Keysight Technologies (NYSE:KEYS) Price Target Raised to $180.00 at Robert W. Baird

Keysight Technologies (NYSE:KEYS - Get Free Report) had its price objective hoisted by equities researchers at Robert W. Baird from $163.00 to $180.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an "outperform" rating on the scientific and technical instruments company's stock. Robert W. Baird's target price points to a potential upside of 8.77% from the company's current price.

A number of other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday. Morgan Stanley boosted their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday. Susquehanna lowered their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a "positive" rating on the stock in a report on Wednesday, August 21st. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an "underperform" rating in a report on Wednesday, August 21st. One 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. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.

Keysight Technologies Stock Up 8.8 %

Shares of KEYS stock traded up $13.35 on Wednesday, reaching $165.48. 3,222,669 shares of the company were exchanged, compared to its average volume of 1,191,598. The company has a market cap of $28.72 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 4.38 and a beta of 0.98. The company has a 50-day moving average of $155.38 and a 200-day moving average of $145.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies has a one year low of $119.72 and a one year high of $168.46.

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

Insider Buying and Selling at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the company's stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now owns 42,160 shares of the company's stock, valued at approximately $6,576,960. This represents a 3.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KEYS. State Street Corp grew its position in Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock worth $1,248,773,000 after acquiring an additional 194,294 shares in the last quarter. Swedbank AB raised its stake in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after acquiring an additional 323,235 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Keysight Technologies by 352.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company's stock valued at $494,299,000 after acquiring an additional 2,462,543 shares during the last quarter. Finally, Capital World Investors bought a new position in shares of Keysight Technologies during the first quarter valued at about $250,097,000. Institutional investors own 84.58% of the company's stock.

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.