Agilent Technologies stock: buy or sell?

A stock price: $114.68 2.20% At close on Nov 24th, 2020

Updated on:
Nov 24th, 2020

2

Agilent Technologies stock brief

  • Agilent Technologies rose a 2.20% after reaching new all-time highs on Tuesday
  • Agilent Technologies gained a 5.52% in 4 consecutive sessions in red
  • JPMorgan Chase & Co., Robert W. Baird, SVB Leerink and Wells Fargo & Company posted bullish ratings for Agilent Technologies on Tuesday, with an average forecast of $120.75
  • On Monday, Agilent Technologies presented its Q4 financial report
  • The stock is configuring an uptrend pattern since last March, when it bottomed at $60.74. Up to date, the uptrend marked a 88.80% profit since the beginning of this rally
  • Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide.

Should I buy Agilent Technologies stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $A stock a buy?

Following Stock2 trading strategies, there are 2 buy setups eligible for Agilent Technologies:

Uptrend buy setup

Agilent Technologies stock is in an uptrend since last March that so far marked an amazing 89.00% gain. Price marked a pull back in this uptrend at $105.19 last Thursday, and since then it bounced off a 9.02%. Now, it's just 2.46% away from breaking out over its last top and resume the uptrend. The new buy point is therefore at $117.50. If you decide to enter this trade, the suggested stop loss is at $105.75

Buy setupBuy pointStop lossRisk
Uptrend buy setup$117.50$105.7510.00%

ATH buy setup

All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at all-time highs is that price doesn't have upper resistances, and usually it scales rapidly. However, there's the risk of a bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is so important. Price is now at 3.73% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $118.96. The stop loss would be placed at $107.06

Buy setupBuy pointStop lossRisk
ATH buy setup$118.96$107.0610.00%

Should I sell Agilent Technologies stock?

When you own stock shares with some profit, it's really difficult to decide the best moment to sell and get your profits. Trading strategies give us the ability us to avoid impulsive decisions based on our sentiments or the noise surrounding the market. We like very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies should not be used for selling short Agilent Technologies stock

As a rule of thumb, you must never keep an open trade that generates losses greater than those expected by the time of purchase. The moment to sell your stock must always be determined by the stop-loss (automatic or manual)

Is it time to sell Agilent Technologies stock?

In the current situation of Agilent Technologies there is not any eligible sell setup, so Agilent Technologies stock holders with operations in green can keep their positions

Agilent Technologies ratings

In the last 30 days, 8 brokerage ratings were published for Agilent Technologies. General sentiment is bullish, with 7 out of 8 posting optimistic forecasts

Agilent Technologies analysts' ratings - Last 30 days
Brokerage firmRating
Nov 3rd, 2020
Morgan Stanley
Nov 9th, 2020
HSBC NeutralStrong buy
KeyCorp Buy
Nov 17th, 2020
Cleveland Research NeutralStrong buy
Nov 24th, 2020
JPMorgan Chase & Co. Buy
Robert W. Baird Buy
SVB Leerink Buy
Wells Fargo & Company Buy

Agilent Technologies stock analysis

Since last March, Agilent Technologies has been printing an uptrend that by now marked a gorgeous 88.80%. The price action shows higher highs and higher troughs, and along the way gave some buy points for those who wanted to enter. Latest low was last Thursday, when price bounced at $105.19. Now, the price trades in a consolidation between its last top ($117.50) and its last bottom ($105.19)

$A at All-time Highs

Agilent Technologies hit all-time highs (ATH) on Tuesday at $118.96, and cleared the field for new highs as there are no further resistances. Previous highs were on November 9

SMAs overview

A stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $117.50 (2.46% above)
  • The current support levels are:

  • S1: $107.62 (-6.16% below)
  • S2: $105.19 (-8.28% below)
  • S3: $103.47 (-9.78% below)
  • Bollinger bands

    The price is moving near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a bearish indicator, as price can move in these levels for many days and weeks

    A stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on November 10 after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Tuesday was 66.39. Agilent Technologies shares went up a 1.94% since RSI lost the overbought zone

    A stock RSI chart

    Agilent Technologies stock price history

    Agilent Technologies IPO was on Nov 18th, 1999 priced at $28.19 per share1. Since then, A stock has risen by 306.81%, with an average of 14.61% per year. If you had invested thousand dollars in Agilent Technologies stock on Nov 1999, it would worth $4,068.11 today.

