Keysight Technologies (NYSE:KEYS) Shares Break Below Two Hundred Day Moving Average – Here’s Why

Keysight Technologies Inc. (NYSE:KEYS) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $315.35 and traded as low as $301.02. Keysight Technologies shares last traded at $306.91, with a volume of 1,904,675 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $390.00 to $405.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $400.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Susquehanna raised their price target on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a report on Wednesday, August 19th. The Goldman Sachs Group increased their price objective on Keysight Technologies from $452.00 to $487.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Finally, Barclays raised their price objective on Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $401.42.

Keysight Technologies Stock Down 7.0%

The company has a quick ratio of 1.62, a current ratio of 2.02 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $52.25 billion, a price-to-earnings ratio of 42.16, a P/E/G ratio of 0.97 and a beta of 1.17. The business’s 50-day moving average is $340.91 and its 200-day moving average is $315.35.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.75 billion. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%. The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period last year, the firm earned $1.72 EPS. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. As a group, equities analysts predict that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.

Insider Buying and Selling at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 3,000 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total transaction of $1,092,390.00. Following the sale, the chief executive officer owned 118,391 shares in the company, valued at approximately $43,109,714.83. This trade represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction on Friday, September 4th. The shares were sold at an average price of $326.10, for a total transaction of $652,200.00. Following the completion of the transaction, the senior vice president directly owned 101,861 shares of the company’s stock, valued at $33,216,872.10. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 12,200 shares of company stock worth $4,082,752. 0.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds have recently modified their holdings of KEYS. Fiduciary Financial Advisors acquired a new stake in shares of Keysight Technologies during the second quarter worth about $28,000. IMG Wealth Management Inc. purchased a new stake in Keysight Technologies during the 2nd quarter worth approximately $29,000. Hughes Financial Services LLC increased its stake in Keysight Technologies by 453.3% during the 3rd quarter. Hughes Financial Services LLC now owns 83 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 68 shares during the period. Cornerstone Planning Group LLC lifted its holdings in Keysight Technologies by 36.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in Keysight Technologies in the 3rd quarter valued at approximately $32,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

About Keysight Technologies

Keysight Technologies, Inc (NYSE: KEYS) provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.

The company’s product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.