Keysight Technologies Inc. (KEYS) Earns Buy Rating from Robert W. Baird

Robert W. Baird reaffirmed their buy rating on shares of Keysight Technologies Inc. (NYSE:KEYS) in a research report report published on Friday. They currently have a $48.00 price objective on the scientific and technical instruments company’s stock.

KEYS has been the subject of a number of other research reports. Credit Suisse Group raised their price target on shares of Keysight Technologies from $45.50 to $49.00 and gave the stock an outperform rating in a report on Thursday, August 31st. Citigroup Inc. reaffirmed a buy rating and issued a $50.00 price target (up previously from $49.00) on shares of Keysight Technologies in a report on Friday, September 1st. Wells Fargo & Company reaffirmed an outperform rating on shares of Keysight Technologies in a report on Tuesday, July 4th. Stifel Nicolaus reissued a hold rating and set a $40.00 target price on shares of Keysight Technologies in a report on Friday, September 1st. Finally, Barclays PLC assumed coverage on shares of Keysight Technologies in a report on Monday, August 7th. They set an overweight rating and a $50.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $47.11.

Shares of Keysight Technologies (NYSE KEYS) opened at 41.80 on Friday. The firm has a 50-day moving average of $40.66 and a 200-day moving average of $39.28. Keysight Technologies has a 52-week low of $30.93 and a 52-week high of $43.15. The company has a market cap of $7.78 billion, a P/E ratio of 31.88 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.07. The business had revenue of $832.00 million during the quarter, compared to analysts’ expectations of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. Equities research analysts forecast that Keysight Technologies will post $2.47 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Keysight Technologies Inc. (KEYS) Earns Buy Rating from Robert W. Baird” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/09/keysight-technologies-inc-keys-earns-buy-rating-from-robert-w-baird.html.

In related news, SVP Michael Gasparian sold 2,677 shares of the firm’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $41.66, for a total transaction of $111,523.82. Following the sale, the senior vice president now owns 65,926 shares in the company, valued at $2,746,477.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP John C. Skinner sold 15,058 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Creative Planning grew its position in Keysight Technologies by 1.2% during the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the period. Cadence Capital Management LLC grew its position in Keysight Technologies by 1.1% during the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock valued at $240,000 after buying an additional 66 shares during the period. Utah Retirement Systems grew its position in Keysight Technologies by 0.3% during the first quarter. Utah Retirement Systems now owns 31,269 shares of the scientific and technical instruments company’s stock valued at $1,131,000 after buying an additional 100 shares during the period. Bank of Montreal Can grew its position in Keysight Technologies by 2.5% during the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock valued at $349,000 after buying an additional 217 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Keysight Technologies by 0.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,956 shares of the scientific and technical instruments company’s stock valued a

KEYS has been the subject of a number of other research reports. Credit Suisse Group raised their price target on shares of Keysight Technologies from $45.50 to $49.00 and gave the stock an outperform rating in a report on Thursday, August 31st. Citigroup Inc. reaffirmed a buy rating and issued a $50.00 price target (up previously from $49.00) on shares of Keysight Technologies in a report on Friday, September 1st. Wells Fargo & Company reaffirmed an outperform rating on shares of Keysight Technologies in a report on Tuesday, July 4th. Stifel Nicolaus reissued a hold rating and set a $40.00 target price on shares of Keysight Technologies in a report on Friday, September 1st. Finally, Barclays PLC assumed coverage on shares of Keysight Technologies in a report on Monday, August 7th. They set an overweight rating and a $50.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $47.11.

Shares of Keysight Technologies (NYSE KEYS) opened at 41.80 on Friday. The firm has a 50-day moving average of $40.66 and a 200-day moving average of $39.28. Keysight Technologies has a 52-week low of $30.93 and a 52-week high of $43.15. The company has a market cap of $7.78 billion, a P/E ratio of 31.88 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.07. The business had revenue of $832.00 million during the quarter, compared to analysts’ expectations of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. Equities research analysts forecast that Keysight Technologies will post $2.47 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Keysight Technologies Inc. (KEYS) Earns Buy Rating from Robert W. Baird” was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/09/keysight-technologies-inc-keys-earns-buy-rating-from-robert-w-baird.html.

In related news, SVP Michael Gasparian sold 2,677 shares of the firm’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $41.66, for a total transaction of $111,523.82. Following the sale, the senior vice president now owns 65,926 shares in the company, valued at $2,746,477.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP John C. Skinner sold 15,058 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Creative Planning grew its position in Keysight Technologies by 1.2% during the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the period. Cadence Capital Management LLC grew its position in Keysight Technologies by 1.1% during the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock valued at $240,000 after buying an additional 66 shares during the period. Utah Retirement Systems grew its position in Keysight Technologies by 0.3% during the first quarter. Utah Retirement Systems now owns 31,269 shares of the scientific and technical instruments company’s stock valued at $1,131,000 after buying an additional 100 shares during the period. Bank of Montreal Can grew its position in Keysight Technologies by 2.5% during the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock valued at $349,000 after buying an additional 217 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Keysight Technologies by 0.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,956 shares of the scientific and technical instruments company’s stock valued at $1,049,000 after buying an additional 228 shares during the period. Institutional investors own 88.06% of the company’s stock.

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.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

Receive News & Ratings for Keysight Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply