After finishing at $152.08 in the prior trading day, Keysight Technologies Inc (NYSE: KEYS) closed at $151.97, down -0.07%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1390257 shares were traded. KEYS stock price reached its highest trading level at $153.27 during the session, while it also had its lowest trading level at $151.12.
Ratios:
Our goal is to gain a better understanding of KEYS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 15, 2024, Downgraded its rating to Neutral and sets its target price to $170 from $184 previously.
On September 15, 2023, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $165.
Goldman Upgraded its Neutral to Buy on September 05, 2023, whereas the target price for the stock was revised from $146 to $164.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 27 ’23 when Nersesian Ronald S. sold 29,672 shares for $159.82 per share. The transaction valued at 4,742,179 led to the insider holds 296,619 shares of the business.
Dougherty Neil sold 14,686 shares of KEYS for $2,340,214 on Dec 15 ’23. The EVP and CFO now owns 106,793 shares after completing the transaction at $159.35 per share. On Dec 15 ’23, another insider, NARAYANAN KAILASH, who serves as the SVP of the company, sold 1,006 shares for $159.16 each. As a result, the insider received 160,117 and left with 33,456 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KEYS now has a Market Capitalization of 26.53B and an Enterprise Value of 26.84B. As of this moment, Keysight’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.91, and their Forward P/E ratio for the next fiscal year is 20.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.97 while its Price-to-Book (P/B) ratio in mrq is 5.52. Its current Enterprise Value per Revenue stands at 5.02 whereas that against EBITDA is 17.19.
Stock Price History:
Over the past 52 weeks, KEYS has reached a high of $172.72, while it has fallen to a 52-week low of $118.57. The 50-Day Moving Average of the stock is 154.08, while the 200-Day Moving Average is calculated to be 147.47.
Shares Statistics:
The stock has traded on average 1.28M shares per day over the past 3-months and 1.21M shares per day over the last 10 days, according to various share statistics. A total of 174.60M shares are outstanding, with a floating share count of 173.13M. Insiders hold about 0.82% of the company’s shares, while institutions hold 87.07% stake in the company. Shares short for KEYS as of Feb 29, 2024 were 3.06M with a Short Ratio of 2.39, compared to 2.77M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.76% and a Short% of Float of 2.28%.
Earnings Estimates
Its stock is currently analyzed by 12 different market analysts. On average, analysts expect EPS of $1.38 for the current quarter, with a high estimate of $1.4 and a low estimate of $1.37, while EPS last year was $2.12. The consensus estimate for the next quarter is $1.45, with high estimates of $1.52 and low estimates of $1.34.
Analysts are recommending an EPS of between $6.55 and $5.89 for the fiscal current year, implying an average EPS of $6.14. EPS for the following year is $7.37, with 13 analysts recommending between $8.05 and $6.75.
Revenue Estimates
A total of 14 analysts have provided revenue estimates for KEYS’s current fiscal year. The highest revenue estimate was $5.22B, while the lowest revenue estimate was $4.91B, resulting in an average revenue estimate of $4.96B. In the same quarter a year ago, actual revenue was $5.46B, down -9.20% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $5.31B in the next fiscal year. The high estimate is $5.61B and the low estimate is $5.12B. The average revenue growth estimate for next year is up 7.10% from the average revenue estimate for this year.
