Added to YB: 2023-09-01
Pitch date: 2023-09-01
KEYS [bullish]
Keysight Technologies, Inc.
+166.04%
current return
Author Info
No bio for this author
Company Info
Keysight Technologies, Inc. provides electronic design and test solutions worldwide. The company operates through Communications Solutions Group and Electronic Industrial Solutions Group segments.
Market Cap
$61.1B
Pitch Price
$134.50
Price Target
200.00 (-43%)
Dividend
N/A
EV/EBITDA
40.54
P/E
57.58
EV/Sales
10.10
Sector
Electronic Equipment, Instruments and Components
Category
value
Keysight Technologies: New Aggressive Portfolio Buy
KEYS (new position): Testing/QC leader down 35% from highs to 17x fwd earnings on temporary 5G capex dip. Grown EPS 17%/yr since 2014 spin, 29% op margin, dominant niche moat, $5B R&D drives 50% rev from post-2018 products. Buybacks cut float 5%+. Bull case: $200 by 2025 (21x on $9.50 EPS) from $134. Diversified beyond 5G into semis, A&D, AI. Barclays cut PT $204→$144 seen as overreaction.
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