Keysight Technologies (KEYS) Set to Announce Earnings on Tuesday

Keysight Technologies (NYSE:KEYS) will be posting its quarterly earnings results after the market closes on Tuesday, November 19th. Analysts expect Keysight Technologies to post earnings of $1.41 per share for the quarter. Keysight Technologies has set its Q4 guidance at $1.53-1.59 EPS and its Q4 2024 guidance at 1.530-1.590 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the firm earned $2.04 EPS. Keysight Technologies’s quarterly revenue was down 11.9% compared to the same quarter last year. On average, analysts expect Keysight Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Keysight Technologies Trading Down 2.8 %

Keysight Technologies stock opened at $149.37 on Monday. The stock has a 50-day simple moving average of $155.17 and a 200 day simple moving average of $145.91. The stock has a market capitalization of $25.92 billion, a P/E ratio of 28.73, a PEG ratio of 4.36 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies has a 52 week low of $119.72 and a 52 week high of $166.28.

Analyst Ratings Changes

Several brokerages have recently commented on KEYS. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America increased their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Insiders Place Their Bets

In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 3.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company’s stock.

About Keysight Technologies

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.