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

Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) has been given an average rating of "Moderate Buy" by the nine brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $183.00.

KEYS has been the topic of several research reports. Bank of America boosted their price target on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Morgan Stanley increased their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th.

Insider Activity at Keysight Technologies

In related news, SVP John Page sold 7,368 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total value of $1,162,523.04. Following the completion of the sale, the senior vice president owned 36,986 shares of the company's stock, valued at approximately $5,835,651.08. The trade was a 16.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total transaction of $257,418.00. Following the completion of the sale, the director directly owned 42,160 shares of the company's stock, valued at approximately $6,829,920. The trade was a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,830 shares of company stock valued at $5,124,049 in the last ninety days. 0.61% of the stock is currently owned by company insiders.

Institutional Trading of Keysight Technologies

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock worth $3,140,604,000 after acquiring an additional 95,876 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Keysight Technologies by 16.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after acquiring an additional 2,675,148 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in shares of Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after acquiring an additional 3,650,953 shares during the period. Geode Capital Management LLC raised its holdings in shares of Keysight Technologies by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after acquiring an additional 17,213 shares during the period. Finally, Boston Partners raised its holdings in shares of Keysight Technologies by 7.7% during the 1st quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock worth $636,854,000 after acquiring an additional 305,143 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

Shares of KEYS traded up $0.97 on Thursday, reaching $164.87. The company's stock had a trading volume of 768,190 shares, compared to its average volume of 1,100,791. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.75. The stock has a market capitalization of $28.38 billion, a P/E ratio of 38.70, a PEG ratio of 2.23 and a beta of 1.09. The stock's 50 day simple moving average is $160.09 and its two-hundred day simple moving average is $158.85. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.05. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The firm had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter last year, the business posted $1.41 earnings per share. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. Research analysts forecast that Keysight Technologies will post 6.32 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.