Keysight Technologies (NYSE:KEYS) Sets New 52-Week High – Here’s What Happened
by Mitch Edgeman · The Markets DailyKeysight Technologies Inc. (NYSE:KEYS – Get Free Report) shares reached a new 52-week high during trading on Wednesday. The stock traded as high as $389.93 and last traded at $387.9340, with a volume of 1479720 shares. The stock had previously closed at $384.17.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Susquehanna lifted their price target on Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a research note on Wednesday, August 19th. Citigroup reiterated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, August 19th. Robert W. Baird increased their price objective on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings upgraded shares of Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $401.42.
Get Our Latest Stock Analysis on Keysight Technologies
Keysight Technologies Stock Performance
The business has a fifty day moving average of $340.38 and a 200-day moving average of $334.19. The company has a market cap of $63.75 billion, a PE ratio of 51.44, a P/E/G ratio of 1.20 and a beta of 1.17. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Equities research analysts anticipate that Keysight Technologies Inc. will post 10.33 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Keysight Technologies news, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $340.79, for a total value of $681,580.00. Following the completion of the transaction, the chief financial officer owned 123,390 shares in the company, valued at approximately $42,050,078.10. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jean Mcclung Nye sold 3,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the transaction, the director directly owned 35,752 shares of the company’s stock, valued at $11,412,753.44. This represents a 7.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,200 shares of company stock valued at $4,082,752 over the last 90 days. 0.40% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Keysight Technologies during the second quarter worth about $7,030,806,000. State Street Corp increased its stake in shares of Keysight Technologies by 3.4% during the second quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock valued at $2,895,327,000 after purchasing an additional 273,042 shares in the last quarter. Amundi increased its stake in shares of Keysight Technologies by 12.1% during the first quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock valued at $628,065,000 after purchasing an additional 240,167 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Keysight Technologies by 4.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company’s stock valued at $581,248,000 after purchasing an additional 90,263 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Keysight Technologies by 1.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,550,122 shares of the scientific and technical instruments company’s stock valued at $437,708,000 after purchasing an additional 20,325 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.
About Keysight Technologies
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.
The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.
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