Keysight Technologies Inc (KEYS) Issues Q2 Earnings Guidance
Keysight Technologies Inc (NASDAQ:KEYS) issued an update on its second quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.54-0.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.61. The company issued revenue guidance of $720-760 million, compared to the consensus revenue estimate of $742.83 million.
Shares of Keysight Technologies Inc (NASDAQ:KEYS) traded up 0.31% during mid-day trading on Thursday, reaching $38.22. The company had a trading volume of 831,977 shares. The stock has a market capitalization of $6.55 billion and a P/E ratio of 19.60. The company’s 50-day moving average is $36.73 and its 200 day moving average is $33.56. Keysight Technologies Inc has a 52-week low of $21.55 and a 52-week high of $38.47.
A number of equities analysts recently commented on the stock. Zacks Investment Research raised shares of Keysight Technologies from a hold rating to a buy rating and set a $41.00 price objective for the company in a research note on Thursday, January 26th. TheStreet lowered shares of Keysight Technologies from a b- rating to a c rating in a research note on Wednesday, February 8th. Finally, Deutsche Bank AG set a $40.00 price objective on shares of Keysight Technologies and gave the stock a buy rating in a research note on Wednesday, January 11th.
In other Keysight Technologies news, SVP Michael Gasparian sold 2,692 shares of Keysight Technologies stock in a transaction on Monday, November 21st. The shares were sold at an average price of $35.90, for a total transaction of $96,642.80. Following the completion of the sale, the senior vice president now owns 65,703 shares of the company’s stock, valued at approximately $2,358,737.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
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About Keysight Technologies
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test 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.
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