Agilent Technologies (NYSE:A) Updates Q1 Earnings Guidance

Agilent Technologies (NYSE:A) updated its first quarter earnings guidance on Monday. The company provided earnings per share guidance of $1.25-1.28 for the period, compared to the consensus earnings per share estimate of $1.38. The company issued revenue guidance of $1.65-1.68 billion, compared to the consensus revenue estimate of $1.70 billion. Agilent Technologies also updated its FY25 guidance to $5.54-5.61 EPS.

Analyst Ratings Changes

A has been the subject of several recent analyst reports. Evercore ISI boosted their target price on Agilent Technologies from $135.00 to $145.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 1st. Citigroup upped their target price on shares of Agilent Technologies from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. TD Cowen boosted their price objective on shares of Agilent Technologies from $153.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Bank of America upped their target price on shares of Agilent Technologies from $140.00 to $147.00 and gave the company a “neutral” rating in a research note on Thursday, August 22nd. Finally, Barclays lifted their price objective on shares of Agilent Technologies from $135.00 to $145.00 and gave the company an “underweight” rating in a research note on Tuesday, October 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $144.36.

Agilent Technologies Stock Up 0.5 %

Shares of NYSE:A traded up $0.65 during midday trading on Monday, reaching $134.49. The company had a trading volume of 3,256,323 shares, compared to its average volume of 1,712,948. The stock has a market cap of $38.64 billion, a PE ratio of 27.77, a P/E/G ratio of 5.89 and a beta of 1.07. Agilent Technologies has a 1-year low of $124.10 and a 1-year high of $155.35. The business’s 50 day moving average price is $137.90 and its 200 day moving average price is $137.61. The company has a quick ratio of 1.37, a current ratio of 1.78 and a debt-to-equity ratio of 0.36.

Agilent Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Tuesday, December 31st will be issued a dividend of $0.248 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.74%. This is an increase from Agilent Technologies’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, December 31st. Agilent Technologies’s payout ratio is presently 19.50%.

Insider Buying and Selling at Agilent Technologies

In other Agilent Technologies news, SVP Dominique Grau sold 9,990 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $145.00, for a total value of $1,448,550.00. Following the sale, the senior vice president now owns 40,011 shares in the company, valued at approximately $5,801,595. The trade was a 19.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

About Agilent Technologies

Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The company operates in three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; cell imaging systems; microplate reader; laboratory software; information management and analytics; laboratory automation and robotic systems; dissolution testing; and vacuum pumps, and measurement technologies.