Barclays Raises Keysight Technologies (NYSE:KEYS) Price Target to $200.00

Keysight Technologies (NYSE:KEYS - Get Free Report) had its target price increased by Barclays from $180.00 to $200.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the scientific and technical instruments company's stock. Barclays's price objective would indicate a potential upside of 20.86% from the stock's current price.

KEYS has been the topic of several other reports. Bank of America increased their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 21st. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a "positive" rating for the company in a research note on Wednesday, August 21st. Vertical Research began coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They issued a "buy" rating and a $175.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and a consensus target price of $177.30.

Keysight Technologies Stock Performance

NYSE KEYS traded up $13.35 on Wednesday, hitting $165.48. 3,222,669 shares of the company's stock were exchanged, compared to its average volume of 1,191,598. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm's 50-day moving average price is $155.38 and its two-hundred day moving average price is $145.97. The firm has a market cap of $28.72 billion, a price-to-earnings ratio of 30.81, a P/E/G ratio of 4.38 and a beta of 0.98. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $168.46.

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

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business's stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 3.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.60% of the company's stock.

Institutional Trading of Keysight Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in KEYS. Truvestments Capital LLC purchased a new position in Keysight Technologies during the 3rd quarter valued at about $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies during the 3rd quarter worth about $29,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies in the third quarter worth $31,000. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter worth about $27,000. Finally, Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter valued at approximately $30,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Company Profile

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.