Market Update (NYSE:A): Agilent Technologies Announces Cash Dividend of 11.5 Cents per Share

[Business Wire] – Agilent Technologies Inc. today announced that a quarterly dividend of 11.5 cents per share of common stock will be paid on July 27, 2016, to all shareholders of record as of the close of business on July 5, 2016. Read more on this. Agilent Technologies, Inc. (A) , valued at $14.53B, opened at $44.45. Looking at today’s trading action, the company’s one day range from $43.99 to $44.74 with the price of the stock fluctuating between $33.12 to $45.34 over the last 52 weeks. Priced at 23.37x this year’s forecasted earnings, A shares are relatively expensive compared to the industry’s 7.12x forward p/e ratio. And for income investors, the company pays shareholders $0.46 per share annually in dividends, yielding 1.08%. According to a consensus of 15 analysts, the earnings estimate of $0.47 per share would be $0.03 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $1.90, which would be a $0.16 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.04 Billion. If reported, that would be a 2.97% increase over the year-ago quarter. Recently, Deutsche Bank Initiated A at Hold (Jan 7, 2016). Previously, UBS Initiated A at to Neutral. The average price target for A shares by the analysts covering it is $48.29, which is 8.64% above where the stock opened. See more in (NYSE:A) Similar Articles: Company Update: Agilent Technologies Inc (NYSE:A) – Agilent Technologies Introduces InfinityLab Liquid Chromatography Instruments, Columns and Supplies Stock Update: Agilent Technologies Inc (NYSE:A) – Agilent Technologies to Sponsor USCAP 2016 Market Update: Agilent Technologies Inc (NYSE:A) – Dako, an Agilent Technologies Company, Announces Expanded FDA Approval of Complementary Diagnostic Test to Include Melanoma