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

Keysight Technologies, Inc. (NYSE:KEYS) has earned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $180.80.

KEYS has been the subject of several analyst reports. Susquehanna reissued a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley raised their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Barclays upped their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th.

Insider Activity at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 27,063 shares of company stock valued at $4,603,201 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Institutional Trading of Keysight Technologies

Several institutional investors have recently bought and sold shares of the business. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new position in Keysight Technologies in the third quarter worth approximately $29,000. American National Bank & Trust purchased a new position in shares of Keysight Technologies during the 3rd quarter worth $31,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter valued at about $27,000. Finally, Family Firm Inc. acquired a new stake in Keysight Technologies in the 2nd quarter valued at approximately $30,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 2.1 %

KEYS opened at $163.22 on Friday. The firm’s 50 day simple moving average is $162.01 and its two-hundred day simple moving average is $149.40. The company has a market capitalization of $28.27 billion, a PE ratio of 46.63, a PEG ratio of 2.15 and a beta of 1.00. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

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.