Keysight Technologies (NYSE:KEYS) Given New $180.00 Price Target at Morgan Stanley

Keysight Technologies (NYSE:KEYS - Free Report) had its target price increased by Morgan Stanley from $165.00 to $180.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the scientific and technical instruments company's stock.

A number of other analysts also recently issued reports on the company. Susquehanna lowered their target price on Keysight Technologies from $195.00 to $185.00 and set a "positive" rating on the stock in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an "overweight" rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. StockNews.com raised Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Friday, November 15th. Bank of America boosted their price target on Keysight Technologies from $135.00 to $150.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a "buy" rating in a research report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $177.30.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $13.35 during mid-day trading on Wednesday, reaching $165.48. The stock had a trading volume of 3,222,669 shares, compared to its average volume of 1,191,598. The firm's 50 day simple moving average is $155.38 and its 200 day simple moving average is $145.97. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. Keysight Technologies has a one year low of $119.72 and a one year high of $168.46. The firm has a market cap of $28.72 billion, a PE ratio of 30.81, a P/E/G ratio of 4.38 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies's revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the company earned $2.04 EPS. On average, analysts forecast that Keysight Technologies will post 5.48 EPS for the current year.

Insider Activity

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. This represents a 3.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of Keysight Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Meeder Asset Management Inc. acquired a new stake in Keysight Technologies in the second quarter valued at $27,000. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the third quarter valued at $29,000. Family Firm Inc. acquired a new stake in Keysight Technologies in the second quarter valued at $30,000. Finally, American National Bank & Trust acquired a new stake in Keysight Technologies in the third quarter valued at $31,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.