Keysight Technologies (NYSE:KEYS) PT Raised to $151.00 at Barclays

Keysight Technologies (NYSE:KEYS) had its price objective increased by equities researchers at Barclays from $141.00 to $151.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has an “equal weight” rating on the scientific and technical instruments company’s stock. Barclays‘s price objective suggests a potential upside of 2.39% from the company’s current price.

A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. downgraded shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. Citigroup lifted their price target on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. Susquehanna dropped their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday. Finally, Robert W. Baird upped their target price on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $166.33.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $147.47 on Tuesday. The stock has a market capitalization of $25.74 billion, a price-to-earnings ratio of 32.13, a PEG ratio of 7.24 and a beta of 1.06. Keysight Technologies has a one year low of $118.57 and a one year high of $172.72. The company’s 50-day simple moving average is $151.97 and its 200-day simple moving average is $150.09. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a return on equity of 23.93% and a net margin of 15.70%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the business posted $1.72 EPS. Keysight Technologies’s quarterly revenue was down 8.8% compared to the same quarter last year. Equities analysts anticipate that Keysight Technologies will post 5.4 earnings per share for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Kailash Narayanan sold 4,300 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the transaction, the senior vice president now directly owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KEYS. Ancora Advisors LLC bought a new position in Keysight Technologies during the third quarter valued at about $25,000. Rise Advisors LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at about $25,000. Larson Financial Group LLC bought a new position in shares of Keysight Technologies during the 1st quarter valued at about $31,000. Venturi Wealth Management LLC grew its stake in shares of Keysight Technologies by 145.9% in the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 159 shares during the last quarter. Finally, Itau Unibanco Holding S.A. raised its holdings in shares of Keysight Technologies by 31.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.