Keysight Technologies (KEYS) to Release Quarterly Earnings on Tuesday

Keysight Technologies (NYSE:KEYS) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.69 per share and revenue of $1.28 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Keysight Technologies Stock Down 5.2 %

Shares of NYSE:KEYS opened at $175.33 on Friday. The stock’s 50-day moving average price is $169.77 and its two-hundred day moving average price is $159.97. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $186.20. The firm has a market cap of $30.32 billion, a price-to-earnings ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Morgan Stanley boosted their price target on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $182.22.

Insider Activity

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is currently owned by 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.