Keysight Technologies Inc (NASDAQ:KEYS) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.49-0.63 for the period, compared to the Thomson Reuters consensus estimate of $0.57. The company issued revenue guidance of $706-746 million, compared to the consensus revenue estimate of $712.91 million.

Shares of Keysight Technologies Inc (NASDAQ:KEYS) opened at 35.22 on Friday. Keysight Technologies Inc has a 52-week low of $21.07 and a 52-week high of $35.58. The stock has a 50 day moving average price of $32.57 and a 200-day moving average price of $30.19. The stock has a market capitalization of $5.99 billion and a price-to-earnings ratio of 11.64.

Keysight Technologies (NASDAQ:KEYS) last announced its quarterly earnings data on Thursday, November 17th. The company reported $0.64 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.64. The business earned $751 million during the quarter, compared to analysts’ expectations of $736.94 million. During the same period in the prior year, the firm posted $0.71 EPS. Keysight Technologies’s revenue for the quarter was up .1% compared to the same quarter last year. On average, equities research analysts predict that Keysight Technologies Inc will post $2.43 EPS for the current fiscal year.

Earnings History and Estimates for Keysight Technologies (NASDAQ:KEYS)

KEYS has been the subject of a number of research reports. Deutsche Bank AG upgraded shares of Keysight Technologies from a hold rating to a buy rating and set a $33.00 price target for the company in a research report on Monday, September 19th. Robert W. Baird reduced their price target on shares of Keysight Technologies from $29.00 to $28.00 and set a neutral rating for the company in a research report on Thursday, August 18th. TheStreet upgraded shares of Keysight Technologies from a hold rating to a buy rating in a research report on Monday, October 17th. Finally, Zacks Investment Research downgraded shares of Keysight Technologies from a hold rating to a sell rating in a research report on Friday, August 19th.

An institutional investor recently raised its position in Keysight Technologies stock. United Services Automobile Association raised its stake in shares of Keysight Technologies Inc (NASDAQ:KEYS) by 3.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,370 shares of the company’s stock after buying an additional 483 shares during the period. United Services Automobile Association’s holdings in Keysight Technologies were worth $487,000 as of its most recent filing with the SEC.

Keysight Technologies Company Profile

Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement instruments and systems and related software, software design tools, and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

5 Day Chart for NASDAQ:KEYS

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