Wall Street brokerages predict that Agilent Technologies Inc (NYSE:A) will report earnings per share (EPS) of $0.63 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Agilent Technologies’ earnings, with the lowest EPS estimate coming in at $0.62 and the highest estimate coming in at $0.64. Agilent Technologies reported earnings per share of $0.59 during the same quarter last year, which indicates a positive year over year growth rate of 6.8%. The business is expected to issue its next earnings results on Tuesday, August 21st.
According to Zacks, analysts expect that Agilent Technologies will report full year earnings of $2.67 per share for the current financial year, with EPS estimates ranging from $2.65 to $2.68. For the next financial year, analysts expect that the company will report earnings of $2.93 per share, with EPS estimates ranging from $2.83 to $3.00. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Agilent Technologies.
Agilent Technologies (NYSE:A) last released its quarterly earnings results on Monday, May 14th. The medical research company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. Agilent Technologies had a net margin of 5.02% and a return on equity of 18.01%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the firm earned $0.58 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis.
In other news, Director Boon Hwee Koh sold 6,931 shares of the business’s stock in a transaction that occurred on Tuesday, June 12th. The shares were sold at an average price of $66.38, for a total value of $460,079.78. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new stake in shares of Agilent Technologies in the fourth quarter valued at approximately $126,000. Point72 Asia Hong Kong Ltd raised its position in shares of Agilent Technologies by 303.2% in the first quarter. Point72 Asia Hong Kong Ltd now owns 2,859 shares of the medical research company’s stock valued at $191,000 after purchasing an additional 2,150 shares during the period. Signaturefd LLC bought a new stake in shares of Agilent Technologies in the first quarter valued at approximately $201,000. Pwmco LLC bought a new stake in shares of Agilent Technologies in the second quarter valued at approximately $226,000. Finally, Delpha Capital Management LLC bought a new stake in shares of Agilent Technologies in the first quarter valued at approximately $254,000.
Shares of Agilent Technologies traded down $0.30, reaching $63.85, during trading hours on Friday, according to Marketbeat. 1,619,800 shares of the stock traded hands, compared to its average volume of 2,627,809. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.32 and a quick ratio of 2.88. Agilent Technologies has a 52 week low of $58.22 and a 52 week high of $75.00. The firm has a market capitalization of $20.15 billion, a P/E ratio of 27.11, a PEG ratio of 2.20 and a beta of 1.26.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 25th. Shareholders of record on Tuesday, July 3rd will be given a $0.149 dividend. This represents a $0.60 annualized dividend and a yield of 0.93%. The ex-dividend date is Monday, July 2nd. Agilent Technologies’s dividend payout ratio is 25.42%.
About Agilent Technologies
Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It 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; microfluidics based automated electrophoresis products; cell analysis plate based assays; laboratory software and informatics systems; laboratory automation; dissolution testing; vacuum pumps; and measurement technologies.
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