Keysight Technologies, Inc. (NYSE:KEYS – Get Free Report) has received an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $176.55.
KEYS has been the subject of a number of recent research reports. Bank of America decreased their price objective on Keysight Technologies from $148.00 to $142.00 in a report on Friday, August 18th. The Goldman Sachs Group raised Keysight Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $146.00 to $164.00 in a report on Monday, September 4th. Barclays lowered Keysight Technologies from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $204.00 to $144.00 in a report on Friday, August 18th. Morgan Stanley raised Keysight Technologies from an “equal weight” rating to an “overweight” rating and set a $165.00 target price for the company in a report on Friday, September 15th. Finally, StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a report on Friday.
Check Out Our Latest Report on Keysight Technologies
Keysight Technologies Stock Down 0.7 %
KEYS stock opened at $121.91 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.93 and a current ratio of 3.66. The stock’s 50 day simple moving average is $131.97 and its 200 day simple moving average is $149.08. The company has a market cap of $21.65 billion, a P/E ratio of 19.35, a price-to-earnings-growth ratio of 2.80 and a beta of 1.06. Keysight Technologies has a fifty-two week low of $121.51 and a fifty-two week high of $189.45.
Keysight Technologies (NYSE:KEYS – Get Free Report) last issued its quarterly earnings data on Thursday, August 17th. The scientific and technical instruments company reported $2.04 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.15. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. Keysight Technologies had a return on equity of 30.56% and a net margin of 20.19%. On average, research analysts expect that Keysight Technologies will post 7.52 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Keysight Technologies
Several institutional investors have recently made changes to their positions in KEYS. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of Keysight Technologies by 22,598.3% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 59,271,518 shares of the scientific and technical instruments company’s stock valued at $9,925,016,000 after acquiring an additional 59,010,391 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company’s stock valued at $3,214,409,000 after buying an additional 153,857 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Keysight Technologies by 1.6% during the 2nd quarter. BlackRock Inc. now owns 17,693,221 shares of the scientific and technical instruments company’s stock valued at $2,962,730,000 after buying an additional 270,252 shares in the last quarter. State Street Corp raised its holdings in shares of Keysight Technologies by 1.9% during the 2nd quarter. State Street Corp now owns 8,029,013 shares of the scientific and technical instruments company’s stock valued at $1,344,458,000 after buying an additional 150,464 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Keysight Technologies by 13.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,845,261 shares of the scientific and technical instruments company’s stock worth $811,339,000 after purchasing an additional 581,148 shares during the period. Hedge funds and other institutional investors own 81.72% of the company’s stock.
About Keysight Technologies
(Get Free Report
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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.
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