Keysight Technologies (NYSE:KEYS) Sets New 52-Week High – Still a Buy?

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $338.00 and last traded at $335.5010, with a volume of 1353948 shares changing hands. The stock had previously closed at $334.34.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of Keysight Technologies from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $300.00 to $360.00 and gave the stock an “overweight” rating in a research report on Thursday. Citigroup lifted their price target on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, March 23rd. The Goldman Sachs Group upped their price target on shares of Keysight Technologies from $322.00 to $384.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Finally, Susquehanna reiterated a “positive” rating and set a $300.00 price objective on shares of Keysight Technologies in a research note on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $314.33.

Read Our Latest Report on Keysight Technologies

Keysight Technologies Price Performance

The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41. The company has a 50 day simple moving average of $284.16 and a 200-day simple moving average of $226.17. The stock has a market cap of $57.36 billion, a price-to-earnings ratio of 60.26, a PEG ratio of 2.44 and a beta of 1.15.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued its earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, topping the consensus estimate of $2.00 by $0.17. Keysight Technologies had a return on equity of 19.26% and a net margin of 16.84%.The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the firm earned $1.82 EPS. The business’s revenue was up 23.3% on a year-over-year basis. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, research analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $237.68, for a total value of $475,360.00. Following the transaction, the senior vice president directly owned 107,861 shares in the company, valued at approximately $25,636,402.48. This trade represents a 1.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 2,000 shares of Keysight Technologies stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $297.19, for a total transaction of $594,380.00. Following the completion of the transaction, the senior vice president directly owned 34,499 shares of the company’s stock, valued at $10,252,757.81. This trade represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 40,334 shares of company stock valued at $11,533,230 over the last quarter. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Large investors have recently bought and sold shares of the business. Aspen Capital Management LLC bought a new position in shares of Keysight Technologies during the first quarter valued at approximately $262,000. Fifth Third Wealth Advisors LLC increased its position in Keysight Technologies by 20.0% in the first quarter. Fifth Third Wealth Advisors LLC now owns 1,691 shares of the scientific and technical instruments company’s stock worth $477,000 after buying an additional 282 shares during the period. OP Asset Management Ltd acquired a new position in shares of Keysight Technologies during the first quarter valued at $5,010,000. Banque Cantonale Vaudoise grew its position in shares of Keysight Technologies by 13.8% during the first quarter. Banque Cantonale Vaudoise now owns 2,808 shares of the scientific and technical instruments company’s stock worth $793,000 after acquiring an additional 341 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Keysight Technologies by 3.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 343,024 shares of the scientific and technical instruments company’s stock valued at $96,860,000 after purchasing an additional 10,427 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

(Get Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

Read More

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.