Keysight Technologies - KEYS Stock Forecast, Price & News

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 Trading Up 1.7 %

Keysight Technologies stock opened at $169.60 on Friday. The stock has a 50-day simple moving average of $147.23 and a 200 day simple moving average of $150.30. The stock has a market capitalization of $30.52 billion, a P/E ratio of 30.67, a PEG ratio of 2.80 and a beta of 1.10. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.26 and a current ratio of 2.86. Keysight Technologies has a 52 week low of $127.93 and a 52 week high of $209.08.

Keysight Technologies (NYSE:KEYS - Get Rating) last issued its quarterly earnings data on Tuesday, May 17th. The scientific and technical instruments company reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.20. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. Keysight Technologies had a return on equity of 30.60% and a net margin of 19.90%. The company's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 EPS. Analysts expect that Keysight Technologies will post 6.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on KEYS shares. UBS Group lowered their target price on Keysight Technologies from $220.00 to $177.00 and set a "buy" rating on the stock in a report on Friday, June 17th. The Goldman Sachs Group reduced their target price on Keysight Technologies from $185.00 to $165.00 and set a "buy" rating for the company in a research report on Wednesday, June 1st. JPMorgan Chase & Co. dropped their price target on shares of Keysight Technologies from $200.00 to $176.00 and set an "overweight" rating for the company in a research report on Thursday, July 14th. Robert W. Baird reduced their price target on shares of Keysight Technologies from $198.00 to $166.00 in a research report on Monday, May 16th. Finally, Deutsche Bank Aktiengesellschaft increased 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. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $192.67.

Insider Transactions at Keysight Technologies

In related news, Director Kevin A. Stephens acquired 500 shares of the business's stock in a transaction dated 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 transaction, the director now directly owns 3,626 shares of the company's stock, valued at $496,435.66. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, Director Kevin A. Stephens acquired 500 shares of the firm's stock in a transaction that occurred on Thursday, June 30th. The stock was acquired at an average price of $136.91 per share, for a total transaction of $68,455.00. Following the completion of the acquisition, the director now owns 3,626 shares of the company's stock, valued at approximately $496,435.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard P. Hamada sold 1,626 shares of the firm's 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 completion of the transaction, the director now directly owns 42,160 shares of the company's stock, valued at $6,324,000. The disclosure for this sale can be found here. 0.52% of the stock is owned by corporate insiders.