Morgan Stanley Reaffirms “Equal Weight” Rating for Keysight Technologies (NYSE:KEYS)

Keysight Technologies (NYSE:KEYS)‘s stock had its “equal weight” rating reiterated by research analysts at Morgan Stanley in a note issued to investors on Friday, MarketBeat Ratings reports. They presently have a $180.00 price objective on the scientific and technical instruments company’s stock. Morgan Stanley’s price target would indicate a potential upside of 12.93% from the stock’s previous close.

A number of other equities research analysts have also weighed in on KEYS. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday. Bank of America boosted their target price on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Finally, Barclays lowered their price target on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $187.38.

Keysight Technologies Trading Down 6.8%

NYSE KEYS opened at $159.39 on Friday. Keysight Technologies has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average of $168.39 and a 200-day moving average of $159.56. The firm has a market cap of $27.39 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the company posted $1.57 EPS. Keysight Technologies’s revenue for the quarter was up 11.1% on a year-over-year basis. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, sell-side analysts forecast that Keysight Technologies will post 6.32 EPS for the current year.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.61% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. True Wealth Design LLC grew its holdings in shares of Keysight Technologies by 358.3% during the 2nd quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 129 shares during the period. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the 1st quarter worth approximately $28,000. NewSquare Capital LLC grew its holdings in shares of Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock worth $28,000 after acquiring an additional 104 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Keysight Technologies during the 2nd quarter worth approximately $34,000. Finally, Manchester Capital Management LLC grew its holdings in shares of Keysight Technologies by 85.0% during the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 108 shares during the period. Hedge funds and other institutional investors own 84.58% 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, 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.