Keysight Technologies (NYSE:KEYS) Reaches New 12-Month High – Should You Buy?

Shares of Keysight Technologies Inc. (NYSE:KEYSGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $242.83 and last traded at $242.1790, with a volume of 284123 shares trading hands. The stock had previously closed at $234.39.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KEYS. Jefferies Financial Group lifted their target price on shares of Keysight Technologies from $195.00 to $220.00 and gave the stock a “hold” rating in a report on Wednesday, December 10th. Wall Street Zen lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Susquehanna upped their price objective on Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a research report on Tuesday, November 25th. Morgan Stanley lifted their target price on Keysight Technologies from $208.00 to $227.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Barclays boosted their price target on Keysight Technologies from $195.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.64.

Get Our Latest Stock Report on Keysight Technologies

Keysight Technologies Stock Performance

The company has a market cap of $41.41 billion, a P/E ratio of 49.37, a P/E/G ratio of 2.45 and a beta of 1.20. The company has a quick ratio of 1.78, a current ratio of 2.35 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $214.67 and a two-hundred day simple moving average of $188.54.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its quarterly earnings results on Monday, November 24th. The scientific and technical instruments company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.83 by $0.08. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Keysight Technologies had a net margin of 15.71% and a return on equity of 19.30%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Keysight Technologies declared that its board has authorized a stock buyback program on Monday, November 24th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the scientific and technical instruments company to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity

In related news, SVP Sung Yoon sold 889 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total value of $183,720.74. Following the transaction, the senior vice president directly owned 16,953 shares of the company’s stock, valued at approximately $3,503,506.98. This trade represents a 4.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffrey K. Li sold 3,934 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $200.84, for a total value of $790,104.56. Following the sale, the senior vice president directly owned 36,699 shares of the company’s stock, valued at $7,370,627.16. This represents a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 78,784 shares of company stock worth $15,841,737. Company insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors have recently bought and sold shares of the business. Paradiem LLC bought a new position in shares of Keysight Technologies during the 3rd quarter valued at about $979,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Keysight Technologies in the second quarter worth about $621,000. National Pension Service lifted its position in shares of Keysight Technologies by 2.4% in the third quarter. National Pension Service now owns 291,237 shares of the scientific and technical instruments company’s stock worth $50,943,000 after buying an additional 6,957 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Keysight Technologies by 3.1% during the second quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock valued at $181,507,000 after buying an additional 33,768 shares during the last quarter. Finally, Fenimore Asset Management Inc boosted its stake in Keysight Technologies by 1.1% during the third quarter. Fenimore Asset Management Inc now owns 632,432 shares of the scientific and technical instruments company’s stock valued at $110,625,000 after buying an additional 6,629 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

(Get Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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