Today’s Stock Alert: Time to Reconsider Keysight Technologies Inc After Making 52-Week High?

Today's Stock Alert: Time to Reconsider Keysight Technologies Inc After Making 52 Week High?

The stock of Keysight Technologies Inc (NYSE:KEYS) hit a new 52-week high and has $40.31 target or 7.00% above today’s $37.67 share price. The 9 months bullish chart indicates low risk for the $6.53 billion company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $40.31 price target is reached, the company will be worth $457.10 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 397,224 shares traded hands. Keysight Technologies Inc (NYSE:KEYS) has risen 35.21% since April 21, 2016 and is uptrending. It has outperformed by 29.88% the S&P500.

Analysts await Keysight Technologies Inc (NYSE:KEYS) to report earnings on February, 16. They expect $0.58 earnings per share, up 28.89% or $0.13 from last year’s $0.45 per share. KEYS’s profit will be $100.54 million for 16.24 P/E if the $0.58 EPS becomes a reality. After $0.60 actual earnings per share reported by Keysight Technologies Inc for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

Keysight Technologies Inc (NYSE:KEYS) Ratings Coverage

Out of 4 analysts covering Keysight Technologies Inc (NYSE:KEYS), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. Keysight Technologies Inc has been the topic of 10 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The rating was upgraded by Robert W. Baird to “Outperform” on Thursday, August 20. The firm has “Buy” rating by Deutsche Bank given on Monday, September 19. Goldman Sachs initiated the stock with “Neutral” rating in Monday, August 17 report. Goldman Sachs initiated the shares of KEYS in a report on Wednesday, February 3 with “Neutral” rating. The firm has “Sell” rating by Goldman Sachs given on Wednesday, March 9. On Friday, January 8 the stock rating was downgraded by Robert W. Baird to “Neutral”. The company was initiated on Tuesday, December 1 by Deutsche Bank.

According to Zacks Investment Research, “Keysight Technologies, Inc. is an Applied Technology company that provides electronic measurement solutions to the communications and electronics industries. It provides electronic measurement 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. The Company provides start-up assistance, consulting, optimization and application support throughout the customer’s product lifecycle. It also offers customization, consulting and optimization services throughout the customer’s product lifecycle. Keysight Technologies, Inc. is headquartered in Santa Rosa, California.”

Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.20, from 1.06 in 2016Q1. The ratio worsened, as 28 funds sold all Keysight Technologies Inc shares owned while 90 reduced positions. 25 funds bought stakes while 100 increased positions. They now own 144.08 million shares or 0.12% less from 144.25 million shares in 2016Q1.
Bogle Investment Management L P De has 0.05% invested in the company for 24,402 shares. Blackrock Invest Mgmt Limited Liability Corporation holds 0.02% of its portfolio in Keysight Technologies Inc (NYSE:KEYS) for 554,026 shares. Voya Mngmt Ltd Limited Liability Company, a Georgia-based fund reported 56,330 shares. Schroder Invest Management holds 631,400 shares or 0.04% of its portfolio. Fincl Management accumulated 0% or 3 shares. Oakbrook Invests Limited Liability Company holds 0.01% of its portfolio in Keysight Technologies Inc (NYSE:KEYS) for 8,750 shares. Ls Inv Advisors Limited Liability Corporation owns 10,314 shares or 0.02% of their US portfolio. Thrivent Fincl For Lutherans, a Minnesota-based fund reported 46,060 shares. Great West Life Assurance Can accumulated 0.01% or 69,929 shares. First Personal Ser has 67 shares for 0% of their US portfolio. Finemark Bancorp reported 213 shares or 0% of all its holdings. Communication Of Vermont has 0% invested in the company for 915 shares. Millennium Mngmt Limited Company has 253,262 shares for 0.02% of their US portfolio. Oak Assoc Ltd Oh holds 81,990 shares or 0.29% of its portfolio. Pitcairn holds 0.07% of its portfolio in Keysight Technologies Inc (NYSE:KEYS) for 19,525 shares.

More important recent Keysight Technologies Inc (NYSE:KEYS) news were published by: Businesswire.com which released: “Keysight Technologies to Present at Credit Suisse 20th Annual Technology …” on November 18, 2016, also Fool.com published article titled: “Why Keysight Technologies Inc. Stock Popped Today”, Nasdaq.com published: “Keysight Technologies Inc. Bottom Line Declines 10% In Q4” on November 17, 2016. More interesting news about Keysight Technologies Inc (NYSE:KEYS) was released by: Seekingalpha.com and their article: “Keysight Technologies’ (KEYS) CEO Ron Nersesian on Q3 2016 Results – Earnings …” with publication date: August 18, 2016.

KEYS Company Profile

Keysight Technologies, Inc provides electronic measurement solutions to the communications and electronics industries. The Firm provides electronic measurement 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. The Firm also offers customization, consulting and optimization services throughout the customer’s product lifecycle. The Company’s measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment. It provides start-up assistance, consulting, optimization and application support throughout the customer’s product lifecycle.

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