Analysts have set a price target for Keysight Technologies, Inc. (NYSE:KEYS) at $167.67

Shares of Keysight Technologies, Inc. (NYSE:KEYS – Get Your Free Report ) has earned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average one year target price among brokerages that have issued ratings on the stock in the last year is $167.67.

Several brokerages have considered the keys. Robert W. Baird decreased 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. Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a report on Wednesday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Vertical Research began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th.

Check out the latest inventory report on KEYS

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $157.51 on Tuesday. The stock’s 50-day moving average is $146.41 and its 200-day moving average is $145.19. Keysight Technologies has a one year low of $118.57 and a one year high of $162.51. The firm has a market cap of $27.49 billion, a P/E ratio of 34.32, a P/E/G ratio of 5.11 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05, and a quick ratio of 1.52.

Keysight Technologies (NYSE:KEYS – Get Your Free Report ) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. In the same quarter last year, the firm earned $2.04 EPS. The company’s revenue fell 11.9% year over year. As a group, research analysts expect that Keysight Technologies will post 5.38 EPS for the current year.

Insider activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The transaction represented a decrease of 0.00 % in the stock holding. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. 0.60% of shares are currently owned by insiders.

Keysight Technologies Institutional Trading

A number of institutional investors have recently modified their holdings of the company. Swedbank AB acquired a new stake in Keysight Technologies in the first quarter valued at about $621,993,000. Price T Rowe Associates Inc. MD boosted its holdings in Keysight Technologies by 352.6% in 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 during the period. Capital World Investors acquired a new position in Keysight Technologies in the first quarter valued at approximately $250,097,000. Jennison Associates LLC boosted its position in shares of Keysight Technologies by 53.2% in the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after acquiring an additional 1,323,775 shares during the period. Finally, Boston Partners acquired a new stake in shares of Keysight Technologies in the first quarter worth $175,979,000. 84.58% of the shares are currently held by hedge funds and other institutional investors.

Keysight Technologies Company Profile

(Get a free report

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

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