Morgan Stanley Reaffirms "Equal Weight" Rating for Keysight Technologies (NYSE:KEYS)

Key Points

• Morgan Stanley has reaffirmed its "equal weight" rating for Keysight Technologies with a target price of $180.00, suggesting a potential upside of 5.17% from the current stock price.
• Other analysts have mixed ratings on the stock, with Bank of America raising its target price to $179.00 and Barclays lowering it to $195.00, while the average price target among analysts stands at $187.38.
• Keysight Technologies recently reported $1.72 EPS for the quarter, exceeding estimates, and had an increase in revenue of 11.1% compared to the same quarter last year.

Keysight Technologies (NYSE:KEYS - Get Free Report)'s stock had its "equal weight" rating reissued by Morgan Stanley in a report issued on Friday,Benzinga reports. They presently have a $180.00 target price on the scientific and technical instruments company's stock. Morgan Stanley's target price indicates a potential upside of 5.17% from the stock's current price.

A number of other equities research analysts also recently issued reports on the stock. Bank of America increased their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. Barclays lowered their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an "overweight" rating on the stock in a report on Wednesday, August 20th. JPMorgan Chase & Co. increased their price target 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. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Keysight Technologies in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $187.38.

Keysight Technologies Price Performance

NYSE KEYS opened at $171.15 on Friday. The company has a market cap of $29.41 billion, a PE ratio of 54.51, a price-to-earnings-growth ratio of 2.40 and a beta of 1.18. Keysight Technologies has a 52 week low of $121.43 and a 52 week high of $186.20. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The firm's 50-day simple moving average is $168.37 and its two-hundred day simple moving average is $159.54.

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

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KEYS. True Wealth Design LLC grew its position in Keysight Technologies by 358.3% during the second 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 bought a new position in Keysight Technologies during the first quarter valued at approximately $28,000. NewSquare Capital LLC grew its holdings in shares of Keysight Technologies by 155.2% in the second quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company's stock worth $28,000 after purchasing an additional 104 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Keysight Technologies in the second quarter worth approximately $34,000. Finally, Manchester Capital Management LLC grew its holdings in shares of Keysight Technologies by 85.0% in the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 108 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

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.

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