Wall Street analysts forecast that Keysight Technologies Inc (NYSE:KEYS) will post earnings of $0.91 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Keysight Technologies’ earnings, with the highest EPS estimate coming in at $0.94 and the lowest estimate coming in at $0.89. Keysight Technologies reported earnings per share of $0.71 during the same quarter last year, which would indicate a positive year-over-year growth rate of 28.2%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, December 5th.

On average, analysts expect that Keysight Technologies will report full-year earnings of $3.15 per share for the current financial year, with EPS estimates ranging from $3.13 to $3.18. For the next financial year, analysts expect that the firm will report earnings of $3.60 per share, with EPS estimates ranging from $3.55 to $3.65. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Keysight Technologies.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.10. The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $961.91 million. Keysight Technologies had a return on equity of 20.58% and a net margin of 6.50%. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 EPS.

Several research firms have recently issued reports on KEYS. Zacks Investment Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $72.00 price objective for the company in a research report on Friday, August 24th. Robert W. Baird upped their price objective on Keysight Technologies from $61.00 to $73.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 22nd. Citigroup upped their price objective on Keysight Technologies from $62.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, July 18th. Credit Suisse Group upped their price objective on Keysight Technologies from $57.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, May 31st. Finally, Deutsche Bank upped their price objective on Keysight Technologies from $66.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $68.22.

NYSE:KEYS opened at $64.14 on Friday. The stock has a market cap of $12.33 billion, a PE ratio of 28.76 and a beta of 1.05. Keysight Technologies has a 1 year low of $39.54 and a 1 year high of $70.40. The company has a quick ratio of 1.75, a current ratio of 2.42 and a debt-to-equity ratio of 0.69.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dupont Capital Management Corp purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $102,000. Qube Research & Technologies Ltd purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $120,000. Cerebellum GP LLC purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $179,000. Castleark Management LLC purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $185,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Keysight Technologies during the 2nd quarter valued at approximately $189,000. 87.55% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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