Zacks Research Has Negative Outlook of KEYS FY2027 Earnings

Keysight Technologies, Inc. (NYSE:KEYS - Free Report) - Analysts at Zacks Research decreased their FY2027 earnings per share (EPS) estimates for shares of Keysight Technologies in a research report issued on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will post earnings of $8.75 per share for the year, down from their previous estimate of $8.76. The consensus estimate for Keysight Technologies' current full-year earnings is $6.43 per share.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $170.00 to $200.00 in a research note on Monday. Susquehanna restated a "positive" rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Morgan Stanley increased 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Finally, Robert W. Baird raised their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Keysight Technologies has an average rating of "Moderate Buy" and a consensus target price of $180.80.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded up $3.37 on Friday, reaching $163.22. 4,499,813 shares of the stock were exchanged, compared to its average volume of 1,218,620. The business has a 50 day moving average price of $161.92 and a two-hundred day moving average price of $149.13. The firm has a market capitalization of $28.27 billion, a price-to-earnings ratio of 46.63, a PEG ratio of 2.15 and a beta of 1.00. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company's stock, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the company's stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, 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. Insiders sold 27,063 shares of company stock worth $4,603,201 over the last three months. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Keysight Technologies

A number of institutional investors have recently made changes to their positions in KEYS. Cromwell Holdings LLC grew its stake in Keysight Technologies by 15.9% during the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock valued at $87,000 after acquiring an additional 75 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Keysight Technologies by 3.9% in the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock valued at $317,000 after purchasing an additional 75 shares during the last quarter. Diversified LLC lifted its position in Keysight Technologies by 3.6% during the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company's stock worth $309,000 after buying an additional 78 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Keysight Technologies by 0.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company's stock worth $2,826,000 after acquiring an additional 82 shares during the period. Finally, HB Wealth Management LLC boosted its holdings in Keysight Technologies by 3.4% in the 2nd quarter. HB Wealth Management LLC now owns 2,804 shares of the scientific and technical instruments company's stock valued at $383,000 after purchasing an additional 92 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

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.