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 Performance
NYSE:KEYS traded up $1.72 during trading hours on Monday, hitting $171.32. 14,567 shares of the company's stock traded hands, compared to its average volume of 1,052,911. The company has a current ratio of 2.86, a quick ratio of 2.26 and a debt-to-equity ratio of 0.47. Keysight Technologies has a 52 week low of $127.93 and a 52 week high of $209.08. The firm has a market capitalization of $30.83 billion, a P/E ratio of 30.67, a P/E/G ratio of 2.85 and a beta of 1.10. The business's fifty day moving average price is $147.23 and its two-hundred day moving average price is $150.10.
Keysight Technologies (NYSE:KEYS - Get Rating) last released its earnings results on Tuesday, May 17th. The scientific and technical instruments company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.20. Keysight Technologies had a return on equity of 30.60% and a net margin of 19.90%. 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 previous year, the business earned $1.34 earnings per share. Keysight Technologies's quarterly revenue was up 10.6% compared to the same quarter last year. Equities research analysts predict that Keysight Technologies will post 6.53 EPS for the current year.
Analysts Set New Price Targets
Several research firms recently weighed in on KEYS. Deutsche Bank Aktiengesellschaft upped their price target on Keysight Technologies from $176.00 to $190.00 and gave the stock a "buy" rating in a research note on Tuesday, August 9th. UBS Group cut their price objective on shares of Keysight Technologies from $220.00 to $177.00 and set a "buy" rating on the stock in a research report on Friday, June 17th. Robert W. Baird decreased their target price on shares of Keysight Technologies from $198.00 to $166.00 in a report on Monday, May 16th. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $176.00 and set an "overweight" rating on the stock in a report on Thursday, July 14th. Finally, The Goldman Sachs Group decreased their price objective 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 assigned a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $192.67.
Insiders Place Their Bets
In other news, Director Kevin A. Stephens bought 500 shares of the stock in a transaction that occurred on Thursday, June 30th. The shares were bought 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 $496,435.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Keysight Technologies news, Director Kevin A. Stephens purchased 500 shares of the stock in a transaction that occurred on Thursday, June 30th. The shares were bought at an average cost of $136.91 per share, with a total value of $68,455.00. Following the acquisition, the director now owns 3,626 shares in the company, valued at $496,435.66. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard P. Hamada sold 1,626 shares of the 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 directly owns 42,160 shares of the company's stock, valued at $6,324,000. The disclosure for this sale can be found here. 0.55% of the stock is owned by company insiders.
