Keysight Technologies (KEYS) Set to Announce Earnings on Tuesday

Keysight Technologies (NYSE:KEYS) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 19th. Analysts expect the company 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.Persons interested in listening to the company’s earnings conference call can do so using this link.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. Keysight Technologies’s revenue was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.04 EPS. 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 Stock Down 2.8 %

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

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Robert W. Baird dropped their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $158.00 to $180.00 in a research report on Monday, November 4th. 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 target on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $170.89.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 3.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

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.