Closing Bell Recap: Agilent Technologies Inc. (A) Ends at 132.44, Reflecting a -1.57 Downturn

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

Agilent Technologies Inc. (NYSE: A) closed the day trading at $132.44 down -1.57% from the previous closing price of $134.55. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 1.94 million shares were traded. A stock price reached its highest trading level at $134.44 during the session, while it also had its lowest trading level at $128.34.

Ratios:

For a better understanding of A, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.43.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on April 05, 2024, Upgraded its rating to Buy and sets its target price to $163 from $145 previously.

On December 13, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $140.

BofA Securities Downgraded its Buy to Neutral on December 12, 2023, whereas the target price for the stock was revised from $130 to $133.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 25 ’24 when Binns Philip sold 2,827 shares for $147.54 per share. The transaction valued at 417,096 led to the insider holds 9,997 shares of the business.

McMullen Michael R. sold 52,297 shares of A for $7,844,550 on Mar 08 ’24. The CEO and President now owns 253,909 shares after completing the transaction at $150.00 per share. On Mar 07 ’24, another insider, Gonsalves Rodney, who serves as the V.P., Corporate Controller of the company, sold 4,828 shares for $149.00 each. As a result, the insider received 719,348 and left with 21,329 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, A now has a Market Capitalization of 38812205056 and an Enterprise Value of 39783243776. As of this moment, Agilent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.55, and their Forward P/E ratio for the next fiscal year is 21.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.76 while its Price-to-Book (P/B) ratio in mrq is 6.27. Its current Enterprise Value per Revenue stands at 5.907 whereas that against EBITDA is 24.258.

Stock Price History:

Over the past 52 weeks, A has reached a high of $151.58, while it has fallen to a 52-week low of $96.80. The 50-Day Moving Average of the stock is -6.06%, while the 200-Day Moving Average is calculated to be 4.90%.

Shares Statistics:

Over the past 3-months, A traded about 1.58M shares per day on average, while over the past 10 days, A traded about 1354560 shares per day. A total of 292.12M shares are outstanding, with a floating share count of 291.84M. Insiders hold about 0.41% of the company’s shares, while institutions hold 92.72% stake in the company. Shares short for A as of 1711584000 were 3953999 with a Short Ratio of 2.50, compared to 1709164800 on 2736136. Therefore, it implies a Short% of Shares Outstanding of 3953999 and a Short% of Float of 1.52.

Dividends & Splits

A’s forward annual dividend rate is 0.92, up from 0.911 a year ago. The stock’s 5-year Average Dividend Yield is 0.68.

Earnings Estimates

At present, Dow Jones Industrial Average analysts are actively evaluating the performance of Agilent Technologies Inc. (A) in the stock market.The consensus estimate for the next quarter is $167.04, with high estimates of $155.08 and low estimates of $179.22.

Analysts are recommending an EPS of between $Technology and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Technology. EPS for the following year is $Stocks, with Index analysts recommending between $Stocks and $Stocks.

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