Keysight Technologies Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 31.06
Dividend & YieldN/A$ (N/A)
Beta 1.04
Market capitalization 28.39B
Operating cash flow 1.29B
ESG Scores 9.3

Company description

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment. The company's Electronic Industrial Solutions Group segment offers design tools; design verification tools; and digital multimeters, function generators, frequency counters, data acquisition systems, audio analyzers, LCR meters, thermal imagers, source measure units, ultra-high precision device current analyzers, and test executive software platforms, as well as various power supplies comprising AC/DC modular supplies and electronically programmable loads. This segment also provides printed-circuit-board-assembly testers, integrated circuit parametric testers, and sub-nano-meter positioning sub-assemblies; and test and measurement products and software. The company offers product support, technical support, and training and consulting services. It sells its products through direct sales force, distributors, resellers, and manufacturer's representatives. Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.

Sector: Technology - Industry: Scientific & Technical Instruments

Financial Ratios
Quick Ratio2.34
Working Capital0.35
Return On Equity0.24
Debt To Equity0.47
Fixed Asset Ratio0.04
Fixed Interest Cover13.78

Financial data

Financial Statements

Cashflow Statement 2019-10-31 2020-10-31 2021-10-31 2022-10-31
Change To Liabilities 125M 8M 149M 135M
Total Cashflows From Investing Activities -196M -442M -353M -251M
Net Borrowings
Total Cash From Financing Activities -122M -413M -671M -861M
Change To Operating Activities -26M -72M 18M -196M
Issuance Of Stock 67M 58M 59M 63M
Net Income 621M 627M 894M 1.12B
Change In Cash 683M 167M 301M -11M
Effect Of Exchange Rate 3M 6M 3M -43M
Total Cash From Operating Activities 998M 1.02B 1.32B 1.14B
Depreciation 308M 326M 293M 223M
Change To Account Receivables -26M 75M -122M -204M
Other Cashflows From Financing Activities -4M -7M -4M -1M
Change To Netincome 104M 120M 99M 201M
Capital Expenditures -120M -117M -174M -185M

Income Statement 2019-10-31 2020-10-31 2021-10-31 2022-10-31
Research Development 688M 715M 811M 841M
Income Before Tax 715M 761M 1.01B 1.28B
Net Income 621M 627M 894M 1.12B
Selling General Administrative 1.11B 1.05B 1.19B 1.24B
Gross Profit 2.53B 2.53B 3.07B 3.45B
Ebit 754M 778M 1.09B 1.38B
Operating Income 754M 778M 1.09B 1.38B
Interest Expense -80M -78M -79M -79M
Income Tax Expense 94M 134M 116M 161M
Total Revenue 4.3B 4.22B 4.94B 5.42B
Cost Of Revenue 1.77B 1.69B 1.87B 1.97B
Total Other Income ExpenseNet -39M -17M -79M -95M
Net Income From Continuing Ops 621M 627M 894M 1.12B
Net Income Applicable To Common Shares 621M 627M 894M 1.12B

Balance Sheet Statement 2019-10-31 2020-10-31 2021-10-31 2022-10-31
Total Liabilities 3.62B 3.92B 4B 3.94B
Total Stockholder Equity 3B 3.3B 3.78B 4.16B
Other Current Liabilities 419M 455M 547M 585M
Total Assets 6.62B 7.22B 7.78B 8.1B
Common Stock 2M 2M 2M 2M
Other Current Assets 204M 202M 207M 348M
Retained Earnings 1.91B 2.54B 3.43B 4.55B
Treasury Stock -920M -1.35B -1.87B -2.73B
Cash 1.6B 1.76B 2.05B 2.04B
Total Current Liabilities 1B 1.08B 1.31B 1.41B
Other Stockholder Equity -578M -599M -442M -454M
Property, Plant, and Equipment 576M 777M 877M 910M
Total Current Assets 3.21B 3.37B 3.83B 4.23B
Net Tangible Assets 1.3B 1.4B 1.88B 2.39B
Net Receivables 708M 659M 735M 905M
Accounts Payable 253M 224M 287M 348M


