Keysight Technologies Inc (NASDAQ:KEYS)‘s stock had its “reduce” rating reissued by research analysts at Jefferies Group LLC in a research report issued on Tuesday.
KEYS has been the subject of a number of other reports. Zacks Investment Research downgraded Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Friday, November 25th. Deutsche Bank AG set a $40.00 price target on Keysight Technologies and gave the stock a “buy” rating in a research note on Wednesday, January 11th. Finally, TheStreet downgraded Keysight Technologies from a “b-” rating to a “c” rating in a research note on Wednesday, February 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $38.50.
Keysight Technologies (NASDAQ:KEYS) opened at 38.75 on Tuesday. The stock’s 50 day moving average price is $37.74 and its 200-day moving average price is $34.89. Keysight Technologies has a 52 week low of $25.49 and a 52 week high of $39.36. The stock has a market capitalization of $6.65 billion and a P/E ratio of 17.53.
Keysight Technologies (NASDAQ:KEYS) last posted its quarterly earnings results on Thursday, February 16th. The company reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.01. The firm earned $726 million during the quarter, compared to analyst estimates of $723.96 million. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. Equities research analysts expect that Keysight Technologies will post $2.43 earnings per share for the current year.
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Institutional investors have recently modified their holdings of the stock. Salem Investment Counselors Inc. bought a new position in shares of Keysight Technologies during the third quarter worth approximately $102,000. Sowell Financial Services LLC bought a new position in shares of Keysight Technologies during the fourth quarter worth approximately $106,000. Parnassus Investments CA bought a new position in shares of Keysight Technologies during the third quarter worth approximately $127,000. BKS Advisors LLC bought a new position in shares of Keysight Technologies during the third quarter worth approximately $136,000. Finally, Flinton Capital Management LLC bought a new position in shares of Keysight Technologies during the fourth quarter worth approximately $170,000.
Keysight Technologies Company Profile
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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