Analysts Set Keysight Technologies, Inc. (NYSE:KEYS) Price Target at $195.75

Posted by on Apr 28th, 2023

Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) has been given a consensus recommendation of “Moderate Buy” by the thirteen ratings firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $195.75.

A number of brokerages have weighed in on KEYS. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $175.00 to $202.00 in a research report on Tuesday, January 10th. Susquehanna restated a “positive” rating and issued a $208.00 price objective on shares of Keysight Technologies in a research report on Thursday, March 9th. UBS Group decreased their target price on Keysight Technologies from $205.00 to $185.00 and set a “buy” rating on the stock in a research report on Thursday, February 23rd. StockNews.com began coverage on shares of Keysight Technologies in a research note on Thursday, March 16th. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group cut shares of Keysight Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $196.00 to $189.00 in a research report on Tuesday, January 10th.

Keysight Technologies Price Performance

Shares of KEYS opened at $141.89 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.07 and a quick ratio of 2.45. The company’s fifty day moving average price is $157.14 and its 200-day moving average price is $168.17. Keysight Technologies has a 1-year low of $127.93 and a 1-year high of $189.45. The firm has a market capitalization of $25.28 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 2.37 and a beta of 1.09.

Keysight Technologies (NYSE:KEYS – Get Rating) last released its earnings results on Tuesday, February 21st. The scientific and technical instruments company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.17. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Keysight Technologies had a return on equity of 32.50% and a net margin of 20.81%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 earnings per share. On average, equities research analysts predict that Keysight Technologies will post 7.28 EPS for the current year.

Institutional Trading of Keysight Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Hanson & Doremus Investment Management acquired a new stake in shares of Keysight Technologies during the first quarter worth about $27,000. Private Trust Co. NA lifted its holdings in Keysight Technologies by 134.2% during the 3rd quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock worth $29,000 after buying an additional 106 shares in the last quarter. Raleigh Capital Management Inc. boosted its position in Keysight Technologies by 227.8% in the 4th quarter. Raleigh Capital Management Inc. now owns 177 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 123 shares during the period. Altshuler Shaham Ltd acquired a new position in shares of Keysight Technologies in the third quarter worth $31,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of Keysight Technologies during the fourth quarter worth $32,000. Institutional investors and hedge funds own 81.69% of the company’s stock.

About Keysight Technologies

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Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.

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