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 Stock Performance

Shares of NYSE:KEYS traded up $2.88 during trading on Friday, reaching $169.60. 795,636 shares of the company's stock traded hands, compared to its average volume of 721,183. The stock has a market capitalization of $30.52 billion, a P/E ratio of 30.67, a price-to-earnings-growth ratio of 2.80 and a beta of 1.10. Keysight Technologies has a 12 month low of $127.93 and a 12 month high of $209.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.86 and a quick ratio of 2.26. The company has a 50 day moving average of $147.23 and a 200-day moving average of $150.18.

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 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The business's revenue was up 10.6% on a year-over-year basis. On average, equities analysts expect that Keysight Technologies will post 6.53 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on KEYS shares. JPMorgan Chase & Co. dropped their target price on Keysight Technologies from $200.00 to $176.00 and set an "overweight" rating on the stock in a report on Thursday, July 14th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $176.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday. The Goldman Sachs Group dropped their price target on shares of Keysight Technologies from $185.00 to $165.00 and set a "buy" rating on the stock in a research note on Wednesday, June 1st. UBS Group dropped their target price on Keysight Technologies from $220.00 to $177.00 and set a "buy" rating on the stock in a research report on Friday, June 17th. Finally, Robert W. Baird lowered their price objective on Keysight Technologies from $198.00 to $166.00 in a research note on Monday, May 16th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $192.67.

Insider Buying and Selling

In related 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 transaction, the director now owns 42,160 shares in the company, valued at $6,324,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Keysight Technologies news, Director Kevin A. Stephens bought 500 shares of the company's stock in a transaction that occurred on Thursday, June 30th. The shares were acquired at an average cost of $136.91 per share, for a total transaction of $68,455.00. Following the acquisition, the director now directly owns 3,626 shares of the company's stock, valued at $496,435.66. The purchase was disclosed in a document filed with the SEC, which is available at 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. Corporate insiders own 0.52% of the company's stock.