Brokerages expect Keysight Technologies Inc (NYSE:KEYS) to report earnings of $1.16 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Keysight Technologies’ earnings, with the lowest EPS estimate coming in at $1.09 and the highest estimate coming in at $1.20. Keysight Technologies posted earnings per share of $1.01 during the same quarter last year, which would indicate a positive year over year growth rate of 14.9%. The company is scheduled to report its next earnings report on Tuesday, November 19th.

On average, analysts expect that Keysight Technologies will report full-year earnings of $4.50 per share for the current financial year, with EPS estimates ranging from $4.25 to $4.60. For the next fiscal year, analysts expect that the company will report earnings of $4.80 per share, with EPS estimates ranging from $4.60 to $5.10. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that follow Keysight Technologies.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Wednesday, August 21st. The scientific and technical instruments company reported $1.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.22. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.04 billion. Keysight Technologies had a net margin of 7.38% and a return on equity of 28.65%. The business’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $0.89 earnings per share.

KEYS has been the subject of several recent analyst reports. Credit Suisse Group reaffirmed an “outperform” rating and issued a $110.00 target price (up from $90.00) on shares of Keysight Technologies in a report on Thursday, August 22nd. Barclays started coverage on shares of Keysight Technologies in a report on Wednesday, August 7th. They set an “overweight” rating and a $103.00 price target on the stock. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $78.00 price target for the company in a research report on Tuesday, June 4th. Goldman Sachs Group lowered shares of Keysight Technologies from a “buy” rating to a “neutral” rating and set a $86.00 price objective for the company. in a report on Sunday, July 21st. Finally, ValuEngine lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $99.11.

In other Keysight Technologies news, SVP Jay Alexander sold 18,067 shares of Keysight Technologies stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $94.01, for a total value of $1,698,478.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Satish Dhanasekaran sold 2,600 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $96.56, for a total transaction of $251,056.00. Following the sale, the senior vice president now owns 33,140 shares of the company’s stock, valued at $3,199,998.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,499 shares of company stock worth $3,343,743. Insiders own 0.65% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in KEYS. Cornerstone Advisors Inc. purchased a new stake in Keysight Technologies during the second quarter valued at approximately $30,000. Johnson Financial Group Inc. bought a new position in Keysight Technologies in the second quarter worth approximately $35,000. Harvest Fund Management Co. Ltd bought a new position in Keysight Technologies in the second quarter worth approximately $41,000. Commonwealth Bank of Australia boosted its stake in shares of Keysight Technologies by 57.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 487 shares of the scientific and technical instruments company’s stock worth $41,000 after acquiring an additional 178 shares during the last quarter. Finally, Motco purchased a new position in shares of Keysight Technologies during the 2nd quarter worth $48,000. Hedge funds and other institutional investors own 86.19% of the company’s stock.

KEYS stock traded up $0.08 during trading on Friday, hitting $98.52. 88,971 shares of the stock traded hands, compared to its average volume of 2,274,963. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.05 and a quick ratio of 1.56. Keysight Technologies has a 1 year low of $53.21 and a 1 year high of $101.58. The firm’s 50 day moving average is $91.42 and its two-hundred day moving average is $87.09.

Keysight Technologies declared that its board has initiated a stock buyback plan on Wednesday, May 29th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the scientific and technical instruments company to reacquire up to 3.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation 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 optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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