Keysight Technologies (NYSE:KEYS) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Keysight Technologies (NYSE:KEYS) had its price target raised by Deutsche Bank Aktiengesellschaft from $175.00 to $180.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a buy rating on the scientific and technical instruments company’s stock.

A number of other research firms have also recently issued reports on KEYS. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Bank of America boosted their price objective on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Vertical Research assumed coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective on the stock. Finally, StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Down 0.1 %

Shares of KEYS stock opened at $170.28 on Wednesday. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $171.05. The firm has a market cap of $29.55 billion, a PE ratio of 48.65, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98. The stock has a 50 day moving average of $156.16 and a 200-day moving average of $146.27. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. Keysight Technologies’s quarterly revenue was down 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.04 earnings per share. On average, equities analysts predict that Keysight Technologies will post 6.18 EPS for the current year.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of KEYS. Swedbank AB acquired a new position in Keysight Technologies in the first quarter worth $621,993,000. Price T Rowe Associates Inc. MD boosted its stake in Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after purchasing an additional 2,462,543 shares in the last quarter. Capital World Investors acquired a new position in Keysight Technologies in the first quarter worth $250,097,000. Boston Partners acquired a new position in Keysight Technologies in the first quarter worth $175,979,000. Finally, Geode Capital Management LLC boosted its stake in Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.