Keysight Technologies (NYSE:KEYS) Coverage Initiated at Citigroup

Citigroup started coverage on shares of Keysight Technologies (NYSE:KEYS) in a report released on Friday, Marketbeat reports. The firm set a “buy” rating and a $215.00 price target on the scientific and technical instruments company’s stock. Citigroup’s target price indicates a potential upside of 20.14% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group initiated coverage on Keysight Technologies in a research note on Monday, October 27th. They set a “hold” rating and a $180.00 target price on the stock. Barclays cut 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. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Friday, October 10th. Finally, Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $192.18.

Keysight Technologies Price Performance

KEYS stock opened at $178.97 on Friday. The stock has a market capitalization of $30.76 billion, a price-to-earnings ratio of 57.00, a PEG ratio of 2.38 and a beta of 1.22. The firm’s 50-day moving average price is $173.20 and its two-hundred day moving average price is $165.77. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. Keysight Technologies has a 12-month low of $121.43 and a 12-month high of $187.67.

Keysight Technologies (NYSE:KEYS) last posted 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. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the firm earned $1.57 earnings per share. Keysight Technologies’s quarterly revenue was up 11.1% on a year-over-year basis. 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, equities analysts predict that Keysight Technologies will post 6.32 earnings per share for the current year.

Insider Activity at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.61% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds have recently added to or reduced their stakes in KEYS. Vanguard Group Inc. grew its stake in shares of Keysight Technologies by 0.5% in the third quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock worth $3,747,458,000 after acquiring an additional 97,064 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock worth $2,814,195,000 after purchasing an additional 2,675,148 shares in the last quarter. State Street Corp grew its position in Keysight Technologies by 0.7% during the 2nd quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after purchasing an additional 55,358 shares during the last quarter. Boston Partners increased its stake in Keysight Technologies by 3.4% during the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock valued at $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Keysight Technologies by 0.9% in the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock worth $747,437,000 after buying an additional 40,560 shares during the last quarter. 84.58% of the stock is 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.