Keysight Technologies (NYSE:KEYS) Given New $200.00 Price Target at Barclays

Keysight Technologies (NYSE:KEYS) had its price target increased by Barclays from $180.00 to $200.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the scientific and technical instruments company’s stock.

Several other equities analysts have also recently issued reports on KEYS. Wells Fargo & Company reissued an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley lifted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Finally, StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, November 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Trading Up 8.8 %

Shares of KEYS opened at $165.48 on Wednesday. The stock has a market capitalization of $28.72 billion, a P/E ratio of 47.28, a PEG ratio of 4.46 and a beta of 0.98. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $168.46. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $155.72 and a two-hundred day simple moving average of $146.10.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. Keysight Technologies’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period last year, the firm earned $2.04 earnings per share. On average, research analysts anticipate that Keysight Technologies will post 6.18 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in shares of Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares in the last quarter. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies during the 3rd quarter valued at about $35,000. Executive Wealth Management LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at about $205,000. Peloton Wealth Strategists raised its holdings in Keysight Technologies by 4.3% in the third quarter. Peloton Wealth Strategists now owns 4,845 shares of the scientific and technical instruments company’s stock worth $770,000 after buying an additional 200 shares during the last quarter. Finally, Groupama Asset Managment lifted its stake in shares of Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 9,437 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

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.