Keysight Technologies, Inc. (NYSE:KEYS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Keysight Technologies, Inc. (NYSE:KEYS) has been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $167.20.

KEYS has been the topic of a number of research analyst reports. Susquehanna lowered their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a report on Tuesday, May 21st. Barclays raised their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 21st. Robert W. Baird increased their target price on shares of Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research note on Tuesday, May 21st. Finally, Vertical Research initiated coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock.

Insider Buying and Selling

In other news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Kevin A. Stephens acquired 460 shares of the stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $143.35 per share, with a total value of $65,941.00. Following the completion of the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in KEYS. Wellington Management Group LLP raised its holdings in shares of Keysight Technologies by 58.8% in the 3rd quarter. Wellington Management Group LLP now owns 8,938 shares of the scientific and technical instruments company’s stock valued at $1,183,000 after purchasing an additional 3,308 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Keysight Technologies by 11.1% during the 4th quarter. Pacer Advisors Inc. now owns 16,481 shares of the scientific and technical instruments company’s stock worth $2,622,000 after acquiring an additional 1,645 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $287,000. Assenagon Asset Management S.A. raised its stake in Keysight Technologies by 87.1% in the 4th quarter. Assenagon Asset Management S.A. now owns 193,437 shares of the scientific and technical instruments company’s stock valued at $30,774,000 after acquiring an additional 90,068 shares during the period. Finally, Schechter Investment Advisors LLC acquired a new stake in Keysight Technologies during the 4th quarter valued at $234,000. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Up 2.7 %

Shares of Keysight Technologies stock opened at $139.58 on Thursday. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. Keysight Technologies has a 1 year low of $118.57 and a 1 year high of $162.63. The stock has a 50-day moving average price of $138.48 and a 200 day moving average price of $148.03. The company has a market cap of $24.36 billion, a P/E ratio of 30.41, a P/E/G ratio of 4.69 and a beta of 0.95.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.01. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. As a group, analysts expect that Keysight Technologies will post 5.25 EPS for the current fiscal year.

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.