Keysight Technologies, Inc. (NYSE:KEYS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $180.80.

KEYS has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Bank of America upped their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th.

Keysight Technologies Price Performance

KEYS opened at $165.70 on Thursday. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The firm has a market cap of $28.69 billion, a price-to-earnings ratio of 47.34, a PEG ratio of 2.05 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $164.76 and a 200 day simple moving average of $153.52.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 over the last ninety days. Company insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

A number of hedge funds have recently made changes to their positions in KEYS. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new position in shares of Keysight Technologies in the third quarter worth $29,000. American National Bank & Trust acquired a new position in shares of Keysight Technologies during the third quarter valued at $31,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at about $35,000. Finally, Versant Capital Management Inc lifted its holdings in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

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.