Published on 24 Nov 2021 on Seeking Alpha
Keysight Appears Undervalued (NYSE:KEYS)
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Keysight Technologies (KEYS) reports more than $2 billion in cash, and management is developing solutions for the IoT and 5G industries. It means that KEYS has sufficient liquidity to pay for new developments in industries reporting double-digit sales growth. Under my best-case scenario, my DCF model implied a valuation of $280. With the company currently trading at less than $201 and an ongoing stock repurchase program, I will be a buyer.
Incorporated in 2013, Keysight Technologies, Inc. sells electronic design and test solutions that are helpful in the communications, networking, and electronics industries.