Brokerages Set Keysight Technologies, Inc. (NYSE:KEYS) PT at $195.75

Posted by Defense World Staff on May 23rd, 2023

Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) has received a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $195.75.

KEYS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped their price target on Keysight Technologies from $178.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, March 8th. StockNews.com initiated coverage on Keysight Technologies in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. Morgan Stanley reduced their price target on Keysight Technologies from $184.00 to $180.00 in a research note on Monday, April 24th. Susquehanna reaffirmed a “positive” rating and issued a $208.00 price target on shares of Keysight Technologies in a research note on Thursday, March 9th. Finally, JPMorgan Chase & Co. reduced their price target on Keysight Technologies from $218.00 to $205.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 19th.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $158.72 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.45 and a current ratio of 3.35. Keysight Technologies has a fifty-two week low of $130.07 and a fifty-two week high of $189.45. The stock has a 50 day moving average price of $151.87 and a two-hundred day moving average price of $166.05. The company has a market capitalization of $28.27 billion, a P/E ratio of 24.20, a PEG ratio of 2.62 and a beta of 1.08.

Keysight Technologies (NYSE:KEYS – Get Rating) last announced its quarterly earnings data on Tuesday, May 16th. The scientific and technical instruments company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.17. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Keysight Technologies had a return on equity of 31.75% and a net margin of 21.11%. The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share. Analysts expect that Keysight Technologies will post 7.26 earnings per share for the current year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, Director Kevin A. Stephens bought 420 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was purchased at an average price of $157.45 per share, for a total transaction of $66,129.00. Following the completion of the transaction, the director now owns 5,589 shares of the company’s stock, valued at approximately $879,988.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of large investors have recently added to or reduced their stakes in the company. Bradley Foster & Sargent Inc. CT increased its stake in Keysight Technologies by 0.4% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 13,421 shares of the scientific and technical instruments company’s stock worth $2,296,000 after acquiring an additional 57 shares during the last quarter. Allworth Financial LP increased its stake in Keysight Technologies by 2.5% in the 4th quarter. Allworth Financial LP now owns 2,443 shares of the scientific and technical instruments company’s stock worth $418,000 after acquiring an additional 60 shares during the last quarter. Kentucky Retirement Systems increased its position in shares of Keysight Technologies by 0.4% during the 4th quarter. Kentucky Retirement Systems now owns 14,148 shares of the scientific and technical instruments company’s stock valued at $2,420,000 after purchasing an additional 62 shares during the last quarter. Private Trust Co. NA increased its position in shares of Keysight Technologies by 34.1% during the 4th quarter. Private Trust Co. NA now owns 248 shares of the scientific and technical instruments company’s stock valued at $42,000 after purchasing an additional 63 shares during the last quarter. Finally, Glenview Trust Co increased its position in shares of Keysight Technologies by 3.8% during the 4th quarter. Glenview Trust Co now owns 1,791 shares of the scientific and technical instruments company’s stock valued at $306,000 after purchasing an additional 65 shares during the last quarter. Institutional investors 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.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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