Taking everything into account, Keysight Technologies, Inc. (NYSE:KEYS) scores 96% Buy on the technical side. The stock is also flashing a Buy from the Barchart TrendSpotter trading system. Traders hoping to speculate on the KEYS’s short-term trajectory should know that short terms indicators for the stock averaged 80% Buy with an average daily trading volume over the past 20 days at 1985865 shares. KEYS stock has overall a 1% Buy signal considering medium term indicators and the 50-day average daily volume remained almost 1716906 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was shares, is 100% Buy on the basis of long term indicators.
The share price is currently staying around the first support level of $77.24. Below this, the next support is placed in the zone of $76.48. Till the time, the KEYS stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 77.53 on daily chart, which may remain a cause for concern. If the price breaks below $76.48 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $78.53 mark may result into a pull-back move towards $79.06 level.
Keysight Technologies, Inc. (KEYS) is projected to climb by -3.37 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $86 price as 12-month high target. This represents a whopping 10.24 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $75, which represents a return potential of -3.86 percent when compared to the closing price of the stock of $78.01 on Monday, February 11. The lowest price target for the stock is $73 — slightly more than -6.42 percent from KEYS’s current share price.
Here’s a rundown of insider trading activity for sense of Keysight Technologies, Inc. (NYSE:KEYS). The earliest insider trade took place on 12/19/2018. Dhanasekaran Satish parted with a total of 1.35 thousand shares of company at average share price of $61.54. The total for the sales was set at $83.33 thousand. After this transaction, the SVP account balance stood at 29.34 thousand shares. The stock grew 26.76 percent since that insider sale. On 12/14/2018, Gooi Soon Chai, SVP, sold 28.06 thousand shares at a price per share of $61.06. This removed 1.71 million shares from the insider’s fortune and the stock saw a 27.76 percent rally in value since the news became public. This transaction left 207.68 thousand shares in the SVP account. On 12/03/2018, SVP Estrada Ingrid A performed a sale transaction worth $962.66 thousand. This sale at $62.26 each has eliminated 15.46 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 25.3 percent increase since the transaction was reported. The insider now is left with 76.66 thousand shares remaining in the account. Alexander Jay, who performs the SVP job, sold 12.37 thousand shares for $775.41 thousand. The disposal occurred on 12/03/2018 was priced at $62.69 per share. The share price soared 24.44 percent since the reporting date. Alexander Jay now left with a stake of 76.63 thousand KEYS stock worth $5.98 million after the insider selling.
KEYS shares accumulated 1.15 points or 1.5 percent on Monday to $78.01 with a heavy trade volume of 1.841 million shares. After opening the session at $77.13, the shares went as high as $78.29 and as low as $77, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $14.6 billion and now has 187 million shares outstanding. Keysight Technologies, Inc. (KEYS) stock has gained 15.98 percent of market value in 21 trading days.
Analysts at Stifel, assumed coverage of Keysight Technologies, Inc. (NYSE:KEYS) with Buy recommendation, according to their opinion released on October 23. Goldman analysts bumped their recommendation on KEYS stock from Neutral to Buy in a separate flash note to investors on October 18.
KEYS stock has a trailing 3-year beta of 1.15, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.7 a share in the trailing twelve months. The stock’s value has surged 25.66 percent year to date (YTD) against a rise of 78.06 percent in 12 month’s time. The company’s shares still trade 1.2 percent away from its 1-year high of $77.08 and 85.16 percent up from 52-week low of $42.13. The average consensus rating on the company is 1.4, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.
Shares of Keysight Technologies, Inc. (KEYS) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry KEYS operates in has an average P/E of 18.7. Its P/E ratio went as low as 11.03X and as high as 79.71 over the 5-year span. Further, it is sporting a 3.76 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.87. 54.9 percent is the gross profit margin for Keysight Technologies, Inc. and operating margin sits at -8.9 percent. Along with this, the net profit margin is 4.3 percent.
KEYS will be declaring its Q1 financial results on February 21. Analysts are forecasting revenue to climb 14.9 percent to $983M in the next fiscal quarter, while earnings are seen soaring by nearly 56.86 percent to $0.8 per share. History has shown that shares in Keysight Technologies, Inc. have gone up on 11 different earnings reaction days and are predicted to add 0.05 percent when the company reports upcoming earnings. In last reported earnings results, it earned $1.01 per share, better than the $0.91, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1.05B, better than the $1.02B analysts expected. Earnings are estimated to increase by -220.5 percent this year, 12.6 percent next year and continue to increase by 18.35 percent annually for the next 5 years.