NYSE:A

Stock Analysis Report

Executive Summary

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide.

Snowflake

Fundamentals

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Agilent Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

NYSE:A

1.8%

US Life Sciences

2.1%

US Market


1 Year Return

9.2%

NYSE:A

8.8%

US Life Sciences

-0.04%

US Market

A matched the Life Sciences industry (9.4%) over the past year.

A outperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

AIndustryMarket
7 Day3.1%1.8%2.1%
30 Day2.6%-4.7%-3.2%
90 Day4.9%1.9%2.8%
1 Year10.2%9.2%9.0%8.8%2.2%-0.04%
3 Year56.1%51.8%73.3%71.9%41.5%32.3%
5 Year84.3%25.5%110.6%100.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is Agilent Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Agilent Technologies undervalued based on future cash flows and its price relative to the stock market?

21.18x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Agilent Technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Agilent Technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Agilent Technologies is good value based on earnings compared to the US Life Sciences industry average.

Agilent Technologies is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Agilent Technologies earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Agilent Technologies is good value based on assets compared to the US Life Sciences industry average.


Next Steps

Future Growth

How is Agilent Technologies expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

-2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Agilent Technologies's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).

Agilent Technologies's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Agilent Technologies's revenue growth is positive but not above the United States of America market average.

Agilent Technologies's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Agilent Technologies's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Agilent Technologies is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Agilent Technologies performed over the past 5 years?

22.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Agilent Technologies has delivered over 20% year on year earnings growth in the past 5 years.

Agilent Technologies's 1-year earnings growth exceeds its 5-year average (259.7% vs 22%)

Agilent Technologies's earnings growth has exceeded the US Life Sciences industry average in the past year (259.7% vs 45%).


Return on Equity

Agilent Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Agilent Technologies used its assets more efficiently than the US Life Sciences industry average last year based on Return on Assets.


Return on Capital Employed

Agilent Technologies has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Agilent Technologies's financial position?


Financial Position Analysis

Agilent Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Agilent Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Agilent Technologies's level of debt (37.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (39.2% vs 37.9% today).

Debt is well covered by operating cash flow (60%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 32.4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Agilent Technologies's current dividend yield, its reliability and sustainability?

0.99%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Agilent Technologies's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Agilent Technologies's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Agilent Technologies has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Agilent Technologies only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.4x coverage).


Next Steps

Management

What is the CEO of Agilent Technologies's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Mike McMullen (58yo)

4.4yrs

Tenure

US$11,708,230

Compensation

Mr. Michael R. McMullen, also known as Mike, has been the President of Agilent Technologies, Inc., since September 17, 2014 and Chief Executive Officer since March 18, 2015. Mr. McMullen has been a Directo ...


CEO Compensation Analysis

Mike's remuneration is about average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.3yrs

Average Tenure

55.5yo

Average Age

The tenure for the Agilent Technologies management team is about average.


Board Age and Tenure

4.3yrs

Average Tenure

65yo

Average Age

The tenure for the Agilent Technologies board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$226,71527 Mar 19
Paul Clark
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,823
Max PriceUS$80.31
SellUS$92,15708 Mar 19
Rodney Gonsalves
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares1,155
Max PriceUS$79.79
SellUS$311,80025 Feb 19
Mark Doak
EntityIndividual
Role
Senior Key Executive
Senior Vice President
Shares4,000
Max PriceUS$77.95
SellUS$106,59029 Nov 18
Rodney Gonsalves
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares1,500
Max PriceUS$71.06
SellUS$197,29414 Sep 18
Paul Clark
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,876
Max PriceUS$68.60

Ownership Breakdown


Management Team

  • Darlene J. Solomon (60yo)

    CTO & Senior VP

    • Tenure: 15.9yrs
  • Rodney Gonsalves (53yo)

    Chief Accounting Officer

    • Tenure: 4.3yrs
  • Mike McMullen (58yo)

    CEO, President & Director

    • Tenure: 4.4yrs
    • Compensation: US$11.71m
  • Jacob Thaysen (44yo)

    Senior Vice President

    • Tenure: 0.0yrs
    • Compensation: US$3.02m
  • Michael Tang (45yo)

    Senior VP

    • Tenure: 3.6yrs
  • Eric Gerber

    Senior Vice President of Strategy & Corporate Development

    • Tenure: 0.8yrs
  • Dominique Grau (60yo)

    Senior Vice President of Human Resources

    • Tenure: 5.0yrs
    • Compensation: US$2.21m
  • Bob McMahon (50yo)

    Senior VP & CFO

    • Tenure: 0.9yrs
    • Compensation: US$6.58m
  • Mark Doak (64yo)

    Senior Vice President

    • Tenure: 4.9yrs
    • Compensation: US$3.32m
  • Ankur Dhingra

    Vice President of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Heidi Fields (64yo)

    Director

    • Tenure: 19.5yrs
    • Compensation: US$294.04k
  • Paul Clark (72yo)

    Non-Executive Director

    • Tenure: 13.3yrs
    • Compensation: US$319.04k
  • Tadataka Yamada (73yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: US$314.04k
  • George Scangos (71yo)

    Director

    • Tenure: 4.9yrs
    • Compensation: US$294.04k
  • Dow Wilson (60yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: US$271.01k
  • Boon Hwee Koh (68yo)

    Non-Executive Chairman

    • Tenure: 2.4yrs
    • Compensation: US$449.04k
  • Dan Podolsky (66yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: US$304.04k
  • Mike McMullen (58yo)

    CEO, President & Director

    • Tenure: 4.4yrs
    • Compensation: US$11.71m
  • Hans Bishop (55yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$260.71k
  • Sue Rataj (62yo)

    Director

    • Tenure: 3.9yrs
    • Compensation: US$304.04k

Company Information

Agilent Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Agilent Technologies, Inc.
  • Ticker: A
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Life Sciences Tools and Services
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$22.239b
  • Shares outstanding: 310.00m
  • Website: https://www.agilent.com

Number of Employees


Location

  • Agilent Technologies, Inc.
  • 5301 Stevens Creek Boulevard
  • Santa Clara
  • California
  • 95051
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1999
AG8DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1999
A *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 1999
0HAVLSE (London Stock Exchange)YesCommon StockGBUSDNov 1999

Biography

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates in three segments: Life Sciences and Applied Markets ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:31
End of Day Share Price2019/08/22 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.