Keysight Technologies (KEYS) Earning Favorable Media Coverage, Report Shows
News articles about Keysight Technologies (NYSE:KEYS) have been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Keysight Technologies earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news articles about the scientific and technical instruments company an impact score of 45.0302525884175 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Silicon Valley historians saddened over loss of Hewlett Packard archive in fire – SFGate (sfgate.com)
- Hewlett-Packard history lost to Santa Rosa fires – The Register (theregister.co.uk)
- Keysight Technologies Launches Industry-First Automotive Ethernet Solutions for Standards-Compliance of BroadR-Reach,100Base-T, 1000Base-T Devices (eejournal.com)
- Fires destroy part of Hewlett-Packard archives (finance.yahoo.com)
- Automotive Ethernet Solutions are suitable for protocol decoding. (news.thomasnet.com)
Keysight Technologies (NYSE:KEYS) opened at 44.25 on Tuesday. The firm has a market capitalization of $8.23 billion, a price-to-earnings ratio of 33.75 and a beta of 1.15. The firm has a 50-day moving average price of $41.88 and a 200 day moving average price of $40.08. Keysight Technologies has a 12 month low of $31.81 and a 12 month high of $44.33.
Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. The company had revenue of $832.00 million for the quarter, compared to analyst estimates of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 earnings per share. On average, equities analysts forecast that Keysight Technologies will post $2.47 EPS for the current year.
Several research firms recently weighed in on KEYS. BidaskClub lowered Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Robert W. Baird reissued a “buy” rating and set a $48.00 price target on shares of Keysight Technologies in a research report on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and set a $52.00 price target on shares of Keysight Technologies in a research report on Friday, October 20th. ValuEngine lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Barclays PLC began coverage on Keysight Technologies in a research report on Monday, August 7th. They set an “overweight” rating and a $50.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $47.33.
In related news, insider Ronald S. Nersesian sold 58,931 shares of Keysight Technologies stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $41.64, for a total value of $2,453,886.84. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $40.79, for a total value of $614,215.82. The disclosure for this sale can be found here. Insiders own 1.23% of the company’s stock.
Keysight Technologies Company Profile
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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