Back to top

Image: Bigstock

Is Keysight Technologies (KEYS) Outperforming Other Computer and Technology Stocks This Year?

Read MoreHide Full Article

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Keysight Technologies (KEYS - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Keysight Technologies is one of 625 companies in the Computer and Technology group. The Computer and Technology group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KEYS is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for KEYS's full-year earnings has moved 5.99% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, KEYS has moved about 59.86% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 11.85%. This means that Keysight Technologies is outperforming the sector as a whole this year.

Looking more specifically, KEYS belongs to the Electronics - Measuring Instruments industry, which includes 10 individual stocks and currently sits at #2 in the Zacks Industry Rank. On average, stocks in this group have gained 41.13% this year, meaning that KEYS is performing better in terms of year-to-date returns.

KEYS will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Keysight Technologies Inc. (KEYS) - free report >>