Analysts expect that Keysight Technologies Inc (NYSE:KEYS) will post $806.67 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Keysight Technologies’ earnings, with the lowest sales estimate coming in at $800.00 million and the highest estimate coming in at $810.00 million. Keysight Technologies reported sales of $726.00 million in the same quarter last year, which would suggest a positive year over year growth rate of 11.1%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 15th.

According to Zacks, analysts expect that Keysight Technologies will report full-year sales of $806.67 million for the current year, with estimates ranging from $3.56 billion to $3.63 billion. For the next year, analysts anticipate that the firm will report sales of $3.82 billion per share, with estimates ranging from $3.76 billion to $3.88 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Keysight Technologies.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.12. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company had revenue of $878.00 million during the quarter, compared to analyst estimates of $891.55 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year.

A number of analysts recently weighed in on the stock. BidaskClub lowered shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Jefferies Group reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Keysight Technologies in a research note on Friday, October 20th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $43.00 price objective on shares of Keysight Technologies in a research note on Friday, December 8th. Finally, TheStreet raised shares of Keysight Technologies from a “c” rating to a “b-” rating in a research note on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Keysight Technologies has an average rating of “Buy” and a consensus price target of $47.60.

In other Keysight Technologies news, insider Ronald S. Nersesian sold 75,314 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $43.06, for a total value of $3,243,020.84. Following the completion of the transaction, the insider now directly owns 356,816 shares in the company, valued at $15,364,496.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ronald S. Nersesian sold 58,931 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $41.64, for a total transaction of $2,453,886.84. The disclosure for this sale can be found here. Insiders sold 144,088 shares of company stock valued at $6,110,707 over the last quarter. 1.23% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. increased its holdings in shares of Keysight Technologies by 52.4% during the second quarter. Russell Investments Group Ltd. now owns 50,069 shares of the scientific and technical instruments company’s stock valued at $1,950,000 after acquiring an additional 17,214 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of Keysight Technologies by 9.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 560,259 shares of the scientific and technical instruments company’s stock valued at $21,811,000 after acquiring an additional 49,640 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in shares of Keysight Technologies by 7.6% during the second quarter. State of Wisconsin Investment Board now owns 36,806 shares of the scientific and technical instruments company’s stock valued at $1,433,000 after acquiring an additional 2,590 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Keysight Technologies by 79.1% during the second quarter. Prudential Financial Inc. now owns 270,215 shares of the scientific and technical instruments company’s stock valued at $10,520,000 after acquiring an additional 119,350 shares in the last quarter. Finally, Utah Retirement Systems increased its holdings in shares of Keysight Technologies by 8.0% during the second quarter. Utah Retirement Systems now owns 33,767 shares of the scientific and technical instruments company’s stock valued at $1,314,000 after acquiring an additional 2,498 shares in the last quarter. Institutional investors and hedge funds own 88.28% of the company’s stock.

Keysight Technologies (KEYS) traded up $0.55 during trading hours on Wednesday, reaching $42.15. 656,000 shares of the company were exchanged, compared to its average volume of 645,200. Keysight Technologies has a 52 week low of $35.05 and a 52 week high of $45.65. The stock has a market capitalization of $7,880.00, a price-to-earnings ratio of 70.25 and a beta of 1.18. The company has a current ratio of 2.66, a quick ratio of 1.94 and a debt-to-equity ratio of 0.88.

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Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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