What Analysts Were Expecting After Agilent Technologies Inc. (NYSE: A) rose 1.00%

Agilent Technologies Inc. (NYSE:A) shares, rose in value, with the stock price up by 1.00% to the previous day’s close as strong demand from buyers drove the stock to $137.74.

Actively observing the price movement in the last trading, the stock closed the session at $136.37. The PE ratio was 32.81 over 12-month period. Referring to stock’s 52-week performance, its high was $151.58, and the low was $96.80. On the whole, A has fluctuated by -6.53% over the past month.

The company’s Forward Dividend Ratio is 0.92, with its dividend yield at 0.67%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.77B, with a low estimate of 1.57B and a high estimate of 1.59B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.58B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that A’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 4.08, with the price of A currently trading nearly -1.96% and -2.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.78, while the 7-day volatility ratio is showing 2.53% which for the 30-day chart, stands at 2.23%. Furthermore, Agilent Technologies Inc. (A)’s beta value is 1.13, and its average true range (ATR) is 3.55.

A comparison of Agilent Technologies Inc. (A) with its peers suggests the former has fared considerably weaker in the market. A showed an intraday change of 1.00% in last session, and over the past year, it grew by 3.47%%.

Data on historical trading for Agilent Technologies Inc. (NYSE:A) indicates that the trading volumes over the past 3 months, they’ve averaged 1.60 million. According to company’s latest data on outstanding shares, there are 292.12 million shares outstanding.

Nearly 0.41% of Agilent Technologies Inc.’s shares belong to company insiders and institutional investors own 92.90% of the company’s shares. The stock has fallen by -0.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the A stock heading into the next quarter.

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