Keysight Technologies (NYSE:KEYS) is scheduled to announce its earnings results after the market closes on Tuesday, August 21st. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Keysight Technologies has set its Q3 guidance at $0.72-$0.82 EPS.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Wednesday, May 30th. The scientific and technical instruments company reported $0.83 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.83. The business had revenue of $999.00 million for the quarter, compared to the consensus estimate of $964.95 million. Keysight Technologies had a return on equity of 19.18% and a net margin of 2.88%. Keysight Technologies’s quarterly revenue was up 31.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 earnings per share. On average, analysts expect Keysight Technologies to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NYSE:KEYS opened at $59.82 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.67 and a current ratio of 2.30. The stock has a market capitalization of $11.26 billion, a P/E ratio of 26.83 and a beta of 1.01. Keysight Technologies has a 52-week low of $39.21 and a 52-week high of $62.41.

In other news, CEO Ronald S. Nersesian sold 250,000 shares of the company’s stock in a transaction that occurred on Friday, June 1st. The stock was sold at an average price of $59.40, for a total value of $14,850,000.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Mark Adam Wallace sold 29,786 shares of the company’s stock in a transaction that occurred on Tuesday, June 12th. The shares were sold at an average price of $61.50, for a total value of $1,831,839.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 629,786 shares of company stock worth $37,616,339. Company insiders own 0.97% of the company’s stock.

A number of analysts recently issued reports on KEYS shares. Citigroup lifted their target price on Keysight Technologies from $62.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, July 18th. Zacks Investment Research raised Keysight Technologies from a “sell” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Wednesday, June 6th. Barclays set a $58.00 price target on Keysight Technologies and gave the stock a “buy” rating in a research report on Thursday, May 31st. Deutsche Bank boosted their price target on Keysight Technologies from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, May 31st. Finally, Credit Suisse Group boosted their price target on Keysight Technologies from $57.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, May 31st. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $61.44.

About Keysight Technologies

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.

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Earnings History for Keysight Technologies (NYSE:KEYS)

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