Keysight Technologies, Inc. (NYSE:KEYS) Receives $165.56 Average PT from Analysts

Keysight Technologies, Inc. (NYSE:KEYS) has received an average rating of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $166.30.

Several analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday. Susquehanna lowered their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday. Bank of America lifted their price target on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a report on Wednesday. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday. Finally, Robert W. Baird reduced their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th.

Insider Activity

In other news, Director Kevin A. Stephens purchased 460 shares of the stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the acquisition, the director now owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The acquisition was disclosed in a filing with the SEC, which is available at this link. In other Keysight Technologies news, Director Kevin A. Stephens purchased 460 shares of Keysight Technologies stock in a transaction on Tuesday, May 28th. The stock was bought at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Lisa M. Poole sold 440 shares of the business’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The disclosure for this sale can be found here. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of KEYS. Swedbank AB bought a new stake in shares of Keysight Technologies during the 1st quarter worth about $621,993,000. Jennison Associates LLC bought a new stake in shares of Keysight Technologies during the 4th quarter worth about $395,789,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Keysight Technologies by 352.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after acquiring an additional 2,462,543 shares in the last quarter. Norges Bank bought a new stake in shares of Keysight Technologies during the 4th quarter worth about $303,444,000. Finally, Capital World Investors bought a new stake in Keysight Technologies during the 1st quarter valued at approximately $250,097,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 0.2 %

Shares of KEYS stock opened at $154.96 on Monday. Keysight Technologies has a fifty-two week low of $118.57 and a fifty-two week high of $162.51. The stock has a market cap of $27.05 billion, a P/E ratio of 33.76, a P/E/G ratio of 4.58 and a beta of 0.95. The business has a fifty day simple moving average of $136.43 and a 200-day simple moving average of $145.50. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.04 EPS. On average, analysts forecast that Keysight Technologies will post 5.25 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.