Keysight (KEYS) Earning Somewhat Positive Press Coverage, Analysis Shows

News articles about Keysight (NYSE:KEYS) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Keysight earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the scientific and technical instruments company an impact score of 45.6700267330093 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news stories that may have impacted Accern’s scoring:

Get Keysight alerts: Flicker Noise Measurement System Market 2023 Top Companies �� Keysight, ProPlus Design Solutions, AdMOS … (thecleantechnology.com) Global AC Power Source Market Trend 2018- Chroma Systems Solutions, Inc, Keysight Technologies, B&K Precision … (nwctrail.com) Flicker Noise Measurement System Market Forecasts �� Keysight, ProPlus Design Solutions, AdMOS, Platform Design … (thetechnicalprogress.com) Keysight reveals CSR goals for 2020 (telecomlead.com) Keysight Technologies Releases 2017 Annual Corporate Social Responsibility Report (markets.financialcontent.com)

KEYS has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Keysight from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Barclays raised their target price on shares of Keysight from $53.00 to $56.00 and gave the stock an “overweight” rating in a report on Wednesday, March 7th. Deutsche Bank raised their target price on shares of Keysight to $55.00 and gave the stock a “buy” rating in a report on Monday, January 29th. Robert W. Baird restated an “outperform” rating and issued a $60.00 target price (up previously from $52.00) on shares of Keysight in a report on Thursday, March 8th. Finally, ValuEngine upgraded shares of Keysight from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $55.50.

Shares of Keysight stock traded up $0.17 on Monday, hitting $54.00. The stock had a trading volume of 891,300 shares, compared to its average volume of 914,163. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.88 and a current ratio of 2.57. Keysight has a one year low of $35.62 and a one year high of $55.21. The stock has a market capitalization of $10.23 billion, a price-to-earnings ratio of 24.22 and a beta of 1.01.

Keysight (NYSE:KEYS) last announced its quarterly earnings results on Thursday, March 1st. The scientific and technical instruments company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.19. Keysight had a return on equity of 18.19% and a net margin of 2.64%. The company had revenue of $837.00 million during the quarter, compared to analyst estimates of $805.96 million. During the same quarter last year, the firm posted $0.57 earnings per share. The firm’s revenue was up 15.3% on a year-over-year basis. equities research analysts forecast that Keysight will post 2.69 earnings per share for the current fiscal year.

Keysight announced that its Board of Directors has approved a share repurchase program on Tuesday, March 6th that allows the company to repurchase $350.00 million in shares. This repurchase authorization allows the scientific and technical instruments company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

In related news, SVP Jay Alexander sold 12,922 shares of the firm’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $54.67, for a total value of $706,445.74. Following the completion of the sale, the senior vice president now owns 70,120 shares of the company’s stock, valued at $3,833,460.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ingrid A. Estrada sold 43,134 shares of the firm’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $52.78, for a total value of $2,276,612.52. Following the completion of the sale, the senior vice president now directly owns 74,213 shares of the company’s stock, valued at approximately $3,916,962.14. The disclosure for this sale can be found here. Insiders sold 116,049 shares of company stock valued at $6,107,829 in the last ninety days. 0.97% of the stock is currently owned by insiders.

Keysight Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.