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

Keysight Technologies, Inc. (NYSE:KEYS) has earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $165.56.

Several research analysts have weighed in on the company. Bank of America cut their price objective on Keysight Technologies from $150.00 to $135.00 and set an “underperform” rating on the stock in a research report on Tuesday, August 13th. Barclays increased their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 21st. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 21st. Vertical Research began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. Finally, Susquehanna dropped their price objective on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday, May 21st.

Keysight Technologies Stock Up 2.0 %

Shares of Keysight Technologies stock opened at $135.30 on Monday. The firm has a market cap of $23.62 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 4.58 and a beta of 0.95. Keysight Technologies has a one year low of $118.57 and a one year high of $162.51. The stock’s 50-day moving average is $135.24 and its 200 day moving average is $145.63. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.01. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. Equities research analysts anticipate that Keysight Technologies will post 5.25 EPS for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, Director Kevin A. Stephens bought 460 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, May 28th. The shares were bought at an average price of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now owns 7,681 shares in the company, valued at $1,101,071.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Lisa M. Poole sold 440 shares of the 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 completion of the sale, the vice president now owns 3,913 shares of the company’s stock, valued at $533,928.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Kevin A. Stephens bought 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the completion of the purchase, the director now owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. TD Asset Management Inc increased its position in shares of Keysight Technologies by 5.8% during the fourth quarter. TD Asset Management Inc now owns 467,818 shares of the scientific and technical instruments company’s stock valued at $74,425,000 after buying an additional 25,654 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Keysight Technologies by 102.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 698,336 shares of the scientific and technical instruments company’s stock worth $111,099,000 after acquiring an additional 353,768 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Keysight Technologies by 68.4% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock valued at $447,000 after purchasing an additional 1,141 shares during the period. Swedbank AB boosted its position in shares of Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after purchasing an additional 151,446 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in Keysight Technologies by 19.8% in the fourth quarter. Brown Advisory Inc. now owns 47,971 shares of the scientific and technical instruments company’s stock worth $7,632,000 after purchasing an additional 7,945 shares during the period. Institutional investors own 84.58% of the company’s stock.

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.