Keysight Technologies (KEYS) PT Raised to $100.00

Keysight Technologies (NYSE:KEYS) had its price objective upped by Stifel Nicolaus from $87.00 to $100.00 in a research note issued to investors on Monday, The Fly reports. The brokerage presently has a “buy” rating on the scientific and technical instruments company’s stock. Stifel Nicolaus’ target price points to a potential upside of 12.18% from the company’s previous close.

KEYS has been the subject of a number of other reports. Dougherty & Co reissued a “sell” rating on shares of Keysight Technologies in a report on Friday, March 1st. Deutsche Bank increased their price target on shares of Keysight Technologies to $100.00 and gave the company a “buy” rating in a report on Friday, February 22nd. Citigroup upgraded shares of Keysight Technologies to a “top pick” rating and set a $100.00 price objective for the company in a research note on Friday, February 22nd. Zacks Investment Research upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research note on Thursday, February 14th. Finally, Credit Suisse Group increased their price objective on shares of Keysight Technologies from $75.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $86.11.

Shares of Keysight Technologies stock opened at $89.14 on Monday. The company has a quick ratio of 1.36, a current ratio of 1.82 and a debt-to-equity ratio of 0.49. Keysight Technologies has a fifty-two week low of $50.25 and a fifty-two week high of $89.56. The firm has a market capitalization of $16.76 billion, a price-to-earnings ratio of 29.71 and a beta of 1.17.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.09. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $978.22 million. On average, equities research analysts expect that Keysight Technologies will post 3.66 earnings per share for the current fiscal year.

In related news, CFO Neil Dougherty sold 42,133 shares of the stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $84.85, for a total transaction of $3,574,985.05. Following the completion of the sale, the chief financial officer now owns 77,217 shares in the company, valued at approximately $6,551,862.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Adam Wallace sold 4,775 shares of the stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $85.65, for a total transaction of $408,978.75. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,707 shares of company stock valued at $8,455,884. Corporate insiders own 0.65% of the company’s stock.

Several institutional investors have recently made changes to their positions in KEYS. Kaizen Advisory LLC acquired a new stake in Keysight Technologies in the 4th quarter valued at about $32,000. Sun Life Financial INC acquired a new stake in Keysight Technologies in the 4th quarter valued at about $32,000. Parkside Financial Bank & Trust increased its position in Keysight Technologies by 41.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock valued at $33,000 after acquiring an additional 154 shares in the last quarter. Guardian Life Insurance Co. of America acquired a new stake in Keysight Technologies in the 4th quarter valued at about $33,000. Finally, Liberty Wealth Management LLC acquired a new stake in Keysight Technologies in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 89.22% of the company’s stock.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation 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 optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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