Keysight Technologies Inc (NYSE:KEYS) SVP Stephen D. Williams sold 12,296 shares of the stock in a transaction on Friday, December 29th. The stock was sold at an average price of $41.79, for a total transaction of $513,849.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Keysight Technologies Inc (NYSE KEYS) traded up $0.60 during trading on Wednesday, reaching $42.75. 606,847 shares of the company’s stock were exchanged, compared to its average volume of 631,400. The company has a market cap of $8,010.00, a price-to-earnings ratio of 71.25 and a beta of 1.18. Keysight Technologies Inc has a 1-year low of $35.05 and a 1-year high of $45.65. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.94 and a current ratio of 2.66.
Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. The business had revenue of $878.00 million for the quarter, compared to analyst estimates of $891.55 million. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company’s revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. sell-side analysts expect that Keysight Technologies Inc will post 2.53 earnings per share for the current year.
Several equities analysts recently commented on KEYS shares. Jefferies Group reaffirmed a “buy” rating and set a $52.00 target price on shares of Keysight Technologies in a report on Friday, October 20th. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $48.00 target price on shares of Keysight Technologies in a report on Friday, October 6th. TheStreet raised shares of Keysight Technologies from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. Finally, BidaskClub raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $47.60.
About Keysight Technologies
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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