Keysight Technologies (NYSE:KEYS) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Keysight Technologies (NYSE:KEYS – Get Rating) in a research report issued on Thursday. The brokerage set a “buy” rating on the scientific and technical instruments company’s stock.

A number of other analysts have also issued reports on the stock. The Goldman Sachs Group lowered shares of Keysight Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $196.00 to $189.00 in a research report on Tuesday, January 10th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $178.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, March 8th. Barclays raised shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $175.00 to $202.00 in a research report on Tuesday, January 10th. Morgan Stanley increased their price target on shares of Keysight Technologies from $170.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 13th. Finally, Susquehanna Bancshares reduced their price target on shares of Keysight Technologies from $205.00 to $200.00 and set a “positive” rating for the company in a research report on Friday, November 18th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.75.

Keysight Technologies Price Performance

KEYS stock opened at $154.45 on Thursday. The company has a current ratio of 3.07, a quick ratio of 2.45 and a debt-to-equity ratio of 0.41. Keysight Technologies has a one year low of $127.93 and a one year high of $189.45. The firm has a market capitalization of $27.51 billion, a PE ratio of 24.17, a P/E/G ratio of 2.57 and a beta of 1.07. The firm has a 50-day moving average of $173.43 and a two-hundred day moving average of $170.43.

Keysight Technologies (NYSE:KEYS – Get Rating) last posted its quarterly earnings data on Tuesday, February 21st. The scientific and technical instruments company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.17. Keysight Technologies had a net margin of 20.81% and a return on equity of 32.50%. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same period in the prior year, the firm earned $1.41 earnings per share. The business’s quarterly revenue was up 10.5% on a year-over-year basis. On average, analysts forecast that Keysight Technologies will post 7.3 earnings per share for the current year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, insider Ronald S. Nersesian sold 18,069 shares of Keysight Technologies stock in a transaction on Friday, December 23rd. The stock was sold at an average price of $170.00, for a total transaction of $3,071,730.00. Following the completion of the transaction, the insider now directly owns 275,209 shares of the company’s stock, valued at $46,785,530. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KEYS. Hillsdale Investment Management Inc. lifted its position in shares of Keysight Technologies by 2.1% during the third quarter. Hillsdale Investment Management Inc. now owns 3,675 shares of the scientific and technical instruments company’s stock worth $579,000 after purchasing an additional 75 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Keysight Technologies by 10.9% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 118,677 shares of the scientific and technical instruments company’s stock valued at $18,675,000 after buying an additional 11,640 shares during the period. Creative Planning increased its stake in shares of Keysight Technologies by 8.6% in the 3rd quarter. Creative Planning now owns 31,492 shares of the scientific and technical instruments company’s stock valued at $4,956,000 after buying an additional 2,507 shares during the period. Alta Advisers Ltd acquired a new position in shares of Keysight Technologies during the third quarter valued at $110,000. Finally, Balasa Dinverno & Foltz LLC bought a new position in Keysight Technologies in the third quarter valued at about $266,000. 81.69% of the stock is owned by institutional investors.

Keysight Technologies Company Profile

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Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.