Keysight Technologies’ (KEYS) Positive Rating Reiterated at Susquehanna

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

A number of other research firms have also recently weighed in on KEYS. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday. Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday. Bank of America raised their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday. Finally, Vertical Research initiated coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $170.28 on Wednesday. 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 business has a 50 day moving average of $156.16 and a two-hundred day moving average of $146.27. The company has a market cap of $29.55 billion, a P/E ratio of 48.65, a PEG ratio of 4.46 and a beta of 0.98. Keysight Technologies has a 52 week low of $119.72 and a 52 week high of $171.05.

Keysight Technologies (NYSE:KEYS) last issued 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. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The firm’s revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.04 EPS. As a group, analysts anticipate that Keysight Technologies will post 6.18 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies during the third quarter valued at approximately $29,000. American National Bank & Trust bought a new stake in Keysight Technologies during the third quarter worth approximately $31,000. Meeder Asset Management Inc. acquired a new position in Keysight Technologies in the second quarter worth approximately $27,000. Finally, Family Firm Inc. bought a new position in shares of Keysight Technologies in the second quarter valued at $30,000. 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.