How Agilent Technologies, Inc. (NYSE:A) Could Add Value To Your Portfolio

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Attractive stocks have exceptional fundamentals. In the case of Agilent Technologies, Inc. (NYSE:A), there’s is a company with robust financial health as well as a buoyant growth outlook. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Agilent Technologies here.

Flawless balance sheet with reasonable growth potential

A is an attractive stock for growth-seeking investors, with an expected earnings growth of 30% in the upcoming year which is expected to flow into an impressive return on equity of 21% over the next couple of years. A’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that A has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. A seems to have put its debt to good use, generating operating cash levels of 0.6x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NYSE:A Past and Future Earnings, February 21st 2019
NYSE:A Past and Future Earnings, February 21st 2019

Next Steps:

For Agilent Technologies, there are three pertinent aspects you should further examine:

  1. Historical Performance: What has A’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

  2. Valuation: What is A worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether A is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of A? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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