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

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $167.40.

KEYS has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, August 26th. Robert W. Baird lowered their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Bank of America increased their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 21st. Vertical Research assumed coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st.

Keysight Technologies Stock Up 0.2 %

KEYS stock opened at $148.42 on Friday. The company’s 50-day moving average price is $140.29 and its 200 day moving average price is $145.03. The company has a market cap of $25.91 billion, a P/E ratio of 32.34, a P/E/G ratio of 4.85 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. Keysight Technologies has a 52 week low of $118.57 and a 52 week high of $162.51.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm’s revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.04 EPS. On average, research analysts expect that Keysight Technologies will post 5.35 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction dated 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 owns 3,913 shares of the company’s stock, valued at $533,928.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the transaction, the vice president now 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.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rise Advisors LLC purchased a new position in Keysight Technologies in the 1st quarter worth about $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at $27,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies during the 2nd quarter valued at about $30,000. Larson Financial Group LLC acquired a new position in Keysight Technologies during the first quarter valued at approximately $31,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 184 shares during the period. 84.58% of the stock is owned by institutional investors.

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.