UBS Group began coverage on shares of Keysight Technologies (NYSE:KEYS) in a research note released on Tuesday morning, The Fly reports. The brokerage issued a buy rating and a $133.00 target price on the scientific and technical instruments company’s stock.
Other equities research analysts have also issued reports about the stock. Goldman Sachs Group increased their target price on shares of Keysight Technologies from $120.00 to $127.00 and gave the stock a buy rating in a report on Friday, August 21st. Edward Jones assumed coverage on shares of Keysight Technologies in a research note on Tuesday, August 4th. They set a buy rating for the company. Robert W. Baird boosted their price target on shares of Keysight Technologies from $105.00 to $112.00 and gave the stock an outperform rating in a research note on Friday, August 21st. Susquehanna Bancshares reaffirmed a buy rating and issued a $130.00 target price on shares of Keysight Technologies in a report on Thursday, June 18th. Finally, Credit Suisse Group reissued a buy rating on shares of Keysight Technologies in a research note on Monday, August 17th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Keysight Technologies currently has a consensus rating of Buy and an average price target of $125.64.
Keysight Technologies stock opened at $97.20 on Tuesday. Keysight Technologies has a 12 month low of $77.93 and a 12 month high of $110.00. The company has a current ratio of 3.34, a quick ratio of 2.55 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $97.81 and its two-hundred day simple moving average is $96.54. The company has a market capitalization of $18.00 billion, a price-to-earnings ratio of 30.25, a price-to-earnings-growth ratio of 2.52 and a beta of 1.07.
Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Thursday, August 20th. The scientific and technical instruments company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.36. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $913.42 million. Keysight Technologies had a return on equity of 25.02% and a net margin of 14.68%. The company’s quarterly revenue was down 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.25 earnings per share. On average, equities research analysts predict that Keysight Technologies will post 4.18 EPS for the current year.
Several large investors have recently modified their holdings of the company. Public Employees Retirement Association of Colorado raised its stake in shares of Keysight Technologies by 1.0% during the first quarter. Public Employees Retirement Association of Colorado now owns 26,998 shares of the scientific and technical instruments company’s stock valued at $2,259,000 after acquiring an additional 265 shares in the last quarter. Russell Investments Group Ltd. raised its position in Keysight Technologies by 19.6% during the 1st quarter. Russell Investments Group Ltd. now owns 153,538 shares of the scientific and technical instruments company’s stock valued at $12,964,000 after purchasing an additional 25,146 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Keysight Technologies by 21.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 23,247 shares of the scientific and technical instruments company’s stock worth $1,945,000 after buying an additional 4,155 shares during the period. Oppenheimer & Co. Inc. grew its position in shares of Keysight Technologies by 90.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 19,091 shares of the scientific and technical instruments company’s stock worth $1,598,000 after buying an additional 9,072 shares in the last quarter. Finally, TimesSquare Capital Management LLC purchased a new position in shares of Keysight Technologies during the first quarter valued at $39,137,000. 86.91% of the stock is currently 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, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
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