Factors Likely to Have Influenced Earnings Results Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS)

Earnings results for Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJul 2020 , the consensus EPS* forecast has remained the same over the past week at 0.75 and remained the same over the past month at 0.75. none raised and none lowered their forecast. For the fiscal year ending Oct 2020 , the consensus EPS* forecast has remained the same over the past week at 3.79 and decreased over the past month from 3.8 to 3.79(0.26%). none raised and none lowered their forecast.

Keysight Technologies last announced its earnings results on May 26th, 2020. The scientific and technical instruments company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by $0.15. The business had revenue of $892 million for the quarter, compared to analyst estimates of $1.03 billion. Its revenue for the quarter was down 18.4% on a year-over-year basis. Keysight Technologies has generated $4.33 earnings per share over the last year and currently has a price-to-earnings ratio of 33.3. Keysight Technologies has confirmed that its next quarterly earnings report will be published on Thursday, August 20th, 2020.

Analyst Opinion on Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS)

10 Wall Street analysts have issued ratings and price targets for Keysight Technologies in the last 12 months. Their average twelve-month price target is $119.89, predicting that the stock has a possible upside of 16.75%. The high price target for KEYS is $130.00 and the low price target for KEYS is $100.00. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Keysight Technologies has received a consensus rating of Buy. The company’s average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $119.89, Keysight Technologies has a forecasted upside of 16.7% from its current price of $102.69. Keysight Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS)

Keysight Technologies does not currently pay a dividend. Keysight Technologies does not have a long track record of dividend growth.

Insiders buying/selling: Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS)

In the past three months, Keysight Technologies insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,968,247.00 in company stock. Only 0.42% of the stock of Keysight Technologies is held by insiders. 86.89% of the stock of Keysight Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Keysight Technologies Stock Forecast, Price & News (NYSE:KEYS

Earnings for Keysight Technologies are expected to grow by 25.33% in the coming year, from $3.79 to $4.75 per share. The P/E ratio of Keysight Technologies is 33.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.39. The P/E ratio of Keysight Technologies is 33.34, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.17. Keysight Technologies has a PEG Ratio of 3.04. PEG Ratios above 1 indicate that a company could be overvalued. Keysight Technologies has a P/B Ratio of 6.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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