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.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on shares of Keysight Technologies from $200.00 to $176.00 and set an "overweight" rating for the company in a report on Thursday, July 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $176.00 to $190.00 and gave the stock a "buy" rating in a report on Tuesday. UBS Group lowered their price objective on shares of Keysight Technologies from $220.00 to $177.00 and set a "buy" rating for the company in a report on Friday, June 17th. Robert W. Baird lowered their price objective on shares of Keysight Technologies from $198.00 to $166.00 in a report on Monday, May 16th. Finally, The Goldman Sachs Group lowered their price target on shares of 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $192.67.
Keysight Technologies Stock Up 0.1 %
NYSE:KEYS opened at $166.72 on Friday. The firm's 50-day moving average price is $146.77 and its 200-day moving average price is $150.30. The company has a market capitalization of $30.00 billion, a PE ratio of 30.15, a P/E/G ratio of 2.80 and a beta of 1.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.86 and a quick ratio of 2.26. 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 EPS for the quarter, beating the consensus estimate of $1.48 by $0.20. Keysight Technologies had a net margin of 19.90% and a return on equity of 30.60%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the firm posted $1.34 EPS. Keysight Technologies's revenue for the quarter was up 10.6% on a year-over-year basis. On average, equities analysts predict that Keysight Technologies will post 6.53 EPS for the current fiscal year.
Insider Activity at Keysight Technologies
In other Keysight Technologies news, Director Kevin A. Stephens acquired 500 shares of the stock in a transaction dated Thursday, June 30th. The shares were purchased at an average price of $136.91 per share, for a total transaction of $68,455.00. Following the purchase, the director now directly owns 3,626 shares of the company's stock, valued at $496,435.66. The acquisition was disclosed in a filing with the SEC, which is available at this link. In other Keysight Technologies news, Director Richard P. Hamada sold 1,626 shares of the firm's stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $150.00, for a total transaction of $243,900.00. Following the sale, the director now owns 42,160 shares in the company, valued at approximately $6,324,000. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kevin A. Stephens bought 500 shares of the firm's stock in a transaction on Thursday, June 30th. The shares were purchased at an average price of $136.91 per share, for a total transaction of $68,455.00. Following the purchase, the director now owns 3,626 shares in the company, valued at approximately $496,435.66. The disclosure for this purchase can be found here. 0.52% of the stock is currently owned by insiders.
