Keysight Technologies Inc (NYSE: KEYS) has a higher price-to-earnings ratio of 26.98x compared to its average ratio. KEYS has 36-month beta value of 1.05. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for KEYS is 173.12M, and currently, short sellers hold a 1.98% ratio of that float. The average trading volume of KEYS on April 19, 2024 was 1.29M shares.
KEYS) stock’s latest price update
Keysight Technologies Inc (NYSE: KEYS)’s stock price has decreased by -2.03 compared to its previous closing price of 149.93. However, the company has seen a -8.27% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-04 that Keysight’s (KEYS) Ultra-WideBand testing solution has been successfully validated for FiRa 2.0 Certification.
KEYS’s Market Performance
Keysight Technologies Inc (KEYS) has experienced a -8.27% fall in stock performance for the past week, with a -1.80% drop in the past month, and a -3.60% drop in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are at 2.07% for KEYS. The simple moving average for the last 20 days is -5.21% for KEYS stock, with a simple moving average of 0.30% for the last 200 days.
Analysts’ Opinion of KEYS
Many brokerage firms have already submitted their reports for KEYS stocks, with JP Morgan repeating the rating for KEYS by listing it as a “Neutral.” The predicted price for KEYS in the upcoming period, according to JP Morgan is $170 based on the research report published on February 15, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see KEYS reach a price target of $165. The rating they have provided for KEYS stocks is “Overweight” according to the report published on September 15th, 2023.
Goldman gave a rating of “Buy” to KEYS, setting the target price at $164 in the report published on September 05th of the previous year.
KEYS Trading at -4.85% from the 50-Day Moving Average
After a stumble in the market that brought KEYS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.95% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -2.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.82% lower at present.
During the last 5 trading sessions, KEYS fell by -8.27%, which changed the moving average for the period of 200-days by -12.03% in comparison to the 20-day moving average, which settled at $154.77. In addition, Keysight Technologies Inc saw -7.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KEYS starting from NARAYANAN KAILASH, who sale 4,300 shares at the price of $152.88 back on Mar 26 ’24. After this action, NARAYANAN KAILASH now owns 29,156 shares of Keysight Technologies Inc, valued at $657,384 using the latest closing price.
Nersesian Ronald S., the Director of Keysight Technologies Inc, sale 29,672 shares at $159.82 during a trade that took place back on Dec 27 ’23, which means that Nersesian Ronald S. is holding 296,619 shares at $4,742,179 based on the most recent closing price.
Stock Fundamentals for KEYS
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.65 for the gross margin
The net margin for Keysight Technologies Inc stands at 0.18. The total capital return value is set at 0.18. Equity return is now at value 21.02, with 11.07 for asset returns.
Based on Keysight Technologies Inc (KEYS), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 31.85.
Currently, EBITDA for the company is 1.65 billion with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 4.86. The receivables turnover for the company is 6.61for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.93.
Conclusion
To put it simply, Keysight Technologies Inc (KEYS) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
