Keysight Technologies Inc. (NYSE:KEYS) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Keysight Technologies has a “Moderate Buy” consensus rating from 14 analysts, with nine buy ratings, four holds and one strong buy. The average 12-month price target is approximately $371.92.
• The company reported quarterly EPS of $2.87, beating estimates of $2.32, while revenue reached $1.72 billion and rose 31.5% year over year. Analysts have recently raised price targets as high as $396.
• Keysight shares opened at $353.80, near their 52-week high of $374.96, while insiders sold 5,507 shares worth about $1.9 million over the last quarter; institutional investors own 84.58% of the stock.

Shares of Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fourteen ratings firms that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $371.9167.

KEYS has been the topic of several recent analyst reports. Zacks Research raised Keysight Technologies from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 29th. Morgan Stanley boosted their target price on Keysight Technologies from $305.00 to $350.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. Barclays raised their price target on shares of Keysight Technologies from $320.00 to $387.00 and gave the company an "overweight" rating in a report on Wednesday, May 20th. Finally, Citigroup lifted their price target on shares of Keysight Technologies from $320.00 to $396.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $353.80 on Friday. The firm has a market cap of $60.46 billion, a P/E ratio of 58.19, a PEG ratio of 2.02 and a beta of 1.22. Keysight Technologies has a twelve month low of $152.85 and a twelve month high of $374.96. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $332.78 and a 200 day moving average of $311.08.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company's revenue was up 31.5% compared to the same quarter last year. During the same period last year, the business posted $1.70 EPS. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. As a group, research analysts expect that Keysight Technologies will post 9.03 EPS for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president owned 105,861 shares of the company's stock, valued at approximately $36,084,839.07. The trade was a 1.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satish Dhanasekaran sold 507 shares of the business's stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $361.32, for a total transaction of $183,189.24. Following the sale, the chief executive officer owned 121,391 shares of the company's stock, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,507 shares of company stock worth $1,904,669. 0.40% of the stock is owned by insiders.

Institutional Trading of Keysight Technologies

A number of hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in shares of Keysight Technologies by 92.6% during the 1st quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company's stock valued at $3,965,000 after purchasing an additional 13,085 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company's stock valued at $387,000 after purchasing an additional 122 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Keysight Technologies by 30.0% in the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company's stock worth $1,595,000 after purchasing an additional 2,461 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Keysight Technologies by 66.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company's stock worth $59,000 after purchasing an additional 157 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in shares of Keysight Technologies in the second quarter worth approximately $254,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

About Keysight Technologies

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source