Keysight Technologies Inc (NYSE:KEYS) has earned a consensus rating of “Buy” from the thirteen analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $82.50.
KEYS has been the subject of several analyst reports. Dougherty & Co reissued a “sell” rating on shares of Keysight Technologies in a research note on Friday, March 1st. Deutsche Bank raised their price objective on shares of Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 22nd. ValuEngine downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. Credit Suisse Group raised their price objective on shares of Keysight Technologies from $75.00 to $90.00 and gave the stock an “outperform” rating in a research note on Friday, February 22nd. Finally, Jefferies Financial Group raised their target price on shares of Keysight Technologies from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, November 21st.
Shares of NYSE:KEYS traded up $0.65 during trading on Friday, reaching $85.98. The company’s stock had a trading volume of 3,138,879 shares, compared to its average volume of 1,904,933. The company has a current ratio of 1.82, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. Keysight Technologies has a 12 month low of $50.25 and a 12 month high of $86.59. The company has a market cap of $16.16 billion, a price-to-earnings ratio of 28.66 and a beta of 1.17.
Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $978.22 million. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. As a group, equities analysts forecast that Keysight Technologies will post 3.6 EPS for the current year.
In related news, SVP Ingrid A. Estrada sold 30,786 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, February 27th. The shares were sold at an average price of $84.81, for a total transaction of $2,610,960.66. Following the transaction, the senior vice president now directly owns 107,445 shares of the company’s stock, valued at $9,112,410.45. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Satish Dhanasekaran sold 1,354 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 19th. The shares were sold at an average price of $61.54, for a total transaction of $83,325.16. Following the transaction, the senior vice president now directly owns 29,337 shares in the company, valued at $1,805,398.98. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 96,286 shares of company stock worth $8,130,230. Corporate insiders own 0.65% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Kaizen Advisory LLC acquired a new stake in Keysight Technologies in the fourth quarter valued at approximately $32,000. Sun Life Financial INC acquired a new stake in Keysight Technologies in the fourth quarter valued at approximately $32,000. Parkside Financial Bank & Trust boosted its stake in Keysight Technologies by 41.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock valued at $33,000 after acquiring an additional 154 shares in the last quarter. Guardian Life Insurance Co. of America acquired a new stake in Keysight Technologies in the fourth quarter valued at approximately $33,000. Finally, Lindbrook Capital LLC acquired a new stake in Keysight Technologies in the fourth quarter valued at approximately $34,000. 88.50% of the stock is currently owned by institutional investors.
About Keysight Technologies
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
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