Keysight Technologies (NYSE:KEYS) Issues Q4 Earnings Guidance

Keysight Technologies (NYSE:KEYS) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.53-1.59 for the period, compared to the consensus estimate of $1.54. The company issued revenue guidance of $1.245-1.265 billion, compared to the consensus revenue estimate of $1.25 billion.

Analyst Ratings Changes

Several research firms have weighed in on KEYS. Susquehanna dropped their target price on shares of Keysight Technologies from $208.00 to $195.00 and set a positive rating on the stock in a research report on Tuesday, May 21st. Barclays boosted their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an equal weight rating in a report on Tuesday, May 21st. Robert W. Baird reduced their target price on Keysight Technologies from $167.00 to $160.00 and set an outperform rating for the company in a research note on Monday. Bank of America dropped their price target on Keysight Technologies from $150.00 to $135.00 and set an underperform rating on the stock in a research note on Tuesday, August 13th. Finally, Vertical Research initiated coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They issued a buy rating and a $175.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of Moderate Buy and an average price target of $164.78.

Keysight Technologies Stock Performance

Shares of KEYS traded up $0.07 during trading hours on Tuesday, hitting $138.57. The stock had a trading volume of 2,188,043 shares, compared to its average volume of 1,233,085. The firm has a 50-day moving average price of $135.27 and a 200 day moving average price of $145.46. Keysight Technologies has a fifty-two week low of $118.57 and a fifty-two week high of $162.51. The firm has a market capitalization of $24.19 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 4.58 and a beta of 0.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. As a group, research analysts anticipate that Keysight Technologies will post 5.25 EPS for the current year.

Insider Activity

In other Keysight Technologies news, Director Kevin A. Stephens bought 460 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were purchased at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at $533,928.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kevin A. Stephens acquired 460 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was purchased at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the acquisition, the director now directly owns 7,681 shares in the company, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. Company insiders own 0.60% of the company’s stock.

Keysight Technologies Company Profile

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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.