Insider Transactions

Here are the insider transactions of stock shares related to Keysight Technologies Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NARAYANAN KAILASHSale at price 178.22 per share.D2023-02-01Officer500
DOCKENDORFF CHARLES JStock Gift at price 0.00 per share.I2023-01-06Director2.84k
NERSESIAN RONALD SSale at price 170.00 per share.D2022-12-23Officer and Director18.07k
DOCKENDORFF CHARLES JSale at price 185.06 per share.D2022-12-13Director3.26k
DOCKENDORFF CHARLES JStock Gift at price 0.00 per share.D2022-12-12Director7.55k
LI JEFFREY KSale at price 179.03 per share.D2022-12-08Officer2.24k
ESTRADA INGRID ASale at price 175.71 per share.D2022-12-06Officer3.5k
EE HUEI SINSale at price 183.00 - 185.00 per share.D2022-12-01Officer13.08k
EE HUEI SINConversion of Exercise of derivative security at price 29.83 - 31.00 per share.D2022-12-01Officer13.08k
DHANASEKARAN SATISHSale at price 173.45 - 180.00 per share.D2022-11-30Chief Executive Officer8.39k
PAGE JOHNSale at price 175.09 per share.D2022-11-28Officer6.82k
SKINNER JOHN CSale at price 176.06 per share.D2022-11-23Officer3.62k
NYE JEAN HALLORANPurchase at price 174.92 per share.I2022-11-22Director575
CHAI GOOI SOONSale at price 172.65 per share.D2022-11-21Officer25.24k
GOOI SOON CHAISale at price 172.65 per share.D2022-11-21Officer25.24k
NERSESIAN RONALD SStock Award(Grant) at price 0.00 per share.D2022-11-16Officer and Director122.5k
CHAI GOOI SOONStock Award(Grant) at price 0.00 per share.D2022-11-16Officer27.02k
ESTRADA INGRID AStock Award(Grant) at price 0.00 per share.D2022-11-16Officer18.62k
SKINNER JOHN CStock Award(Grant) at price 0.00 per share.D2022-11-16Officer5.39k
DOUGHERTY NEILStock Award(Grant) at price 0.00 per share.D2022-11-16Chief Financial Officer29.24k
PAGE JOHNStock Award(Grant) at price 0.00 per share.D2022-11-16Officer11.87k
WALLACE MARK ADAMStock Award(Grant) at price 0.00 per share.D2022-11-16Officer20.75k
GOOI SOON CHAIStock Award(Grant) at price 0.00 per share.D2022-11-16Officer27.02k
DHANASEKARAN SATISHStock Award(Grant) at price 0.00 per share.D2022-11-16Chief Executive Officer40.51k
LI JEFFREY KStock Award(Grant) at price 0.00 per share.D2022-11-16Officer11.5k
EE HUEI SINStock Award(Grant) at price 0.00 per share.D2022-11-16Officer5.64k
NARAYANAN KAILASHStock Award(Grant) at price 0.00 per share.D2022-11-16Officer8.79k
PAGE JOHNSale at price 161.48 per share.D2022-09-30Officer6.91k
STEPHENS KEVIN APurchase at price 136.91 per share.D2022-06-30Director500
STEPHENS KEVIN APurchase at price 145.40 per share.D2022-06-09Director500
HAMADA RICHARD PSale at price 150.00 per share.D2022-06-06Director1.63k
DHANASEKARAN SATISHStock Award(Grant) at price 0.00 per share.D2022-05-18Chief Executive Officer4.03k
LI JEFFREY KSale at price 162.34 per share.D2022-03-30Officer3k
NYE JEAN HALLORANStock Gift at price 0.00 per share.I2022-03-25Director547
STEPHENS KEVIN APurchase at price 158.92 per share.D2022-03-24Director1k
RANGO ROBERT A.Stock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
NYE JEAN HALLORANStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
CULLEN JAMES GStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
HAMADA RICHARD PStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
DOCKENDORFF CHARLES JStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
LACOUTURE PAUL AStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
OLSEN JOANNE BETHStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
STEPHENS KEVIN AStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
HOLTHAUS MICHELLE JOHNSTONStock Award(Grant) at price 0.00 per share.D2022-03-18Director1.63k
ESTRADA INGRID ASale at price 159.62 per share.D2022-02-23Officer2k
PAGE JOHNSale at price 202.16 - 202.18 per share.D2021-12-23Officer20.18k
PAGE JOHNConversion of Exercise of derivative security at price 31.00 per share.D2021-12-23Officer10.26k
CULLEN JAMES GSale at price 196.45 per share.D2021-12-14Director7k
WALLACE MARK ADAMSale at price 203.04 per share.D2021-12-13Officer15k
DHANASEKARAN SATISHSale at price 202.80 per share.D2021-12-09Chief Operating Officer5k
DOUGHERTY NEILSale at price 201.17 per share.D2021-12-07Chief Financial Officer19.41k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Keysight Technologies Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Keysight Technologies Inc

Here is the result of two systematic investment strategies applied to Keysight Technologies Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Keysight Technologies Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Keysight Technologies Inc:

Keysight Technologies Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 105.5% on the backtest period.

