Keysight Technologies (NYSE:KEYS) Reaches New 52-Week High – Time to Buy?

Keysight Technologies Inc. (NYSE:KEYS) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $366.77 and last traded at $366.3790, with a volume of 945500 shares changing hands. The stock had previously closed at $355.93.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. UBS Group boosted their price target on Keysight Technologies from $230.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Truist Financial assumed coverage on Keysight Technologies in a research note on Tuesday, March 31st. They issued a “hold” rating and a $310.00 price target on the stock. Robert W. Baird boosted their price target on Keysight Technologies from $295.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, March 30th. Citigroup boosted their price target on Keysight Technologies from $282.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Finally, Zacks Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average target price of $314.33.

Keysight Technologies Stock Performance

The stock has a market cap of $61.80 billion, a P/E ratio of 64.92, a P/E/G ratio of 2.59 and a beta of 1.26. The company has a fifty day moving average price of $308.79 and a 200 day moving average price of $241.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The company’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.82 earnings per share. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. On average, equities analysts expect that Keysight Technologies Inc. will post 7.86 EPS for the current year.

Insider Activity

In related news, SVP Jo Ann Juskie sold 1,000 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $304.42, for a total transaction of $304,420.00. Following the completion of the sale, the senior vice president owned 12,552 shares in the company, valued at approximately $3,821,079.84. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ronald S. Nersesian sold 30,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the sale, the director owned 163,377 shares of the company’s stock, valued at $46,719,286.92. This trade represents a 15.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 40,334 shares of company stock valued at $11,533,230. Corporate insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors have recently bought and sold shares of KEYS. Quarry LP bought a new stake in Keysight Technologies during the fourth quarter worth $25,000. Cornerstone Planning Group LLC grew its holdings in Keysight Technologies by 36.1% during the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Optiver Holding B.V. bought a new stake in Keysight Technologies during the third quarter worth $35,000. Oslo Pensjonsforsikring AS bought a new stake in Keysight Technologies during the first quarter worth $44,000. Finally, Westfuller Advisors LLC bought a new stake in Keysight Technologies during the third quarter worth $45,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett?Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.