Earnings

Stock Earnings Roundup: Agilent Technologies Inc (NYSE:A)

Shares of Agilent Technologies Inc (NYSE:A) jumped 0.31% to reach at $48.43 during the course of session. The company has experienced volume of 3.15M shares while on average the company has a capacity of trading 1.68M shares.

Agilent Technologies Inc (NYSE:A) on August 17, 2016 reported revenue of $1.04 billion, up 3 percent year over year (also up 3 percent on a core basis for the third fiscal quarter ended July 31, 2016.

Third-quarter GAAP income from continuing operations was $124 million, or $0.38 per share. Last year’s third-quarter GAAP income from continuing operations was $113 million, or $0.34 per share.

During the third quarter, Agilent had intangible amortization of $37 million, transformation costs of $11 million, acquisition and integration costs of $11 million, asset impairment costs of $4 million, and $3 million of other costs. Excluding those items, and a tax benefit of $30 million, Agilent reported third-quarter adjusted income from continuing operations of $160 million, $0.49 per share.

Third-quarter revenue of $504 million from Agilent’s Life Sciences and Applied Markets Group (LSAG) decreased 1 percent year over year (down 2 percent on a core basis), in line with expectations. LSAG’s Q3 operating margin was 19.1 percent.

Third-quarter revenue of $360 million from the Agilent CrossLab Group (ACG) grew 7 percent year over year (up 8 percent on a core basis). Both services and consumables continued to see solid growth worldwide and across key markets. ACG’s operating margin was 22.7 percent for the quarter.

Third-quarter revenue of $180 million from Agilent’s Diagnostics and Genomics Group (DGG) increased 8 percent year over year (also up 8 percent on a core basis, reflecting growth across all businesses. DGG’s operating margin for the quarter was 18.8 percent.

Agilent expects fourth-quarter 2016 revenue in the range of $1.05 billion to $1.07 billion. Fourth-quarter non-GAAP earnings are expected to be in the range of $0.50 to $0.52 per share.

For fiscal year 2016, Agilent expects revenue of $4.14 billion to $4.16 billion and non-GAAP earnings of $1.89 to $1.91 per share. Guidance is based on July 29, 2016 exchange rates. Core revenue growth and earnings per share midpoint are the same as prior guidance.

Agilent Technologies Inc (NYSE:A) holds the market capitalization of $15.71B along with 325.00M outstanding shares. During the last trade, stock’s minimum price has been reached out at $48.08 while the maximum trading price moved at $48.63. For the stock, price target value has been calculated at $49.14 based on calls of 14 experts. Stock’s minimum price target estimates has been figured out at $45.00 while the maximum price target forecast is established at $55.00. Currently the stock price is moving -0.39% off from the highest level of twelve months and +47.44% above from twelve months low. Agilent Technologies Inc (NYSE:A)  marked 52 week highest price level of $48.63 on 08/17/16 and 52 week lowest price level of $33.115 on 10/02/15.

As of current trade, Agilent Technologies Inc (NYSE:A) has shown weekly upbeat performance of 1.94%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 25.51%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 16.47%. Shares of Agilent Technologies Inc (NYSE:A) currently have an ABR of 1.75, derived from a total of 8 opinions. The company’s price sits 5.03% above from its 50-day moving average of $46.65 and 17.17% above from the stock’s 200-day moving average of $42.49. The company has Relative Strength Index (RSI 14) of 61.61 along with Average True Range (ATR 14) of 0.58. Its weekly and monthly volatility is 1.12%, 1.23% respectively. The company’s beta value is at 1.42.

Agilent Technologies Inc (NYSE:A) currently has a PEG ratio of 3.44 where as its P/E ratio is 34.72. The company’s price to sales ratio for trailing twelve months is 3.85 and price to book ratio for most recent quarter is 3.79, whereas price to cash per share for the most recent quarter is 7.37. Agilent Technologies Inc (NYSE:A)’s quick ratio for most recent quarter is 2.60 along with current ratio for most recent quarter of 3.10. Total debt to equity ratio of the company for most recent quarter is 0.45 whereas long term debt to equity ratio for most recent quarter is 0.40. Agilent Technologies Inc (NYSE:A) has a Return on Assets of 6.20%. The company currently has a Return on Equity of 11.20% and Return on Investment of 8.20%.

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