Keysight Technologies Inc (KEYS) Given Average Recommendation of “Buy” by Brokerages

Shares of Keysight Technologies Inc (NYSE:KEYS) have earned an average rating of “Buy” from the fourteen analysts that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $47.60.

A number of research firms recently weighed in on KEYS. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Stifel Nicolaus restated a “hold” rating and set a $43.00 target price on shares of Keysight Technologies in a research note on Friday, December 8th. Jefferies Group restated a “buy” rating and set a $52.00 target price on shares of Keysight Technologies in a research note on Friday, October 20th. TheStreet upgraded shares of Keysight Technologies from a “c” rating to a “b-” rating in a research note on Tuesday, October 17th. Finally, BidaskClub upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, October 13th.

In related news, VP John C. Skinner sold 9,843 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $42.04, for a total value of $413,799.72. Following the completion of the transaction, the vice president now directly owns 29,198 shares of the company’s stock, valued at $1,227,483.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ronald S. Nersesian sold 58,931 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $41.64, for a total value of $2,453,886.84. The disclosure for this sale can be found here. Insiders sold 144,088 shares of company stock valued at $6,110,707 over the last ninety days. 1.23% of the stock is currently owned by corporate insiders.

Hedge funds have recently bought and sold shares of the company. Mckinley Capital Management LLC Delaware acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $100,000. Invictus RG acquired a new stake in shares of Keysight Technologies in the third quarter valued at approximately $111,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $207,000. Financial Counselors Inc. acquired a new stake in shares of Keysight Technologies in the third quarter valued at approximately $210,000. Finally, Windward Capital Management Co. CA acquired a new stake in shares of Keysight Technologies in the third quarter valued at approximately $232,000. 89.20% of the stock is owned by institutional investors and hedge funds.

Shares of Keysight Technologies (NYSE KEYS) traded up $0.41 during trading hours on Friday, reaching $42.23. 1,227,400 shares of the company’s stock were exchanged, compared to its average volume of 873,270. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.94. The stock has a market capitalization of $7,752.09, a price-to-earnings ratio of 18.59, a PEG ratio of 1.83 and a beta of 1.13. Keysight Technologies has a one year low of $35.05 and a one year high of $45.65.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.12. The company had revenue of $878.00 million for the quarter, compared to analyst estimates of $891.55 million. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.64 earnings per share. equities analysts forecast that Keysight Technologies will post 2.54 earnings per share for the current fiscal year.

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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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