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

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $160.63.

KEYS has been the subject of several research analyst reports. Citigroup increased their price objective on Keysight Technologies from $157.00 to $168.00 and gave the company a "buy" rating in a report on Wednesday, February 21st. JPMorgan Chase & Co. downgraded Keysight Technologies from an "overweight" rating to a "neutral" rating and decreased their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. Finally, Barclays increased their price objective on Keysight Technologies from $134.00 to $141.00 and gave the company an "equal weight" rating in a report on Wednesday, February 21st.

Keysight Technologies Trading Down 1.1 %

KEYS traded down $1.70 on Tuesday, hitting $151.62. The company had a trading volume of 965,071 shares, compared to its average volume of 1,245,216. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The firm has a market cap of $26.47 billion, a P/E ratio of 27.82, a PEG ratio of 7.03 and a beta of 1.05. The company's fifty day moving average price is $154.50 and its 200 day moving average price is $145.97. Keysight Technologies has a 1 year low of $118.57 and a 1 year high of $172.72.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.04. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The business's quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 earnings per share. As a group, equities analysts expect that Keysight Technologies will post 5.4 earnings per share for the current year.

Insider Activity

In other news, SVP Kailash Narayanan sold 4,300 shares of the firm's stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.60% of the company's stock.

Institutional Trading of Keysight Technologies

A number of large investors have recently made changes to their positions in KEYS. Panagora Asset Management Inc. lifted its stake in shares of Keysight Technologies by 14.7% in the 1st quarter. Panagora Asset Management Inc. now owns 9,411 shares of the scientific and technical instruments company's stock valued at $1,487,000 after purchasing an additional 1,206 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Keysight Technologies by 1.3% during the 1st quarter. Blair William & Co. IL now owns 6,780 shares of the scientific and technical instruments company's stock valued at $1,071,000 after buying an additional 88 shares during the period. Prudential PLC purchased a new stake in shares of Keysight Technologies during the 1st quarter valued at about $592,000. National Pension Service raised its holdings in shares of Keysight Technologies by 2.2% during the 1st quarter. National Pension Service now owns 274,276 shares of the scientific and technical instruments company's stock valued at $43,327,000 after buying an additional 5,882 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company's stock valued at $3,214,409,000 after buying an additional 153,857 shares during the period. Institutional investors and hedge funds 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.