Keysight Technologies (NYSE:KEYS – Get Free Report) released its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22, Briefing.com reports. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the company posted $2.04 earnings per share. The firm’s quarterly revenue was down 11.9% on a year-over-year basis. Keysight Technologies updated its Q4 guidance to $1.53-1.59 EPS and its Q4 2024 guidance to 1.530-1.590 EPS.
Keysight Technologies Stock Performance
Shares of KEYS stock traded down $1.92 during mid-day trading on Thursday, reaching $155.89. The stock had a trading volume of 378,312 shares, compared to its average volume of 1,248,401. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. Keysight Technologies has a 1-year low of $118.57 and a 1-year high of $162.51. The firm has a market cap of $27.21 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 4.58 and a beta of 0.95. The business’s fifty day moving average is $135.72 and its 200-day moving average is $145.43.
Insider Activity at Keysight Technologies
In related news, Director Kevin A. Stephens purchased 460 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were bought at an average cost of $143.35 per share, with a total value of $65,941.00. Following the transaction, the director now owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the transaction, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kevin A. Stephens bought 460 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the completion of the transaction, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the stock is owned by insiders.
Analysts Set New Price Targets
Read Our Latest Analysis on Keysight Technologies
About Keysight Technologies
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.
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