent Technologies Inc., valued at $274,120 using the latest closing price.

MCDONNELL PADRAIG, the Officer of Agilent Technologies Inc., proposed sale 1,958 shares at $140.00 during a trade that took place back on Jul 26 ’24, which means that MCDONNELL PADRAIG is holding shares at $274,120 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 0.19. The total capital return value is set at 0.15. Equity return is now at value 20.71, with 11.47 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 0.7. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is 14.82.

Currently, EBITDA for the company is 1.71 billion with net debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 6.21. The receivables turnover for the company is 5.28for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.

Conclusion

To sum up, Agilent Technologies Inc. (A) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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