Keysight Technologies Inc. (NYSE:KEYS) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Monday.

Other equities research analysts have also issued reports about the stock. ValuEngine upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Bank of America Corporation restated a “buy” rating and set a $47.00 price objective on shares of Keysight Technologies in a report on Friday, June 2nd. Jefferies Group LLC restated a “buy” rating and set a $50.00 price objective on shares of Keysight Technologies in a report on Thursday, June 1st. Citigroup Inc. initiated coverage on shares of Keysight Technologies in a report on Tuesday, May 30th. They set a “buy” rating and a $44.00 price objective on the stock. Finally, Deutsche Bank AG set a $46.00 price objective on shares of Keysight Technologies and gave the stock a “buy” rating in a report on Wednesday, June 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $46.60.

Keysight Technologies (NYSE:KEYS) traded down 0.22% during trading on Monday, hitting $40.50. 312,905 shares of the stock were exchanged. Keysight Technologies has a 12-month low of $30.80 and a 12-month high of $43.15. The stock has a 50 day moving average price of $40.88 and a 200-day moving average price of $39.03. The firm has a market capitalization of $7.53 billion, a PE ratio of 30.89 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The business had revenue of $832.00 million for the quarter, compared to analyst estimates of $862.38 million. During the same period last year, the business posted $0.63 earnings per share. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. On average, equities research analysts anticipate that Keysight Technologies will post $2.47 earnings per share for the current fiscal year.

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In other Keysight Technologies news, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total value of $614,215.82. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Soon Chai Gooi sold 65,986 shares of Keysight Technologies stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $38.70, for a total transaction of $2,553,658.20. The disclosure for this sale can be found here. Insiders sold a total of 83,721 shares of company stock worth $3,279,398 over the last quarter. Company insiders own 1.23% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Keysight Technologies by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 15,255,095 shares of the scientific and technical instruments company’s stock worth $593,881,000 after purchasing an additional 348,208 shares during the last quarter. BlackRock Inc. increased its stake in shares of Keysight Technologies by 4.5% during the 2nd quarter. BlackRock Inc. now owns 15,193,717 shares of the scientific and technical instruments company’s stock worth $591,492,000 after purchasing an additional 650,968 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Keysight Technologies by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,398,950 shares of the scientific and technical instruments company’s stock worth $288,041,000 after purchasing an additional 78,628 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Keysight Technologies by 93.4% during the 1st quarter. Wellington Management Group LLP now owns 5,076,285 shares of the scientific and technical instruments company’s stock worth $183,456,000 after purchasing an additional 2,452,119 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Keysight Technologies by 5.4% during the 2nd quarter. State Street Corp now owns 5,051,783 shares of the scientific and technical instruments company’s stock worth $196,669,000 after purchasing an additional 258,368 shares during the last quarter. Hedge funds and other institutional investors own 88.06% 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)

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