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

Keysight Technologies (NYSE:KEYS) is scheduled to be releasing its earnings data 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.Persons interested in participating in the company’s earnings conference call can do so using this link.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the firm earned $2.04 earnings per share. The firm’s revenue for the quarter 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 Stock Down 1.0 %

NYSE:KEYS opened at $163.75 on Tuesday. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $166.28. The company has a 50-day moving average of $154.49 and a 200 day moving average of $145.70. The firm has a market cap of $28.42 billion, a PE ratio of 31.49, a price-to-earnings-growth ratio of 4.89 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent analyst reports. Susquehanna cut their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. JPMorgan Chase & Co. upped their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Bank of America upped their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a report on Wednesday, August 21st. Robert W. Baird cut their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, August 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $170.89.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares in the company, valued at $6,576,960. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by company 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.