Keysight Technologies (KEYS) Scheduled to Post Quarterly Earnings on Tuesday

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

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion for 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%. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.04 earnings per share. 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 Price Performance

Shares of Keysight Technologies stock opened at $163.75 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $28.42 billion, a price-to-earnings ratio of 31.49, a P/E/G ratio of 4.89 and a beta of 0.98. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $166.28. The firm’s 50-day moving average price is $154.49 and its two-hundred day moving average price is $145.70.

Wall Street Analyst Weigh In

KEYS has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, Vertical Research assumed coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $170.89.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

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.