Shares of Keysight Technologies Inc. (NYSE:KEYS) have earned an average rating of “Buy” from the fourteen brokerages that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $46.33.

A number of brokerages recently weighed in on KEYS. Barclays PLC began coverage on shares of Keysight Technologies in a research report on Monday, August 7th. They set an “overweight” rating and a $50.00 price objective on the stock. Jefferies Group LLC restated a “buy” rating and set a $50.00 price objective on shares of Keysight Technologies in a research report on Friday, July 21st. BidaskClub upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Stifel Nicolaus increased their price objective on shares of Keysight Technologies from $36.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, June 7th. Finally, Citigroup Inc. increased their price objective on shares of Keysight Technologies from $44.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, June 7th.

TRADEMARK VIOLATION WARNING: “Keysight Technologies Inc. (KEYS) Given Consensus Recommendation of “Buy” by Analysts” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of international copyright and trademark laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/08/12/keysight-technologies-inc-keys-given-consensus-recommendation-of-buy-by-analysts.html.

Shares of Keysight Technologies (NYSE:KEYS) traded up 0.58% during trading on Friday, reaching $41.49. 375,826 shares of the company traded hands. The stock has a market capitalization of $7.69 billion, a P/E ratio of 21.08 and a beta of 1.15. The firm’s 50 day moving average is $40.95 and its 200-day moving average is $38.44. Keysight Technologies has a 12-month low of $26.87 and a 12-month high of $43.15.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, June 6th. The scientific and technical instruments company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.12. The company had revenue of $758 million for the quarter, compared to the consensus estimate of $748.59 million. Keysight Technologies had a net margin of 11.61% and a return on equity of 22.62%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.61 earnings per share. On average, equities research analysts anticipate that Keysight Technologies will post $2.48 earnings per share for the current fiscal year.

In other Keysight Technologies news, Director Charles J. Dockendorff purchased 13,210 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were acquired at an average cost of $37.81 per share, for a total transaction of $499,470.10. Following the completion of the transaction, the director now owns 51,800 shares of the company’s stock, valued at $1,958,558. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Michael Gasparian sold 2,677 shares of the firm’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $41.66, for a total transaction of $111,523.82. Following the sale, the senior vice president now owns 65,926 shares in the company, valued at $2,746,477.16. The disclosure for this sale can be found here. Insiders sold 461,554 shares of company stock worth $17,749,840 over the last quarter. Insiders own 1.23% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in shares of Keysight Technologies by 171.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock valued at $137,000 after buying an additional 2,400 shares during the last quarter. San Francisco Sentry Investment Group CA increased its stake in shares of Keysight Technologies by 1.7% in the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 100 shares during the last quarter. Creative Planning increased its stake in shares of Keysight Technologies by 1.2% in the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the last quarter. Starfire Investment Advisers Inc. purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $214,000. Finally, Cadence Capital Management LLC increased its stake in shares of Keysight Technologies by 2.6% in the first quarter. Cadence Capital Management LLC now owns 6,101 shares of the scientific and technical instruments company’s stock valued at $220,000 after buying an additional 157 shares during the last quarter. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

Receive News & Ratings for Keysight Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.