Performance at glance

Performance

105.5 %

Latent gain

2197.85 $

Invested capital

2083.27 $

Annualized return

25.48 %
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Momentum strategy results on Keysight Technologies Inc

This is the result of two momentum investment strategies applied to Keysight Technologies Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Keysight Technologies Inc

The following chart shows all the entries opened by the momentum investment system on Keysight Technologies Inc:

Keysight Technologies Inc momentum entries
  • The first momentum investment strategy would give 142.87% of return on Keysight Technologies Inc. That represents 5981.2$ of latent gain with 4186.46$ of employed capital.
  • The second momentum investment strategy would give 110.41% of return on Keysight Technologies Inc. That represents 4960.99$ of latent gain with 4493.15$ of employed capital.
Performance at glance (1Q Momentum)

Performance

142.87 %

Latent gain

5981.2 $

Invested capital

4186.46 $

Annualized return

53.59 %
Performance at glance (2Q Momentum)

Performance

110.41 %

Latent gain

4960.99 $

Invested capital

4493.15 $

Annualized return

30.17 %

Momentum equity curve on Keysight Technologies Inc

The following chart shows the equity curve of the two momentum strategies applied to Keysight Technologies Inc:

Keysight Technologies Inc momentum equity

Note: the dividends potentially given by Keysight Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Keysight Technologies Inc

The following chart shows the employed capital evolution of the two momentum strategies on Keysight Technologies Inc since the beginning:

Keysight Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Keysight Technologies Inc

Buy the dip entry openings on Keysight Technologies Inc

Keysight Technologies Inc

The performance achieved by the robo-advisor on Keysight Technologies Inc is 114.68%. That represents 285.87$ of latent gain with 249.27$ of employed capital. The following chart shows Keysight Technologies Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Keysight Technologies Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

114.68 %

Latent gain

285.87 $

Invested capital

249.27 $

Annualized return

53.59 %

Equity curve of the strategy applied to Keysight Technologies Inc

The following chart shows the result of the investment strategy applied to Keysight Technologies Inc:

Keysight Technologies Inc

Note: the dividends potentially given by Keysight Technologies Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Keysight Technologies Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Keysight Technologies Inc:

Keysight Technologies Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Keysight Technologies Inc

In this section, I will compare the three previous investment strategies applied to Keysight Technologies Inc.

Equity curve comparison on Keysight Technologies Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Keysight Technologies Inc investment strategy comparison

Employed capital comparison on Keysight Technologies Inc

Keysight Technologies Inc investment comparison

Performance comparison on Keysight Technologies Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 105.5% 2197.85$ 2083.27$ 25.48%
Momentum 1 quarter 142.87% 5981.2$ 4186.46$ 36.63%
Momentum 2 quarters 110.41% 4960.99$ 4493.15$ 30.17%
Non-directional 114.68% 285.87$ 249.27$ 53.59%
Annualized return comparison

Automatic investment

25.48 %

Momentum 1Q

30.17 %

Momentum 2Q

30.17 %

Non-directional

53.59 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Keysight Technologies Inc:

Positive correlations

Most correlated stocks this year

  • Keysight Technologies Inc

  • Most correlated stocks last 3 months

  • J.M. Smucker Company
  • Keysight Technologies Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • HONG WEI ASIA
  • AUSTAR

  • Note: The algorithm computes the probability of correlation between Keysight Technologies Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Keysight Technologies Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Keysight Technologies Inc
    Country United States
    City Santa Rosa
    Address 1400 Fountaingrove Parkway
    Phone 800 829 4444
    Website www.keysight.com
    FullTime employees 15000
    Industry Scientific & Technical Instruments
    Sector Technology
    Exchange XNYS
    Ticker KEYS
    Market www.nyse.com

    Keysight Technologies Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 2.0
    Peer Environment Performance 3.396
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 2.2
    Peer Social Performance 6.10225
    Social Percentile unknown
    Highest Controversy 1
    Peer Highest Controversy Performance 1.5
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy: Business Ethics Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 5.0
    Peer Governance Performance 7.2165
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 9.3
    Environment Score: 2.0
    Social Score: 2.2
    Governance Score: 5.0

    ESG Performance: LAG_PERF

    Peer Group: Technology Hardware

    Peer Esg Score Performance: 16.39619047619

    Rating Year: 2023

    Rating Month: 1

    Max Age: 86400

    Percentile: 2