Zacks Research cut shares of Keysight Technologies (NYSE:KEYS – Free Report) from a strong-buy rating to a hold rating in a research note released on Monday,Zacks reports.
Several other research analysts also recently weighed in on the company. Weiss Ratings upgraded Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 20th. Truist Financial upped their price objective on shares of Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Barclays lifted their target price on shares of Keysight Technologies from $387.00 to $429.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, Susquehanna lifted their target price on shares of Keysight Technologies from $425.00 to $440.00 and gave the stock a “positive” rating in a research note on Wednesday, August 19th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $401.42.
Get Our Latest Analysis on Keysight Technologies
Keysight Technologies Stock Performance
NYSE KEYS opened at $334.32 on Monday. Keysight Technologies has a 52-week low of $163.32 and a 52-week high of $389.93. The company has a 50-day simple moving average of $343.44 and a 200 day simple moving average of $338.06. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.62 and a current ratio of 2.02. The company has a market capitalization of $56.92 billion, a PE ratio of 45.92, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17.
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter in the previous year, the firm posted $1.72 earnings per share. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. On average, research analysts predict that Keysight Technologies will post 10.33 EPS for the current year.
Insider Transactions at Keysight Technologies
In related news, CEO Satish Dhanasekaran sold 3,000 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $364.13, for a total value of $1,092,390.00. Following the sale, the chief executive officer owned 118,391 shares in the company, valued at approximately $43,109,714.83. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 200 shares of Keysight Technologies stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $348.01, for a total value of $69,602.00. Following the sale, the vice president directly owned 6,134 shares of the company’s stock, valued at $2,134,693.34. This represents a 3.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 12,200 shares of company stock valued at $4,082,752. Corporate insiders own 0.40% of the company’s stock.
Hedge Funds Weigh In On Keysight Technologies
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KEYS. BlackRock Inc. purchased a new position in Keysight Technologies during the second quarter valued at $7,030,806,000. Legal & General Group Plc bought a new stake in Keysight Technologies in the second quarter worth $464,017,000. Deutsche Bank AG bought a new stake in Keysight Technologies in the second quarter worth $361,977,000. Man Group plc purchased a new stake in shares of Keysight Technologies in the second quarter worth $338,117,000. Finally, Jupiter Topco LLC purchased a new stake in shares of Keysight Technologies in the second quarter worth $324,535,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.
Keysight Technologies Company Profile
Keysight Technologies, Inc (NYSE: KEYS) provides electronic design and test solutions used to develop, validate, and optimize communications systems, electronic devices, and other technologies. Its customers include companies in the communications, aerospace and defense, automotive, semiconductor, electronics, energy, education, and government sectors.
The company’s product portfolio includes electronic test and measurement instruments, software, network test and visibility solutions, radio-frequency and microwave systems, oscilloscopes, signal analyzers, wireless and wireline test platforms, and cybersecurity testing tools.
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