Keysight Technologies Inc (NYSE:KEYS) SVP Ingrid A. Estrada sold 7,624 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $107.28, for a total value of $817,902.72. Following the transaction, the senior vice president now owns 84,048 shares in the company, valued at $9,016,669.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
KEYS stock traded up $1.42 during midday trading on Wednesday, hitting $103.16. The company’s stock had a trading volume of 1,358,901 shares, compared to its average volume of 1,702,114. The firm has a 50-day simple moving average of $103.65 and a 200-day simple moving average of $92.95. The firm has a market capitalization of $19.35 billion, a P/E ratio of 23.82, a PEG ratio of 2.55 and a beta of 1.28. The company has a quick ratio of 2.50, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. Keysight Technologies Inc has a 52-week low of $55.91 and a 52-week high of $110.00.
Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, November 26th. The scientific and technical instruments company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.21. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Keysight Technologies had a return on equity of 29.25% and a net margin of 14.43%. The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 earnings per share. On average, sell-side analysts expect that Keysight Technologies Inc will post 4.62 earnings per share for the current fiscal year.
A number of equities research analysts have recently weighed in on KEYS shares. Susquehanna Bancshares reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 27th. Credit Suisse Group reissued an “outperform” rating and set a $125.00 target price (up previously from $110.00) on shares of Keysight Technologies in a research note on Wednesday, November 27th. Bank of America began coverage on Keysight Technologies in a report on Monday, November 18th. They set a “neutral” rating and a $115.00 target price for the company. Robert W. Baird upgraded Keysight Technologies from a “neutral” rating to an “outperform” rating and raised their target price for the company from $82.00 to $100.00 in a report on Thursday, August 22nd. Finally, ValuEngine downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $109.45.
Keysight Technologies Company Profile
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.