    1: Adjusted price after possible price splits or reverse-splits

    A stock price history chart

    Price target for Agilent Technologies stock

    Nobody knows how much a stock will be priced tomorrow. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, brokerage institutions post their price forecasts based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and many times. If you are a small investor you don't have to invest based on these forecasts.

    Averaging all price targets exposed below, the predicted price for Agilent Technologies stock is $102.74. Agilent Technologies closed at $114.68 on Tuesday, that is a 11.62% more than the target price.

    Agilent Technologies stock price predictions
    Brokerage firmPrice target
    Nov 3rd, 2020
    Morgan Stanley Not available
    Nov 9th, 2020
    HSBC $30.70
    KeyCorp Not available
    Nov 17th, 2020
    Cleveland Research Not available
    Nov 24th, 2020
    JPMorgan Chase & Co. $110.00$125.00
    Robert W. Baird $104.00$118.00
    SVB Leerink $100.00$120.00
    Wells Fargo & Company $105.00$120.00

    Earnings and financials

    On Monday, Agilent Technologies, Inc. ($A) posted EPS for FQ4 that slightly improved analysts' expectations. Quarterly EPS was $0.98 per share vs the estimates of $0.93. This Q4 report represents an earnings surprise of 5.38%. Forecasted turnover for Q4 was $1.4 billion but Agilent Technologies slightly surpassed by 5.93%, posting $1.5 billion.

    Same quarter one year ago, reported EPS was $0.89, so current EPS is a gain of 10.11%.

    Agilent Technologies ($A) releases financial report next February.

    Agilent Technologies competitors

    Agilent Technologies is part of the Diagnostics & Research industry, where it has 43 industry peers.

    Agilent Technologies biggest competitors are:

    Agilent Technologies competitors
    CompanyMarket capRatingBullish ratings1
    Agilent Technologies ($A) $33.9B Buy 7
    Thermo Fisher Scientific ($TMO) $180.0B Buy 1
    Danaher ($DHR) $160.4B Buy 1
    Koninklijke Philips ($PHG) $48.3B Strong buy 2
    Illumina ($ILMN) $44.6B Buy 1
    IDEXX Laboratories ($IDXX) $39.6B Neutral 0
    IQVIA ($IQV) $32.4B Neutral 0

    1 In the last 30 days.

    Agilent Technologies performance

    To better understand Agilent Technologies performance you must compare its gains with other related stocks in same sector or industry.. For Agilent Technologies, the benchmark is made against Thermo Fisher Scientific, Danaher, Koninklijke Philips, Illumina, IDEXX Laboratories and IQVIA.

    A performance compared
    Company1m3m6m
    Agilent Technologies ($A) 9.10% 15.80% 32.10%
    Thermo Fisher Scientific ($TMO) -9.40% 7.40% 27.50%
    Danaher ($DHR) -7.50% 6.10% 32.60%
    Koninklijke Philips ($PHG) 4.40% 1.70% 15.00%
    Illumina ($ILMN) -4.90% -13.50% -17.80%
    IDEXX Laboratories ($IDXX) 3.80% 15.30% 45.20%
    IQVIA ($IQV) 5.80% 8.60% 17.30%

    Important note:
    The viewpoints expressed in this post are personal and not recommendations for you to buy or sell shares. The author of this text does not have an understanding of the specific circumstances of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for education purposes only

    Agilent Technologies summary

    Tuesday, November 24th, 2020
    Open$118.96
    Close$114.68
    Day range$111.43 - $118.96
    Previous close$112.21
    Session gain2.20%
    Average true range$3.97
    50d mov avg$104.72
    100d mov avg$100.54
    200d mov avg$89.98
    Earnings dateFebruary 16th, 2021

    Frequently asked questions

    What is Agilent Technologies stock symbol?

    Agilent Technologies, Inc. is a public company trading in the US stock market with the A symbol

    Is Agilent Technologies stock a buy or sell?

    Agilent Technologies received 8 ratings in the last 30 days: 7 bullish, 0 bearish and 0 neutral.

    Will A go up?

    Agilent Technologies had different price predictions published by analysts in the last month forecasting the target price to $102.74. That is a 10.41% less than the last price ($114.68).