Analysts Set Keysight Technologies, Inc. (NYSE:KEYS) Target Price at $160.63

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have received an average rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $160.63.

A number of equities research analysts have weighed in on KEYS shares. Citigroup lifted their price target on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, Barclays lifted their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 21st.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $146.89 on Tuesday. The company’s 50-day moving average price is $154.05 and its 200-day moving average price is $146.00. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The company has a market cap of $25.64 billion, a P/E ratio of 26.95, a P/E/G ratio of 6.87 and a beta of 1.05. Keysight Technologies has a twelve month low of $118.57 and a twelve month high of $172.72.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same period last year, the business earned $1.72 earnings per share. Keysight Technologies’s revenue was down 8.8% compared to the same quarter last year. On average, sell-side analysts forecast that Keysight Technologies will post 5.4 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KEYS. Ancora Advisors LLC purchased a new position in Keysight Technologies in the third quarter worth approximately $25,000. Rise Advisors LLC purchased a new stake in shares of Keysight Technologies during the 1st quarter worth approximately $25,000. OFI Invest Asset Management purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $26,000. Quarry LP purchased a new stake in shares of Keysight Technologies during the 2nd quarter worth approximately $27,000. Finally, VitalStone Financial LLC purchased a new stake in shares of Keysight Technologies during the 1st quarter worth approximately $35,000. 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.