Analysts Set Keysight Technologies Inc (KEYS) PT at $71.50

Shares of Keysight Technologies Inc (NYSE:KEYS) have been assigned an average rating of “Buy” from the eleven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $71.50.

A number of analysts have recently weighed in on the stock. Deutsche Bank raised their price target on shares of Keysight Technologies from $66.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Credit Suisse Group raised their price target on shares of Keysight Technologies from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 22nd. ValuEngine downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, September 4th. Jefferies Financial Group raised their price target on shares of Keysight Technologies to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Finally, Goldman Sachs Group raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating in a research report on Thursday, October 18th.

In other Keysight Technologies news, CFO Neil Dougherty sold 3,999 shares of Keysight Technologies stock in a transaction on Thursday, September 27th. The shares were sold at an average price of $65.57, for a total value of $262,214.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.97% of the company’s stock.

A number of hedge funds have recently bought and sold shares of KEYS. ELM Advisors LLC bought a new stake in Keysight Technologies in the third quarter valued at $101,000. Dupont Capital Management Corp bought a new stake in shares of Keysight Technologies during the second quarter valued at about $102,000. Qube Research & Technologies Ltd bought a new stake in shares of Keysight Technologies during the second quarter valued at about $120,000. Smithfield Trust Co. raised its stake in shares of Keysight Technologies by 2,786.7% during the third quarter. Smithfield Trust Co. now owns 2,165 shares of the scientific and technical instruments company’s stock valued at $143,000 after purchasing an additional 2,090 shares in the last quarter. Finally, First Hawaiian Bank bought a new stake in shares of Keysight Technologies during the third quarter valued at about $149,000. Institutional investors own 87.49% of the company’s stock.

Shares of KEYS stock traded up $0.20 during mid-day trading on Monday, reaching $60.87. 19,106 shares of the company were exchanged, compared to its average volume of 3,956,025. Keysight Technologies has a fifty-two week low of $41.33 and a fifty-two week high of $70.40. The company has a current ratio of 2.42, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $11.00 billion, a P/E ratio of 27.35 and a beta of 1.19.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.10. Keysight Technologies had a net margin of 6.50% and a return on equity of 20.58%. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $961.91 million. During the same quarter last year, the company earned $0.61 earnings per share. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. On average, research analysts predict that Keysight Technologies will post 2.88 EPS for the current year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

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