Keysight Technologies, Inc. (NYSE:KEYS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $160.63.

A number of brokerages have issued reports on KEYS. JPMorgan Chase & Co. cut Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. Citigroup boosted their price target on Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Finally, Barclays boosted their price target on Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 21st.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by company insiders.

Institutional Trading of Keysight Technologies

Hedge funds have recently bought and sold shares of the stock. Rise Advisors LLC bought a new stake in Keysight Technologies during the first quarter valued at about $25,000. Quarry LP bought a new stake in Keysight Technologies during the second quarter valued at about $27,000. VitalStone Financial LLC bought a new stake in Keysight Technologies during the first quarter valued at about $35,000. Ancora Advisors LLC bought a new stake in Keysight Technologies during the third quarter valued at about $25,000. Finally, OFI Invest Asset Management bought a new stake in Keysight Technologies during the third quarter valued at about $26,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.1 %

Shares of NYSE:KEYS opened at $153.32 on Tuesday. The stock has a fifty day simple moving average of $154.58 and a two-hundred day simple moving average of $145.83. The stock has a market capitalization of $26.76 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 7.03 and a beta of 1.05. Keysight Technologies has a 12-month low of $118.57 and a 12-month high of $172.72. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The firm’s quarterly revenue was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.72 earnings per share. On average, research analysts anticipate that Keysight Technologies will post 5.4 earnings per share for the current fiscal year.

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.