Keysight Technologies (NYSE:KEYS) PT Lowered to $160.00

Keysight Technologies (NYSE:KEYS) had its price target decreased by stock analysts at Robert W. Baird from $167.00 to $160.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “outperform” rating on the scientific and technical instruments company’s stock. Robert W. Baird’s target price indicates a potential upside of 15.47% from the stock’s current price.

KEYS has been the subject of a number of other research reports. Barclays lifted their price target on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 21st. Bank of America decreased their target price on Keysight Technologies from $150.00 to $135.00 and set an “underperform” rating on the stock in a report on Tuesday, August 13th. Susquehanna dropped their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday, May 21st. Finally, Vertical Research began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $164.78.

Keysight Technologies Trading Up 0.1 %

Shares of NYSE:KEYS opened at $138.57 on Monday. The firm has a market cap of $24.19 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 4.58 and a beta of 0.95. The company’s fifty day simple moving average is $135.32 and its 200 day simple moving average is $145.34. Keysight Technologies has a 12 month low of $118.57 and a 12 month high of $162.51. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. As a group, research analysts forecast that Keysight Technologies will post 5.25 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, Director Kevin A. Stephens bought 460 shares of the stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kevin A. Stephens purchased 460 shares of Keysight Technologies stock in a transaction on Tuesday, May 28th. The stock was bought at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now directly owns 7,681 shares in the company, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Rise Advisors LLC bought a new position in shares of Keysight Technologies during the 1st quarter worth about $25,000. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies during the second quarter valued at approximately $27,000. Larson Financial Group LLC acquired a new position in shares of Keysight Technologies during the first quarter worth approximately $31,000. Family Firm Inc. acquired a new stake in Keysight Technologies in the 2nd quarter valued at $30,000. Finally, GPS Wealth Strategies Group LLC increased its stake in 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 valued at $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

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.