Keysight Technologies (NYSE:KEYS) Upgraded at Wall Street Zen

Key Points

• Keysight Technologies received an upgrade from a "buy" to a "strong-buy" rating by Wall Street Zen, reflecting increasing analyst confidence in the company's prospects.
• JPMorgan Chase raised its price target for Keysight Technologies from $177 to $200, while other analysts also adjusted their price targets upward, indicating positive market sentiment.
• The company reported a quarterly earnings per share (EPS) of $1.72, exceeding estimates, and noted an increase in revenue by 11.1% compared to the same quarter last year.

Keysight Technologies (NYSE:KEYS - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report issued on Friday.

Other equities research analysts have also issued research reports about the stock. Barclays lowered their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Morgan Stanley raised their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Finally, Bank of America lifted their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $187.38.

Keysight Technologies Price Performance

KEYS stock traded down $0.17 during trading on Friday, hitting $169.12. 739,577 shares of the company's stock traded hands, compared to its average volume of 987,471. The business has a fifty day simple moving average of $164.03 and a 200 day simple moving average of $156.85. The stock has a market capitalization of $29.06 billion, a price-to-earnings ratio of 53.86, a P/E/G ratio of 2.35 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. Keysight Technologies has a 52 week low of $121.43 and a 52 week high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.05. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business's revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. As a group, research analysts expect that Keysight Technologies will post 6.32 EPS for the current fiscal year.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the senior vice president owned 108,590 shares in the company, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the transaction, the chief financial officer owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Institutional Trading of Keysight Technologies

Several large investors have recently bought and sold shares of the stock. Central Pacific Bank Trust Division boosted its holdings in shares of Keysight Technologies by 97.8% in the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 90 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of Keysight Technologies by 358.3% in the 2nd quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 129 shares during the last quarter. Accent Capital Management LLC purchased a new stake in shares of Keysight Technologies in the 1st quarter valued at $28,000. NewSquare Capital LLC boosted its holdings in shares of Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company's stock valued at $28,000 after acquiring an additional 104 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Keysight Technologies in the 2nd quarter valued at $34,000. Hedge funds and other institutional investors 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.