Keysight Technologies (NYSE:KEYS) PT Lowered to $200.00 at Susquehanna

Keysight Technologies (NYSE:KEYSGet Rating) had its target price lowered by analysts at Susquehanna from $205.00 to $200.00 in a note issued to investors on Friday, The Fly reports. The brokerage currently has a “positive” rating on the scientific and technical instruments company’s stock. Susquehanna’s price target suggests a potential upside of 15.49% from the company’s previous close.

A number of other equities research analysts have also commented on KEYS. Morgan Stanley reduced their price target on Keysight Technologies from $172.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Monday, November 14th. Wells Fargo & Company began coverage on Keysight Technologies in a research report on Thursday, November 3rd. They issued an “overweight” rating and a $200.00 price target on the stock. StockNews.com began coverage on Keysight Technologies in a research report on Wednesday, October 12th. They issued a “buy” rating on the stock. Bank of America upped their price target on Keysight Technologies from $155.00 to $185.00 and gave the company a “neutral” rating in a research report on Friday, August 19th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Keysight Technologies from $193.00 to $190.00 and set a “buy” rating on the stock in a research report on Friday. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.64.

Keysight Technologies Price Performance

KEYS stock traded up $1.28 during midday trading on Friday, reaching $173.18. 4,665 shares of the stock were exchanged, compared to its average volume of 1,017,554. The stock has a market capitalization of $30.96 billion, a PE ratio of 27.82, a P/E/G ratio of 2.07 and a beta of 1.06. Keysight Technologies has a 52 week low of $127.93 and a 52 week high of $209.08. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.01 and a quick ratio of 2.40. The company has a fifty day moving average price of $165.10 and a 200 day moving average price of $155.37.

Keysight Technologies (NYSE:KEYSGet Rating) last issued its quarterly earnings data on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.15. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.40 billion. Keysight Technologies had a return on equity of 32.51% and a net margin of 20.74%. Keysight Technologies’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.71 EPS. As a group, analysts expect that Keysight Technologies will post 7.55 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, SVP John Page sold 6,910 shares of the stock in a transaction that occurred on Friday, September 30th. The stock was sold at an average price of $161.48, for a total value of $1,115,826.80. Following the completion of the sale, the senior vice president now directly owns 57,201 shares of the company’s stock, valued at $9,236,817.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Several institutional investors have recently modified their holdings of KEYS. GHP Investment Advisors Inc. bought a new position in shares of Keysight Technologies in the second quarter valued at approximately $26,000. Private Trust Co. NA grew its holdings in shares of Keysight Technologies by 134.2% in the third quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock valued at $29,000 after acquiring an additional 106 shares in the last quarter. Altshuler Shaham Ltd bought a new position in shares of Keysight Technologies in the third quarter valued at approximately $31,000. Geneos Wealth Management Inc. grew its holdings in shares of Keysight Technologies by 37.1% in the second quarter. Geneos Wealth Management Inc. now owns 277 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 75 shares in the last quarter. Finally, CI Investments Inc. grew its holdings in Keysight Technologies by 968.2% during the third quarter. CI Investments Inc. now owns 235 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 213 shares during the period. 81.87% of the stock is owned by institutional investors.

Keysight Technologies Company Profile

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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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