The stock price of Keysight Technologies Inc (NYSE: KEYS) has plunged by -2.28 when compared to previous closing price of 139.17, but the company has seen a -6.60% decline in its stock price over the last five trading sessions. fool.com reported 2024-07-21 that Enphase could be turning the corner, but there remains a great deal of uncertainty. 2024 will likely be a trough year for design and test solutions company Keysight Technologies.
Is It Worth Investing in Keysight Technologies Inc (NYSE: KEYS) Right Now?
Keysight Technologies Inc (NYSE: KEYS) has a price-to-earnings ratio that is above its average at 29.67x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for KEYS is 173.18M, and at present, short sellers hold a 1.69% of that float. On July 25, 2024, the average trading volume of KEYS was 1.15M shares.
KEYS’s Market Performance
KEYS stock saw a decrease of -6.60% in the past week, with a monthly decline of -0.67% and a quarterly a decrease of -7.36%. The volatility ratio for the week is 3.00%, and the volatility levels for the last 30 days are 2.15% for Keysight Technologies Inc (KEYS). The simple moving average for the last 20 days is -2.23% for KEYS stock, with a simple moving average of -6.17% for the last 200 days.
Analysts’ Opinion of KEYS
Many brokerage firms have already submitted their reports for KEYS stocks, with Vertical Research repeating the rating for KEYS by listing it as a “Buy.” The predicted price for KEYS in the upcoming period, according to Vertical Research is $175 based on the research report published on July 23, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see KEYS reach a price target of $170, previously predicting the price at $184. The rating they have provided for KEYS stocks is “Neutral” according to the report published on February 15th, 2024.
Morgan Stanley gave a rating of “Overweight” to KEYS, setting the target price at $165 in the report published on September 15th of the previous year.
KEYS Trading at -3.58% 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 -20.29% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares sank -1.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.47% lower at present.
During the last 5 trading sessions, KEYS fell by -6.60%, which changed the moving average for the period of 200-days by +5.19% in comparison to the 20-day moving average, which settled at $139.01. In addition, Keysight Technologies Inc saw -14.52% 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 POOLE LISA M., who sale 440 shares at the price of $136.45 back on Jun 17 ’24. After this action, POOLE LISA M. now owns 3,913 shares of Keysight Technologies Inc, valued at $60,038 using the latest closing price.
Stephens Kevin A, the Director of Keysight Technologies Inc, purchase 460 shares at $143.35 during a trade that took place back on May 28 ’24, which means that Stephens Kevin A is holding 7,681 shares at $65,941 based on the most recent closing price.
Stock Fundamentals for KEYS
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.64 for the gross margin
The net margin for Keysight Technologies Inc stands at 0.16. The total capital return value is set at 0.16. Equity return is now at value 16.90, with 9.18 for asset returns.
Based on Keysight Technologies Inc (KEYS), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.58. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 14.33.
Currently, EBITDA for the company is 1.65 billion with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 4.67. The receivables turnover for the company is 6.39for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.97.
Conclusion
To sum up, Keysight Technologies Inc (KEYS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
