Zacks Research Has Bearish Estimate for KEYS FY2027 Earnings

Keysight Technologies, Inc. (NYSE:KEYS) – Equities researchers at Zacks Research lowered their FY2027 EPS estimates for Keysight Technologies in a research note issued to investors on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will post earnings per share of $8.75 for the year, down from their previous estimate of $8.76. The consensus estimate for Keysight Technologies’ current full-year earnings is $6.43 per share.

Several other equities analysts have also recently weighed in on the company. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Barclays raised their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Bank of America raised their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Down 0.2 %

NYSE KEYS opened at $159.85 on Friday. The company has a market cap of $27.68 billion, a price-to-earnings ratio of 45.67, a PEG ratio of 2.15 and a beta of 1.00. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $161.92 and a 200-day moving average of $149.13.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies during the second quarter worth about $27,000. Truvestments Capital LLC acquired a new stake in Keysight Technologies during the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the 3rd quarter worth approximately $29,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies in the 2nd quarter worth approximately $30,000. Finally, American National Bank & Trust bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $31,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,063 shares of company stock valued at $4,603,201. 0.60% of the stock is currently owned by insiders.

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.