Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment. The company's Electronic Industrial Solutions Group segment offers design tools; design verification tools; and digital multimeters, function generators, frequency counters, data acquisition systems, audio analyzers, LCR meters, thermal imagers, source measure units, ultra-high precision device current analyzers, and test executive software platforms, as well as various power supplies comprising AC/DC modular supplies and electronically programmable loads. This segment also provides printed-circuit-board-assembly testers, integrated circuit parametric testers, and sub-nano-meter positioning sub-assemblies; and test and measurement products and software. The company offers product support, technical support, and training and consulting services. It sells its products through direct sales force, distributors, resellers, and manufacturer's representatives. Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.
Keysight Technologies Stock Down 0.2 %
Shares of KEYS traded down $0.33 during midday trading on Tuesday, hitting $170.80. The company had a trading volume of 12,209 shares, compared to its average volume of 716,881. The company's 50-day simple moving average is $147.72 and its 200-day simple moving average is $150.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.26 and a current ratio of 2.86. The firm has a market capitalization of $30.74 billion, a P/E ratio of 30.95, a P/E/G ratio of 2.85 and a beta of 1.10. Keysight Technologies has a 1 year low of $127.93 and a 1 year high of $209.08.
Keysight Technologies (NYSE:KEYS - Get Rating) last announced its quarterly earnings data on Tuesday, May 17th. The scientific and technical instruments company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.20. The business had revenue of $1.35 billion during the quarter, compared to analysts' expectations of $1.30 billion. Keysight Technologies had a return on equity of 30.60% and a net margin of 19.90%. The business's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.34 EPS. As a group, sell-side analysts expect that Keysight Technologies will post 6.53 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently weighed in on KEYS. Robert W. Baird lowered their target price on Keysight Technologies from $198.00 to $166.00 in a report on Monday, May 16th. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $176.00 to $190.00 and gave the stock a "buy" rating in a report on Tuesday, August 9th. UBS Group lowered their price objective on Keysight Technologies from $220.00 to $177.00 and set a "buy" rating for the company in a research report on Friday, June 17th. JPMorgan Chase & Co. lowered their price target on Keysight Technologies from $200.00 to $176.00 and set an "overweight" rating for the company in a report on Thursday, July 14th. Finally, The Goldman Sachs Group lowered their price target on Keysight Technologies from $185.00 to $165.00 and set a "buy" rating for the company in a report on Wednesday, June 1st. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $192.67.
Insider Activity
In other news, Director Kevin A. Stephens purchased 500 shares of the business's stock in a transaction on Thursday, June 30th. The shares were bought at an average price of $136.91 per share, with a total value of $68,455.00. Following the completion of the transaction, the director now directly owns 3,626 shares in the company, valued at approximately $496,435.66. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Keysight Technologies news, Director Richard P. Hamada sold 1,626 shares of Keysight Technologies stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $150.00, for a total transaction of $243,900.00. Following the transaction, the director now owns 42,160 shares of the company's stock, valued at $6,324,000. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Kevin A. Stephens purchased 500 shares of the business's stock in a transaction on Thursday, June 30th. The shares were purchased at an average cost of $136.91 per share, for a total transaction of $68,455.00. Following the transaction, the director now owns 3,626 shares of the company's stock, valued at $496,435.66. The disclosure for this purchase can be found here. Company insiders own 0.55% of the company's stock.
