Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Agilent Technologies Inc (A - Analyst Report) has recently announced that its Advanced Design System (ADS) has been selected by Kamstrup A/S to develop smart metering systems. Kamstrup happens to be a leading provider of metering solutions for electricity, heat, water and natural gas.

Advanced Design System is the world’s leading electronic design automation software for radio frequency, microwave and high speed digital applications. Its statistics-based manufacturing yield analysis and optimization help designers to develop high quality radio frequency circuit designs.

Kamstrup will use ADS to develop radio frequency circuits for smart metering systems. Using ADS, Kamstrup will be able to reduce the time to market of its products, keeping costs to the minimum at the same time.

Agilent is mainly involved in the manufacturing of measuring instruments. Its Life Science segment offers liquid chromatography systems, columns, tools and components. The Chemical Analysis segment, on the other hand, offers gas chromatography systems, tools and components. Agilent recently entered into an agreement with ABC Instrumentacion Analytica to acquire the latter’s assets. This acquisition is expected to be complete by October.

Agilent’s revenues in the third quarter were down 4.6% sequentially and 4.1% year over year to $1.65 billion. The lion’s share of revenues came from the Asia/Pacific region, which contributed 39%, followed by the Americas with 35% share and Europe, which accounted for the balance.

Though all three regions declined from the last quarter, the decline was greatest in the Americas (down 5.6%), followed by the Asia/Pacific (down 4.9%) and Europe (down 2.8%). The Americas dropped 14.3% year over year, Asia/Pacific remained flattish while Europe was up 6%. However, earnings per share of 68 cents beat the Zacks Consensus Estimate by 6 cents or 9.6%, helped by solid cost management.

Currently, Agilent has a Zacks Rank #3 (Hold). Other stocks that look attractive this season are Cognex Corp (CGNX - Snapshot Report), Microchip Technology Inc (MCHP - Analyst Report) and Texas Instruments (TXN - Analyst Report), all with a Zacks Rank # 2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%