Keysight Technologies (NYSE:KEYS) Given Positive Rating at Susquehanna

Keysight Technologies (NYSE:KEYS)‘s stock had its “positive” rating reissued by equities research analysts at Susquehanna in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $185.00 target price on the scientific and technical instruments company’s stock. Susquehanna’s price target would indicate a potential upside of 8.83% from the company’s current price.

A number of other equities analysts also recently commented on the company. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Barclays lifted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Vertical Research started coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. Finally, StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $169.99 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The company has a market cap of $29.50 billion, a price-to-earnings ratio of 48.57, a PEG ratio of 4.46 and a beta of 0.98. Keysight Technologies has a 1 year low of $119.72 and a 1 year high of $170.52. The firm has a 50 day moving average price of $155.72 and a 200 day moving average price of $146.10.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the firm posted $2.04 EPS. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. Sell-side analysts predict that Keysight Technologies will post 6.18 earnings per share for the current year.

Institutional Trading of Keysight Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Swedbank AB lifted its holdings in shares of Keysight Technologies by 3.8% in the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Natixis Advisors LLC lifted its stake in Keysight Technologies by 8.7% in the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after buying an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after acquiring an additional 7,106 shares during the last quarter. Capital International Sarl acquired a new stake in shares of Keysight Technologies in the 1st quarter worth about $2,434,000. Finally, Teachers Retirement System of The State of Kentucky lifted its position in Keysight Technologies by 172.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock valued at $6,565,000 after purchasing an additional 26,577 shares during the last quarter. Institutional investors and hedge funds 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.