$1.08 EPS Expected for Keysight Technologies Inc (NYSE:KEYS) This Quarter

Wall Street analysts expect that Keysight Technologies Inc (NYSE:KEYS) will announce earnings per share (EPS) of $1.08 for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Keysight Technologies’ earnings, with the highest EPS estimate coming in at $1.08 and the lowest estimate coming in at $1.06. Keysight Technologies posted earnings per share of $0.93 during the same quarter last year, which indicates a positive year-over-year growth rate of 16.1%. The company is scheduled to report its next quarterly earnings results on Thursday, February 20th.

On average, analysts expect that Keysight Technologies will report full-year earnings of $5.19 per share for the current fiscal year, with EPS estimates ranging from $5.10 to $5.28. For the next financial year, analysts anticipate that the business will report earnings of $5.69 per share, with EPS estimates ranging from $5.62 to $5.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Keysight Technologies.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, November 26th. The scientific and technical instruments company reported $1.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.21. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Keysight Technologies had a return on equity of 29.25% and a net margin of 14.43%. Keysight Technologies’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.01 earnings per share.

Several research analysts have recently weighed in on KEYS shares. Bank of America started coverage on Keysight Technologies in a research note on Monday, November 18th. They set a “neutral” rating and a $115.00 price target for the company. Credit Suisse Group reiterated an “outperform” rating and set a $125.00 price target (up previously from $110.00) on shares of Keysight Technologies in a research note on Wednesday, November 27th. Deutsche Bank increased their price target on Keysight Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Robert W. Baird upgraded Keysight Technologies from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $82.00 to $100.00 in a research note on Thursday, August 22nd. Finally, Stifel Nicolaus increased their price target on Keysight Technologies from $112.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $109.45.

Shares of KEYS stock traded up $0.51 on Friday, hitting $107.81. 1,620,322 shares of the stock were exchanged, compared to its average volume of 1,473,775. The company has a current ratio of 3.21, a quick ratio of 2.50 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $19.37 billion, a PE ratio of 23.68, a P/E/G ratio of 2.35 and a beta of 1.27. Keysight Technologies has a one year low of $55.91 and a one year high of $110.00. The firm’s 50 day moving average is $104.59 and its two-hundred day moving average is $94.23.

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 3,500 shares of the firm’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $100.00, for a total value of $350,000.00. Following the sale, the senior vice president now owns 73,159 shares of the company’s stock, valued at approximately $7,315,900. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ronald S. Nersesian sold 109,624 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $103.80, for a total value of $11,378,971.20. Following the completion of the sale, the chief executive officer now directly owns 298,970 shares in the company, valued at approximately $31,033,086. The disclosure for this sale can be found here. In the last ninety days, insiders sold 129,075 shares of company stock worth $13,405,971. Insiders own 0.65% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the business. Nomura Holdings Inc. purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at about $355,000. Metropolitan Life Insurance Co NY raised its holdings in shares of Keysight Technologies by 33.4% during the 3rd quarter. Metropolitan Life Insurance Co NY now owns 37,169 shares of the scientific and technical instruments company’s stock valued at $3,615,000 after buying an additional 9,306 shares in the last quarter. Man Group plc raised its holdings in shares of Keysight Technologies by 312.8% during the 3rd quarter. Man Group plc now owns 836,184 shares of the scientific and technical instruments company’s stock valued at $81,319,000 after buying an additional 633,633 shares in the last quarter. Symmetry Peak Management LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at about $340,000. Finally, Voloridge Investment Management LLC raised its holdings in shares of Keysight Technologies by 270.0% during the 3rd quarter. Voloridge Investment Management LLC now owns 71,095 shares of the scientific and technical instruments company’s stock valued at $6,914,000 after buying an additional 51,880 shares in the last quarter. 88.28% of the stock is currently owned by hedge funds and other institutional investors.

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.

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