Keysight Technologies Inc. [KEYS] is -4.74% lower this YTD. Is it still time to buy?

Keysight Technologies Inc. [NYSE: KEYS] loss -0.38% or -0.37 points to close at $97.77 with a heavy trading volume of 1098388 shares. The company report on August 6, 2020 that Keysight Works with Qualcomm to Enable the Global Certification Forum to Activate Certification of C-V2X Test Plan.

Keysight’s conformance test solution offers unique support for radio frequency and radio resource management performance validation of C-V2X devices.

Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, and Qualcomm Technologies Inc., have enabled the Global Certification Forum (GCF) to activate certification of a cellular vehicle-to-everything communications (C-V2X) test plan.

It opened the trading session at $98.15, the shares rose to $98.42 and dropped to $96.66, the range by which the price of stock traded the whole day. The daily chart for KEYS points out that the company has recorded 3.41% gains over the past six months. However, it is still -25.46% lower than its most recent low trading price.

If we look at the average trading volume of 1.82M shares, KEYS reached to a volume of 1098388 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 $117.09 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 1.90. 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.

Edward Jones have made an estimate for Keysight Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 04, 2020. The new note on the price target was released on June 01, 2020, representing the official price target for Keysight Technologies Inc. stock. Previously, the target price had yet another raise to $112, while JP Morgan analysts kept a Neutral rating on KEYS stock.

The Average True Range (ATR) for Keysight Technologies Inc. is set at 2.16, with the Price to Sales ratio for KEYS stock in the period of the last 12 months amounting to 4.44. The Price to Book ratio for the last quarter was 5.93, with the Price to Cash per share for the same quarter was set at 9.66. Price to Free Cash Flow for KEYS in the course of the last twelve months was 20.32 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 -2.98. With this latest performance, KEYS shares gained by 0.13% in over the last four-week period, additionally plugging by 3.41% over the last 6 months – not to mention a rise of 11.88% 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 47.70, with the RSI for the last a single of trading hit 43.90, and the three-weeks RSI is set at 47.65 for Keysight Technologies Inc. [KEYS]. The present Moving Average for the last 50 days of trading for this stock 100.19, while it was recorded at 99.31 for the last single week of trading, and 98.66 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 6.90%.

An analysis of insider ownership at Keysight Technologies Inc. [KEYS]

There are presently around $16,160 million, or 91.50% 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 0.40% of the total institutional ownership; BLACKROCK INC., holding 16,452,529 shares of the stock with an approximate value of $1.61 billion in KEYS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.42 billion in KEYS stock with ownership of nearly 2.079% of the company’s market capitalization.

Positions in Keysight Technologies Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 314 institutional holders increased their position in Keysight Technologies Inc. [NYSE:KEYS] by around 16,445,330 shares. Additionally, 366 investors decreased positions by around 19,885,414 shares, while 92 investors held positions by with 128,952,180 shares. The mentioned changes placed institutional holdings at 165,282,924 shares, according to the latest SEC report filing. KEYS stock had 81 new institutional investments in for a total of 6,357,416 shares, while 98 institutional investors sold positions of 2,944,042 shares during the same period.

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