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

Keysight Technologies, Inc. (NYSE:KEYS) has received an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $167.67.

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Robert W. Baird lowered their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Bank of America boosted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. Susquehanna decreased their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. Finally, Vertical Research initiated coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective for the company.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Rise Advisors LLC bought a new stake in shares of Keysight Technologies in the first quarter valued at $25,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies in the 2nd quarter valued at about $27,000. Larson Financial Group LLC purchased a new stake in Keysight Technologies during the first quarter valued at about $31,000. Family Firm Inc. bought a new position in Keysight Technologies during the second quarter worth about $30,000. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 3.4 %

Shares of KEYS stock opened at $155.38 on Friday. Keysight Technologies has a 52-week low of $118.57 and a 52-week high of $162.51. The stock has a market cap of $27.12 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 5.03 and a beta of 0.97. The firm’s 50-day moving average is $141.62 and its 200-day moving average is $144.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the firm earned $2.04 EPS. The firm’s revenue was down 11.9% compared to the same quarter last year. Sell-side analysts predict that Keysight Technologies will post 5.35 EPS for the current 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.