Earnings Report: Here’s what to expect from Agilent Technologies Stock Forecast, Price & News (NYSE:A)

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Earnings results for Agilent Technologies Stock Forecast, Price & News (NYSE:A)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJul 2020 , the consensus EPS* forecast has remained the same over the past week at 0.66 and remained the same over the past month at 0.66. Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Oct 2020 , the consensus EPS* forecast has remained the same over the past week at 3.12 and increased over the past month from 3.11 to 3.12(0.32%). Of the 1 analysts making yearly forecasts, 1raised and none lowered their forecast.

Agilent Technologies last announced its earnings results on May 21st, 2020. The medical research company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.10. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Its revenue for the quarter was up .2% compared to the same quarter last year. Agilent Technologies has generated $3.11 earnings per share over the last year and currently has a price-to-earnings ratio of 44.9. Agilent Technologies has confirmed that its next quarterly earnings report will be published on Tuesday, August 18th, 2020.

Analyst Opinion on Agilent Technologies Stock Forecast, Price & News (NYSE:A)

18 Wall Street analysts have issued ratings and price targets for Agilent Technologies in the last 12 months. Their average twelve-month price target is $82.67, predicting that the stock has a possible downside of 15.22%. The high price target for A is $99.00 and the low price target for A is $54.00. There are currently 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Agilent Technologies has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 6 buy ratings, 12 hold ratings, and no sell ratings. According to analysts’ consensus price target of $82.67, Agilent Technologies has a forecasted downside of 15.2% from its current price of $97.51. Agilent Technologies has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Agilent Technologies Stock Forecast, Price & News (NYSE:A)

Agilent Technologies has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends. Agilent Technologies has only been increasing its dividend for 1 years. The dividend payout ratio of Agilent Technologies is 23.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Agilent Technologies will have a dividend payout ratio of 20.22% next year. This indicates that Agilent Technologies will be able to sustain or increase its dividend.

Insiders buying/selling: Agilent Technologies Stock Forecast, Price & News (NYSE:A)

In the past three months, Agilent Technologies insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,080,332.00 in company stock.

Earnings and Valuation of Agilent Technologies Stock Forecast, Price & News (NYSE:A

Earnings for Agilent Technologies are expected to grow by 14.10% in the coming year, from $3.12 to $3.56 per share. The P/E ratio of Agilent Technologies is 44.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.56. The P/E ratio of Agilent Technologies is 44.94, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.70. Agilent Technologies has a PEG Ratio of 3.12. PEG Ratios above 1 indicate that a company could be overvalued. Agilent Technologies has a P/B Ratio of 6.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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