Keysight Technologies (NYSE:KEYS) Price Target Increased to $205.00 by Analysts at UBS Group

Keysight Technologies (NYSE:KEYS – Get Rating) had its price target raised by UBS Group from $187.00 to $205.00 in a research report sent to investors on Tuesday, The Fly reports. The UBS Group currently has a buy rating on the scientific and technical instruments company’s stock.

Other equity analysts have also recently issued reports about the company. Robert W. Baird raised their price objective on Keysight Technologies from $169.00 to $190.00 and gave the company an outperform rating in a research note on Thursday, August 18th. Susquehanna Bancshares decreased their target price on Keysight Technologies from $205.00 to $200.00 and set a positive rating for the company in a research report on Friday, November 18th. Morgan Stanley decreased their target price on Keysight Technologies from $172.00 to $170.00 and set an equal weight rating for the company in a research report on Monday, November 14th. Citigroup raised their target price on Keysight Technologies from $220.00 to $225.00 and gave the company a buy rating in a research report on Thursday, August 18th. Finally, Susquehanna decreased their target price on 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 equity research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of $195.58.

Keysight Technologies Price Performance

Shares of KEYS opened at $173.11 on Tuesday. Keysight Technologies has a 12-month low of $127.93 and a 12-month high of $209.08. The business’s fifty day moving average is $166.10 and its 200 day moving average is $157.31. The company has a quick ratio of 2.40, a current ratio of 3.01 and a debt-to-equity ratio of 0.43. The stock has a market cap of $30.95 billion, a P/E ratio of 28.01, a P/E/G ratio of 2.78 and a beta of 1.06.

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Keysight Technologies (NYSE:KEYS – Get Rating) last issued its earnings results on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.15. Keysight Technologies had a return on equity of 32.51% and a net margin of 20.74%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business earned $1.71 EPS. Keysight Technologies’ quarterly revenue was up 11.5% compared to the same quarter last year. Sell-side analysts anticipate that Keysight Technologies will post 7.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP John C. Skinner sold 3,625 shares of Keysight Technologies stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $176.06, for a total transaction of $638,217.50. Following the completion of the transaction, the vice president now owns 17,005 shares of the company’s stock, valued at approximately $2,993,900.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed via this link. In other news, VP John C. Skinner sold 3,625 shares of Keysight Technologies stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $176.06, for a total transaction of $638,217.50. Following the completion of the sale, the vice president now owns 17,005 shares in the company, valued at approximately $2,993,900.30. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP John Page sold 6,910 shares of Keysight Technologies stock in a transaction dated Friday, September 30th. The shares were sold at an average price of $161.48, for a total value of $1,115,826.80. Following the sale, the senior vice president now owns 57,201 shares of the company’s stock, valued at approximately $9,236,817.48. The disclosure for this sale can be found here. Insiders own 0.55% of the company’s stock.

Institutional Trading of Keysight Technologies

Large investors have recently modified their holdings of the business. Dorsey & Whitney Trust CO LLC lifted its position in Keysight Technologies by 4.4% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,575 shares of the scientific and technical instruments company’s stock worth $217,000 after buying an additional 66 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Keysight Technologies by 13.6% in the third quarter. Jones Financial Companies Lllp now owns 567 shares of the scientific and technical instruments company’s stock valued at $89,000 after purchasing an additional 68 shares during the last quarter. Mather Group LLC. lifted its position in Keysight Technologies by 3.8% in the second quarter. Mather Group LLC. now owns 1,862 shares of the scientific and technical instruments company’s stock valued at $257,000 after purchasing an additional 69 shares during the last quarter. Cibc World Market Inc. lifted its position in Keysight Technologies by 0.5% in the second quarter. Cibc World Market Inc. now owns 15,758 shares of the scientific and technical instruments company’s stock valued at $2,172,000 after purchasing an additional 71 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Keysight Technologies by 37.1% in the second quarter. Geneos Wealth Management Inc. now owns 277 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 81.87% of the company’s stock.

About Keysight Technologies

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Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronics, 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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