Home / Street Sector / Keysight Technologies (NYSE:KEYS) Continues To Successfully Navigate A Challenging Market Environment

Keysight Technologies (NYSE:KEYS) Continues To Successfully Navigate A Challenging Market Environment

Keysight Technologies, Inc. (NYSE:KEYS) [Trend Analysis] regains street interests, as shares shows upbeat performance surged 15.20% on Monday and it traded at $29.94. Keysight Technologies, Inc. (KEYS) declared that GAAP revenue of $731M and non-GAAP revenue of $735 million for the second fiscal quarter ended April 30, 2016.

Keysight president and CEO, Ron Nersesian stated that Keysight delivered Q2 results with revenue and earnings at the high-end of their guidance range as they continued to successfully navigate a challenging market environment and execute on their strategy to transform their business. They achieved measurable progress on their key growth initiatives while maintaining their focus on operating discipline.

Aerospace & Defense market revenue grew 3 percent driven by strength in Asia combined with consistent spend among prime contractor customers in North America. Industrial, computer and semiconductor market revenue declined 4 percent driven by market softness in the computer and semiconductor markets. From a geographic perspective, total revenue grew year-over-year in Europe and Asia excluding Japan, and declined in the Americas and Japan.

Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 2.70 as compared to its debt to equity ratio stands at 0.80. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 27.80%. Investors looking further ahead will note that the Price to next year’s EPS is 6.06%.

Noting a main crunch of analyst research by WSJ, KEYS under observation of quarterly per share earnings, it has second quarter 2016 trend of $0.60, while in next quarter estimated EPS trend is $0.69 and for annual basis for 2016 estimated EPS is $2.42.

Relatively pool of WSJ analyst issues diverse rating, as for current level it has 1 experts rated as “BUY” security, 1 analyst recommend as “Overweight,” and 3 experts rated as “Hold”.

As for as concerns shares volumes, in share capital Keysight Technologies, Inc. (NYSE:KEYS) has 171.00 million outstanding shares among them 170.65 million shares have been floated in market exchange. The firm’s institutional ownership remained 86.30% while insider ownership included 0.70%. The stock showed weekly upbeat performance of 15.24%, which maintained for the month at 10.60%. Likewise the positive performance for the quarter recorded as 21.36% and for the year was -9.36%, while the YTD performance remained at 5.68%.


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