Keysight Technologies, Inc. (NYSE:KEYS) Receives $196.64 Average Price Target from Brokerages

Keysight Technologies, Inc. (NYSE:KEYSGet Rating) has received an average rating of “Moderate Buy” from the fifteen analysts that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $196.64.

A number of analysts recently issued reports on KEYS shares. Robert W. Baird lifted their price objective on Keysight Technologies from $169.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, August 18th. Bank of America lifted their price objective on Keysight Technologies from $155.00 to $185.00 and gave the stock a “neutral” rating in a research note on Friday, August 19th. Susquehanna Bancshares dropped their price objective on Keysight Technologies from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Friday. Susquehanna dropped their price objective on Keysight Technologies from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Keysight Technologies from $193.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP John Page sold 6,910 shares of the company’s stock in a transaction on Friday, September 30th. The stock was sold at an average price of $161.48, for a total transaction of $1,115,826.80. Following the transaction, the senior vice president now owns 57,201 shares of the company’s stock, valued at approximately $9,236,817.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.55% of the stock is owned by company insiders.

Institutional Trading of Keysight Technologies

Several institutional investors and hedge funds have recently made changes to their positions in KEYS. GHP Investment Advisors Inc. bought a new stake in shares of Keysight Technologies in the 2nd quarter valued at $26,000. Private Trust Co. NA increased its position in shares of Keysight Technologies by 134.2% in the 3rd quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock valued at $29,000 after buying an additional 106 shares in the last quarter. Altshuler Shaham Ltd bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $31,000. Geneos Wealth Management Inc. increased its position in shares of Keysight Technologies by 37.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 277 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 75 shares in the last quarter. Finally, CI Investments Inc. increased its position in shares of Keysight Technologies by 968.2% in the 3rd quarter. CI Investments Inc. now owns 235 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 213 shares in the last quarter. Institutional investors own 81.87% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE KEYS traded up $1.28 during mid-day trading on Friday, reaching $173.18. The company had a trading volume of 4,665 shares, compared to its average volume of 1,017,554. The company has a current ratio of 3.01, a quick ratio of 2.40 and a debt-to-equity ratio of 0.43. The stock has a market cap of $30.96 billion, a PE ratio of 27.82, a P/E/G ratio of 2.07 and a beta of 1.06. The company has a 50-day moving average price of $165.10 and a two-hundred day moving average price of $155.37. Keysight Technologies has a 1-year low of $127.93 and a 1-year high of $209.08.

Keysight Technologies (NYSE:KEYSGet Rating) last issued its earnings results on Thursday, November 17th. The scientific and technical instruments company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.99 by $0.15. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Keysight Technologies had a return on equity of 32.51% and a net margin of 20.74%. Keysight Technologies’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.71 earnings per share. On average, equities analysts anticipate that Keysight Technologies will post 7.55 earnings per share for the current year.

About Keysight Technologies

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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