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

Keysight Technologies, Inc. (NYSE:KEYS) has been given an average recommendation of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $180.80.

A number of research firms recently weighed in on KEYS. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Robert W. Baird upped their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Bank of America increased their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $165.55 on Thursday. The business’s fifty day simple moving average is $164.72 and its 200-day simple moving average is $152.76. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a market cap of $28.67 billion, a PE ratio of 47.30, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. Keysight Technologies has a 52 week low of $119.72 and a 52 week high of $175.39.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of KEYS. Acadian Asset Management LLC purchased a new position in Keysight Technologies during the 2nd quarter valued at about $758,000. Oppenheimer Asset Management Inc. increased its position in Keysight Technologies by 11.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 11,771 shares of the scientific and technical instruments company’s stock worth $1,610,000 after buying an additional 1,172 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Keysight Technologies by 14.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after purchasing an additional 141,062 shares in the last quarter. Edgestream Partners L.P. raised its stake in Keysight Technologies by 974.3% in the 2nd quarter. Edgestream Partners L.P. now owns 30,262 shares of the scientific and technical instruments company’s stock valued at $4,138,000 after purchasing an additional 27,445 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Keysight Technologies during the 2nd quarter worth about $1,416,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.