Keysight Technologies, Inc. (NYSE:KEYS) Receives Average Rating of "Moderate Buy" from Analysts

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) has received an average rating of "Moderate Buy" from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $183.00.

A number of brokerages recently issued reports on KEYS. 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. Bank of America boosted their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a report on Thursday, May 22nd. Morgan Stanley increased their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Finally, Robert W. Baird raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th.

Keysight Technologies Stock Performance

Shares of KEYS opened at $158.18 on Friday. The firm has a market cap of $27.22 billion, a price-to-earnings ratio of 45.19, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. The company's fifty day moving average is $151.34 and its 200-day moving average is $159.52. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. 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 posted its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.65 by $0.05. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.41 earnings per share. Equities analysts expect that Keysight Technologies will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total value of $257,418.00. Following the completion of the sale, the director now directly owns 42,160 shares in the company, valued at approximately $6,829,920. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction dated 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 transaction, the senior vice president now directly owns 36,986 shares of the company's stock, valued at $5,835,651.08. This represents a 16.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,247 shares of company stock worth $2,086,720 over the last three months. Company insiders own 0.61% of the company's stock.

Institutional Investors Weigh In On Keysight Technologies

A number of hedge funds have recently added to or reduced their stakes in KEYS. Kovitz Investment Group Partners LLC increased its holdings in shares of Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after purchasing an additional 3,650,953 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after buying an additional 3,621,349 shares during the last quarter. Norges Bank acquired a new stake in shares of Keysight Technologies in the 4th quarter valued at $320,707,000. Victory Capital Management Inc. raised its position in shares of Keysight Technologies by 1,224.5% during the first quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company's stock worth $298,324,000 after acquiring an additional 1,841,494 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in shares of Keysight Technologies by 343.6% during the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock valued at $161,946,000 after acquiring an additional 780,893 shares during the period. Institutional investors own 84.58% of the company's stock.

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.

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