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

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have earned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $166.33.

A number of brokerages have recently issued reports on KEYS. Barclays increased their target price on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Robert W. Baird raised their price target on Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 21st. Finally, Susquehanna dropped their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday, May 21st.

Insider Buying and Selling

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the sale, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Keysight Technologies news, Director Kevin A. Stephens acquired 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average cost of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at $533,928.85. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently modified their holdings of KEYS. Rise Advisors LLC purchased a new stake in shares of Keysight Technologies in the first quarter valued at $25,000. Ancora Advisors LLC acquired a new stake in shares of Keysight Technologies in the third quarter valued at about $25,000. Larson Financial Group LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at about $31,000. Venturi Wealth Management LLC grew its position in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 159 shares during the last quarter. Finally, EdgeRock Capital LLC bought a new stake in shares of Keysight Technologies in the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Up 1.1 %

NYSE:KEYS opened at $136.75 on Friday. The stock has a 50-day simple moving average of $143.43 and a 200-day simple moving average of $150.70. The stock has a market cap of $23.87 billion, a P/E ratio of 29.79, a P/E/G ratio of 4.67 and a beta of 1.00. Keysight Technologies has a 1 year low of $118.57 and a 1 year high of $172.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.01. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations 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 anticipate that Keysight Technologies will post 5.25 earnings per share for the current fiscal year.

About Keysight Technologies

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.