Agilent Technologies (NYSE:A) Issues 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.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Citigroup lifted their target price on Agilent Technologies from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Evercore ISI upped their price target on shares of Agilent Technologies from $135.00 to $145.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 1st. Wells Fargo & Company began coverage on shares of Agilent Technologies in a research report on Tuesday, August 27th. They issued an “overweight” rating and a $157.00 price objective for the company. Bank of America increased their price objective on Agilent Technologies from $140.00 to $147.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Finally, UBS Group lifted their price target on shares of Agilent Technologies from $141.00 to $150.00 and gave the company a “neutral” rating in a research report on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. According to MarketBeat, Agilent Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $144.36.

Agilent Technologies Trading Up 0.5 %

Shares of A traded up $0.65 during trading hours on Monday, reaching $134.49. 3,256,323 shares of the company traded hands, compared to its average volume of 1,712,948. Agilent Technologies has a 12 month low of $124.10 and a 12 month high of $155.35. The company has a market capitalization of $38.64 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 5.89 and a beta of 1.07. The company’s fifty day moving average price is $137.90 and its two-hundred 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Tuesday, December 31st will be issued a $0.248 dividend. This represents a $0.99 annualized dividend 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 dividend payout ratio (DPR) is presently 19.50%.

Insiders Place Their Bets

In other 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 completion of the transaction, the senior vice president now owns 40,011 shares of the company’s stock, valued at $5,801,595. This represents a 19.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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.