Keysight Technologies (NYSE:KEYS) Earns “Positive” Rating from Susquehanna

Susquehanna reaffirmed their positive rating on shares of Keysight Technologies (NYSE:KEYS) in a report released on Wednesday,Benzinga reports. Susquehanna currently has a $185.00 price target on the scientific and technical instruments company’s stock.

KEYS has been the subject of several other research reports. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Wells Fargo & Company restated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Bank of America lifted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $165.48 on Wednesday. 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 company has a market capitalization of $28.72 billion, a PE ratio of 47.28, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98. Keysight Technologies has a one year low of $119.72 and a one year high of $168.46. The business has a 50 day simple moving average of $155.72 and a 200 day simple moving average of $146.10.

Keysight Technologies (NYSE:KEYS) 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 19.34% and a net margin of 12.32%. 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, sell-side analysts forecast that Keysight Technologies will post 6.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the third quarter worth $28,000. Erste Asset Management GmbH acquired a new stake in shares of Keysight Technologies during the third quarter worth $29,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies during the third quarter worth $31,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth $27,000. Finally, Family Firm Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth $30,000. 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.