Keysight Technologies Inc. [NYSE: KEYS] loss -3.33% or -3.54 points to close at $102.87 with a heavy trading volume of 1753695 shares. It opened the trading session at $105.52, the shares rose to $105.53 and dropped to $102.64, the range by which the price of stock traded the whole day. The daily chart for KEYS points out that the company has recorded 2.08% gains over the past six months. However, it is still -32.27% lower than its most recent low trading price.
If we look at the average trading volume of 2.03M shares, KEYS reached to a volume of 1753695 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Keysight Technologies Inc. [KEYS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KEYS shares is $116.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KEYS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Keysight Technologies Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 01, 2020. While these analysts kept the previous recommendation, JP Morgan raised their target price to Neutral. The new note on the price target was released on April 14, 2020, representing the official price target for Keysight Technologies Inc. stock. Previously, the target price had yet another raise to $115, while Susquehanna analysts kept a Positive rating on KEYS stock. On August 22, 2019, analysts increased their price target for KEYS shares from 82 to 100.
The Average True Range (ATR) for Keysight Technologies Inc. is set at 3.97, with the Price to Sales ratio for KEYS stock in the period of the last 12 months amounting to 4.58. The Price to Book ratio for the last quarter was 6.23, with the Price to Cash per share for the same quarter was set at 9.84. Price to Free Cash Flow for KEYS in the course of the last twelve months was 20.98 with Quick ratio for the last quarter at 2.70.
Trading performance analysis for KEYS stock
Keysight Technologies Inc. [KEYS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.80. With this latest performance, KEYS shares gained by 6.06% in over the last four-week period, additionally plugging by 2.08% over the last 6 months – not to mention a rise of 25.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KEYS stock in for the last two-week period is set at 53.20, with the RSI for the last a single of trading hit 50.20, and the three-weeks RSI is set at 53.58 for Keysight Technologies Inc. [KEYS]. The present Moving Average for the last 50 days of trading for this stock 96.22, while it was recorded at 104.90 for the last single week of trading, and 98.24 for the last 200 days.
Keysight Technologies Inc. [KEYS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Keysight Technologies Inc. [KEYS] shares currently have an operating margin of +16.48 and a Gross Margin at +59.49. Keysight Technologies Inc.’s Net Margin is presently recorded at +14.43.
Return on Total Capital for KEYS is now 15.72, given the latest momentum, and Return on Invested Capital for the company is 14.58. Return on Equity for this stock inclined to 22.84, with Return on Assets sitting at 9.98. When it comes to the capital structure of this company, Keysight Technologies Inc. [KEYS] has a Total Debt to Total Equity ratio set at 59.65. Additionally, KEYS Total Debt to Total Capital is recorded at 37.36, with Total Debt to Total Assets ending up at 27.06. Long-Term Debt to Equity for the company is recorded at 59.65, with the Long-Term Debt to Total Capital now at 37.36.
Reflecting on the efficiency of the workforce at the company, Keysight Technologies Inc. [KEYS] managed to generate an average of $45,662 per employee. Receivables Turnover for the company is 6.51 with a Total Asset Turnover recorded at a value of 0.69.Keysight Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 3.50.
Keysight Technologies Inc. [KEYS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Keysight Technologies Inc. posted 1.25/share EPS, while the average EPS was predicted by analysts to be reported at 1.02/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 22.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KEYS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Keysight Technologies Inc. go to 8.35%.
An analysis of insider ownership at Keysight Technologies Inc. [KEYS]
There are presently around $17,543 million, or 90.60% of KEYS stock, in the hands of institutional investors. The top three institutional holders of KEYS stocks are: VANGUARD GROUP INC with ownership of 21,989,717, which is approximately 2.23% of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 16,452,529 shares of the stock with an approximate value of $1.75 billion in KEYS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.54 billion in KEYS stock with ownership of nearly 2.079% of the company’s market capitalization.
322 institutional holders increased their position in Keysight Technologies Inc. [NYSE:KEYS] by around 15,881,125 shares. Additionally, 379 investors decreased positions by around 19,886,108 shares, while 88 investors held positions by with 129,097,248 shares. The mentioned changes placed institutional holdings at 164,864,481 shares, according to the latest SEC report filing. KEYS stock had 81 new institutional investments in for a total of 6,317,698 shares, while 107 institutional investors sold positions of 2,661,951 shares during the same period.