$0.79 EPS Expected for Keysight Technologies Inc (KEYS) This Quarter

Equities analysts expect Keysight Technologies Inc (NYSE:KEYS) to post earnings of $0.79 per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Keysight Technologies’ earnings. The highest EPS estimate is $0.81 and the lowest is $0.77. Keysight Technologies posted earnings per share of $0.51 in the same quarter last year, which would suggest a positive year-over-year growth rate of 54.9%. The firm is scheduled to issue its next quarterly earnings report after the market closes on Thursday, February 21st.

On average, analysts expect that Keysight Technologies will report full year earnings of $3.77 per share for the current fiscal year, with EPS estimates ranging from $3.70 to $3.84. For the next year, analysts expect that the company will post earnings of $4.21 per share, with EPS estimates ranging from $4.15 to $4.29. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Keysight Technologies.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a net margin of 4.25% and a return on equity of 22.80%. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the company posted $0.71 EPS. The firm’s revenue was up 19.7% compared to the same quarter last year.

Several brokerages have commented on KEYS. Zacks Investment Research cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday, February 15th. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 28th. TheStreet cut shares of Keysight Technologies from an “a-” rating to a “c+” rating in a research report on Tuesday, November 20th. Finally, Jefferies Financial Group lifted their price objective on shares of Keysight Technologies from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, November 21st. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $73.44.

KEYS stock traded up $0.42 during midday trading on Wednesday, hitting $81.08. The company’s stock had a trading volume of 1,883,460 shares, compared to its average volume of 1,817,998. The company has a quick ratio of 1.20, a current ratio of 1.63 and a debt-to-equity ratio of 0.53. Keysight Technologies has a 52-week low of $45.31 and a 52-week high of $81.65. The stock has a market capitalization of $15.09 billion, a PE ratio of 27.03 and a beta of 1.13.

In related news, insider Ronald S. Nersesian sold 96,898 shares of the business’s stock in a transaction on Monday, November 26th. The shares were sold at an average price of $57.84, for a total value of $5,604,580.32. Following the completion of the sale, the insider now directly owns 314,669 shares of the company’s stock, valued at $18,200,454.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Ingrid A. Estrada sold 15,462 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $62.26, for a total transaction of $962,664.12. Following the completion of the sale, the senior vice president now directly owns 92,121 shares of the company’s stock, valued at $5,735,453.46. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 249,925 shares of company stock valued at $14,923,747. Corporate insiders own 0.65% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in KEYS. Kaizen Advisory LLC acquired a new position in Keysight Technologies in the fourth quarter valued at $32,000. Sun Life Financial INC acquired a new position in Keysight Technologies in the fourth quarter valued at $32,000. Parkside Financial Bank & Trust increased its stake in Keysight Technologies by 41.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 154 shares during the period. Guardian Life Insurance Co. of America acquired a new position in Keysight Technologies in the fourth quarter valued at $33,000. Finally, Lindbrook Capital LLC acquired a new position in Keysight Technologies in the fourth quarter valued at $34,000. 84.73% of the stock is 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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