Several brokerages are of the opinion that the shares of KEYS would be posting sales of $1.16 billion for the present quarter, according to reports. Five of the analysts working on the firm have already estimated the earnings of the company. The lowest range of earning was fixed at $1.15 billion, with the highest reaching over to $1.16 billion. The company previously reported a sales sum of around $1.10 billion, which suggests an annual growth rate of 5.5%. The company will be posting its next quarterly earnings result on the 22nd of February.
The Quarterly Earnings of KEYS
The company previously released the results of their quarterly earnings on the 17th of November. The company had then reported an EPS of $1.62, which went beyond the consensus estimate of $1.46, as placed by Thomson Reuters. The net margin faced by the company was 14.85%, with a return on its equity fixed at 25.76%. The revenue earned by KEYS for this quarter was $1.22 billion.
The stocks of KEYS have been indicted in several reports by brokerages in the last quarter. Robert W. Baird has already increased the price objective on the shares of the company from $112 to $126 while giving the stocks a rating of outperform in a report that was published on the 19th of November.
Barclays has also increased the price target on the stocks of the company from $128 to $135, while giving the company a rating of overweight, according to a report that was published on the 19th of November. BidaskClub has also upgraded the stocks of the company from buy to strong buy. In the end, Zacks Investment Research decreased the rating on the shares of the KEYS from strong buy, to buy, while putting up a target price of around $112 on the firm.
