Keysight Technologies (KEYS) Set to Announce Earnings on Tuesday

Keysight Technologies (NYSE:KEYS - Get Free Report) will release 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 - Get Free Report) last issued its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping 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 return on equity of 21.01% and a net margin of 18.24%. The company's quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.04 EPS. 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 1.5 %

Shares of Keysight Technologies stock traded down $2.49 during midday trading on Tuesday, hitting $161.25. The company's stock had a trading volume of 743,206 shares, compared to its average volume of 1,172,903. The firm has a market capitalization of $27.98 billion, a P/E ratio of 31.01, a PEG ratio of 4.89 and a beta of 0.98. The stock has a 50-day simple moving average of $154.75 and a 200-day simple moving average of $145.79. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $166.28.

Insiders Place Their Bets

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value 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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.60% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Robert W. Baird decreased their target price on Keysight Technologies from $167.00 to $160.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. 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. Bank of America lifted their price objective on Keysight Technologies from $135.00 to $150.00 and gave the company an "underperform" rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a research report on Wednesday, August 21st. Finally, Vertical Research assumed coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a "buy" rating and a $175.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $170.89.

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.