- Keysight held a composite rating of 91, putting it in the top 9 per cent of all U.S.-traded stocks
- The factors for this rank are its earnings growth, sales growth, margins, return on investment and stock performance
Keysight Technologies has secured the 18th rank in the first annual top 50 environmental, social and corporate governance (ESG) companies by Investor’s Business Daily (IBD). The company helps enterprises, service providers and governments accelerate innovation to connect and secure the world.
According to IBD, companies with strong stocks and growth can also have strong environmental, social and governance values. Among companies with ESG ratings of AAA or AA from MSCI ESG Research as of 11th September 2019, 50 companies had the highest IBD Composite Ratings. It reflects broad strength in fundamental and technical areas linked to price performance. Nearly all had a Composite Rating of 80 or higher which put them in the top 20 per cent of stocks.
Composite rating of 91
Susan Warfel, managing editor of IBD, said, “Keysight earned a solid placement on IBD’s Best ESG companies list, thanks to its high rating for environmental, social and governance practices and strong IBD Composite Rating. At the time of our analysis, Keysight held a Composite Rating of 91, putting it in the top 9 per cent of all U.S.-traded stocks. Factors contributing to Keysight’s high Composite Rating include its earnings growth, sales growth, margins, return on investment and stock performance.”
Priced at $10 a share or higher
The criteria for IBD’s first annual top 50 ESG companies included holding ESG ratings of AAA or AA from MSCI ESG Research as of 11th September 2019, trading publicly in the U.S. stock market and pricing of shares at $10 or higher as of 15th October, 2019. Among the companies that met the above requirements, IBD identified the 50 with the highest IBD Composite Ratings, which reflected strength in stock fundamentals and technicals and then ranked the stocks by the overall rating.