Analysts Set Keysight Technologies, Inc. (NYSE:KEYS) Target Price at $166.33

Keysight Technologies, Inc. (NYSE:KEYS) has earned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $166.33.

KEYS has been the subject of a number of recent analyst reports. Susquehanna lowered their price objective on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday, May 21st. Barclays boosted their price objective on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Finally, Robert W. Baird boosted their price target on Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 21st.

Keysight Technologies Trading Down 0.8 %

Shares of KEYS stock opened at $135.33 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average is $142.56 and its two-hundred day moving average is $150.16. The company has a market capitalization of $23.62 billion, a P/E ratio of 29.48, a price-to-earnings-growth ratio of 4.71 and a beta of 0.95. Keysight Technologies has a twelve month low of $118.57 and a twelve month high of $172.72.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.01. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. Equities analysts forecast that Keysight Technologies will post 5.25 EPS for the current year.

Insider Activity

In other news, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the sale, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Keysight Technologies news, Director Kevin A. Stephens bought 460 shares of the stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the transaction, the vice president now directly owns 3,913 shares in the company, valued at $533,928.85. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds have recently bought and sold shares of the business. Mutual Advisors LLC grew its position in shares of Keysight Technologies by 4.9% in the third quarter. Mutual Advisors LLC now owns 3,284 shares of the scientific and technical instruments company’s stock valued at $435,000 after purchasing an additional 153 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Keysight Technologies by 1.8% during the third quarter. Tower Research Capital LLC TRC now owns 14,813 shares of the scientific and technical instruments company’s stock worth $1,960,000 after purchasing an additional 268 shares during the period. Ancora Advisors LLC bought a new position in Keysight Technologies during the third quarter worth about $25,000. Gotham Asset Management LLC lifted its stake in Keysight Technologies by 524.7% during the third quarter. Gotham Asset Management LLC now owns 30,199 shares of the scientific and technical instruments company’s stock worth $3,996,000 after purchasing an additional 25,365 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in shares of Keysight Technologies by 45.5% during the third quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock worth $37,390,000 after buying an additional 88,406 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

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.