Keysight Technologies (NYSE:KEYS) Upgraded to “Overweight” at Barclays

Barclays upgraded shares of Keysight Technologies (NYSE:KEYS) from an equal weight rating to an overweight rating in a research note published on Monday morning, MarketBeat Ratings reports. The firm currently has $180.00 target price on the scientific and technical instruments company’s stock, up from their previous target price of $158.00.

Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Bank of America lifted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. increased their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Susquehanna lowered their price objective 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. Finally, Vertical Research assumed coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $170.89.

Keysight Technologies Stock Up 2.1 %

Shares of KEYS stock opened at $165.18 on Monday. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $165.35. The stock has a market cap of $28.67 billion, a P/E ratio of 31.77, a P/E/G ratio of 4.54 and a beta of 0.98. The company has a 50 day simple moving average of $154.07 and a two-hundred day simple moving average of $145.46.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $2.04 EPS. Keysight Technologies’s revenue was down 11.9% on a year-over-year basis. On average, research analysts expect that Keysight Technologies will post 5.43 earnings per share for the current year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies 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 completion of the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors have recently modified their holdings of the stock. Meeder Asset Management Inc. purchased a new position in shares of Keysight Technologies during the 2nd quarter worth about $27,000. Family Firm Inc. purchased a new position in shares of Keysight Technologies during the second quarter valued at approximately $30,000. Larson Financial Group LLC bought a new position in shares of Keysight Technologies during the first quarter valued at approximately $31,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the third quarter worth approximately $31,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 184 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

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.