Is it too late to consider buying Keysight Technologies, Inc. (NYSE: KEYS)?

Today we will be looking at Keysight Technologies, Inc. (NYSE:KEYS), a well-established company. The company’s stock price has seen significant fluctuations over the past few months on the New York Stock Exchange, reaching highs of $160 and falling to as low as $135. Some stock price fluctuations can give investors a better opportunity to enter the stock and potentially buy at a lower price. The question that needs to be answered is whether Keysight Technologies’ current price of $135 reflects the true value of the large-cap stock? Or is it currently undervalued, giving us an opportunity to buy? Let’s examine Keysight Technologies’ outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

Check out our latest analysis for Keysight Technologies

How much is Keysight Technologies worth?

According to our valuation model, Keysight Technologies appears to be reasonably priced, about 7.9% below our intrinsic value, meaning that if you buy Keysight Technologies today, you’ll be paying a reasonable price. And if you believe the stock is really worth $146.47, then there’s not much room for the stock price to rise beyond its current price. Is there another opportunity to buy low in the future? Given that Keysight Technologies’ stock price is quite volatile, we could potentially see it move lower (or higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator of how much the stock will move relative to the rest of the market.

Can we expect growth from Keysight Technologies?

Future outlook is an important aspect when considering a stock, especially if you are an investor looking for growth in your portfolio. While value investors will argue that it is the intrinsic value relative to the price that matters most, a more compelling investment thesis would be high growth potential at a cheap price. With earnings expected to grow 59% over the next two years, the future looks bright for Keysight Technologies. It appears that higher cash flows are on the cards for the stock, which should translate into a higher stock valuation.

What this means for you

Are you a shareholder? It seems like the market has already priced in KEYS’s positive outlook, with shares trading around their fair value. However, there are also other important factors that we haven’t considered today, such as the track record of its management team. Have these factors changed since you last looked at the stock? Would you have the confidence to invest in the company if the price were to fall below its fair value?

Are you a potential investor? If you’ve been following KEYS stock closely, now may not be the most advantageous time to buy, as it’s trading around its fair value. However, the company’s positive outlook is encouraging, meaning it’s worth looking more closely at other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

By taking a closer look at the Keysight Technologies forecasts mentioned above, you will get a better understanding of how analysts view the stock going forward. So be sure to check out our free graph of analyst forecasts.

If you are no longer interested in Keysight Technologies, you can use our free platform to view our list of over 50 other stocks with high growth potential.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to constitute financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. Our goal is to provide you with focused, long-term analysis based on fundamental data. Please note that our analysis may not factor in the latest price-sensitive company announcements or qualitative information. Simply Wall St has no position in any of the stocks mentioned.

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