Keysight Technologies Inc (KEYS) Shares Decline Despite Market Challenges

The stock of Keysight Technologies Inc (NYSE: KEYS) has decreased by -0.22 when compared to last closing price of 160.21.Despite this, the company has seen a loss of -5.05% in its stock price over the last five trading days. prnewswire.com reported 2024-12-18 that All residents at 606 West 42nd Street, a multi-family housing location in New York City, are able to access the building, their units, and amenities with a simple tap of an iPhone or Apple Watch NEW YORK, Dec. 18, 2024 /PRNewswire/ — Silverstein Properties, a leading real estate development, investment, and management firm, and its partners SwiftConnect, Allegion, and Kastle, today announced they are live with resident keys in Apple Wallet for all apartment units at a multi-family housing location: Silverstein’s Silver Towers residential property at 606 West 42nd Street in New York City. Silverstein’s residential tenants now have an easy and secure way to add a resident key to Apple Wallet to access the apartment building and unlock their homes with a simple tap of an iPhone or Apple Watch—thus eliminating the need to use a traditional, physical key.

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

Keysight Technologies Inc (NYSE: KEYS) has a price-to-earnings ratio of 45.69x that is above its average ratio. Additionally, the 36-month beta value for KEYS is 1.02. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

The public float for KEYS is 171.81M and currently, short sellers hold a 1.71% ratio of that float. The average trading volume of KEYS on December 20, 2024 was 1.18M shares.

KEYS’s Market Performance

KEYS’s stock has seen a -5.05% decrease for the week, with a 5.07% rise in the past month and a 4.87% gain in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 2.42% for Keysight Technologies Inc The simple moving average for the last 20 days is -5.45% for KEYS’s stock, with a simple moving average of 6.79% 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 “Overweight.” The predicted price for KEYS in the upcoming period, according to JP Morgan is $200 based on the research report published on December 16, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see KEYS reach a price target of $180, previously predicting the price at $158. The rating they have provided for KEYS stocks is “Overweight” according to the report published on November 04th, 2024.

Vertical Research gave a rating of “Buy” to KEYS, setting the target price at $175 in the report published on July 23rd of the current year.

KEYS Trading at -1.15% 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 -8.86% of loss for the given period.

Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -3.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.

During the last 5 trading sessions, KEYS fell by -5.05%, which changed the moving average for the period of 200-days by +1.72% in comparison to the 20-day moving average, which settled at $169.06. In addition, Keysight Technologies Inc saw 0.48% 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 Li Jeffrey K, who sale 4,412 shares at the price of $171.92 back on Dec 04 ’24. After this action, Li Jeffrey K now owns 30,637 shares of Keysight Technologies Inc, valued at $758,511 using the latest closing price.

Nersesian Ronald S., the Director of Keysight Technologies Inc, sale 41,911 shares at $170.41 during a trade that took place back on Dec 03 ’24, which means that Nersesian Ronald S. is holding 236,805 shares at $7,142,221 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 0.52. 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 833.0 million with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 7.56. 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 conclusion, Keysight Technologies Inc (KEYS) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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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