Keysight Technologies Inc (KEYS) Shares Down Despite Recent Market Volatility

Keysight Technologies Inc (NYSE: KEYS)’s stock price has gone decline by -1.53 in comparison to its previous close of 172.26, however, the company has experienced a 0.60% increase in its stock price over the last five trading days. zacks.com reported 2024-12-02 that Keysight is making advancements in obtaining the necessary regulatory approval to complete its acquisition of Spirent Communications by April 2025.

Is It Worth Investing in Keysight Technologies Inc (NYSE: KEYS) Right Now?

The price-to-earnings ratio for Keysight Technologies Inc (NYSE: KEYS) is above average at 48.49x, Company’s 36-month beta value is 1.01.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for KEYS is 172.08M, and currently, short sellers hold a 1.85% ratio of that floaft. The average trading volume of KEYS on December 06, 2024 was 1.12M shares.

KEYS’s Market Performance

KEYS stock saw an increase of 0.60% in the past week, with a monthly gain of 9.52% and a quarterly increase of 18.53%. The volatility ratio for the week is 1.77%, and the volatility levels for the last 30 days are 2.47% for Keysight Technologies Inc (KEYS). The simple moving average for the last 20 days is 3.02% for KEYS’s stock, with a simple moving average of 13.83% for the last 200 days.

Analysts’ Opinion of KEYS

Many brokerage firms have already submitted their reports for KEYS stocks, with Barclays repeating the rating for KEYS by listing it as a “Overweight.” The predicted price for KEYS in the upcoming period, according to Barclays is $180 based on the research report published on November 04, 2024 of the current year 2024.

Vertical Research, on the other hand, stated in their research note that they expect to see KEYS reach a price target of $175. The rating they have provided for KEYS stocks is “Buy” according to the report published on July 23rd, 2024.

JP Morgan gave a rating of “Neutral” to KEYS, setting the target price at $170 in the report published on February 15th of the current year.

KEYS Trading at 6.29% 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 -3.28% of loss for the given period.

Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +4.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.07% upper at present.

During the last 5 trading sessions, KEYS rose by +0.60%, which changed the moving average for the period of 200-days by +17.77% in comparison to the 20-day moving average, which settled at $164.66. In addition, Keysight Technologies Inc saw 6.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at KEYS starting from Nersesian Ronald S., who sale 41,911 shares at the price of $170.41 back on Dec 03 ’24. After this action, Nersesian Ronald S. now owns 236,805 shares of Keysight Technologies Inc, valued at $7,142,221 using the latest closing price.

Gooi Soon Chai, the SVP of Keysight Technologies Inc, sale 18,212 shares at $171.34 during a trade that took place back on Dec 03 ’24, which means that Gooi Soon Chai is holding 230,787 shares at $3,120,426 based on the most recent closing price.

Stock Fundamentals for KEYS

Current profitability levels for the company are sitting at:

  • 0.18 for the present operating margin
  • 0.63 for the gross margin

The net margin for Keysight Technologies Inc stands at 0.17. The total capital return value is set at 0.08. Equity return is now at value 12.58, with 6.84 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 0.53. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 10.74.

Currently, EBITDA for the company is 1.65 billion with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 8.02. The receivables turnover for the company is 4.32for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.98.

Conclusion

In a nutshell, Keysight Technologies Inc (KEYS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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