Keysight Technologies (NYSE:KEYS) Earns “Positive” Rating from Susquehanna

Susquehanna restated their positive rating on shares of Keysight Technologies (NYSE:KEYS) in a research report released on Wednesday morning,Benzinga reports. They currently have a $185.00 target price on the scientific and technical instruments company’s stock.

Other research analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday. Bank of America lifted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday. Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday. Vertical Research initiated coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $170.28 on Wednesday. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $171.05. The firm’s 50 day simple moving average is $156.16 and its 200-day simple moving average is $146.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The company has a market cap of $29.55 billion, a P/E ratio of 48.65, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.34%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $2.04 EPS. The company’s revenue was down 11.9% on a year-over-year basis. As a group, equities research analysts predict that Keysight Technologies will post 6.18 EPS for the current year.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently modified their holdings of KEYS. Ferguson Wellman Capital Management Inc. increased its position in Keysight Technologies by 0.6% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock worth $1,737,000 after buying an additional 73 shares during the last quarter. Wedmont Private Capital raised its stake in shares of Keysight Technologies by 2.8% in the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock valued at $391,000 after acquiring an additional 74 shares in the last quarter. Cromwell Holdings LLC raised its stake in shares of Keysight Technologies by 15.9% in the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after acquiring an additional 75 shares in the last quarter. Allworth Financial LP lifted its holdings in Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after purchasing an additional 75 shares during the last quarter. Finally, Diversified LLC boosted its position in Keysight Technologies by 3.6% during the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock worth $309,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

About Keysight Technologies

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.