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

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been assigned an average rating of “Moderate Buy” from the nine analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $184.44.

A number of analysts recently weighed in on KEYS shares. Bank of America upped their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, Morgan Stanley increased their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th.

Insider Buying and Selling at Keysight Technologies

In other news, 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 value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Keysight Technologies

Several large investors have recently modified their holdings of KEYS. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in Keysight Technologies by 1.7% in the third quarter. Asset Management One Co. Ltd. now owns 73,188 shares of the scientific and technical instruments company’s stock worth $11,632,000 after purchasing an additional 1,257 shares during the period. QRG Capital Management Inc. increased its stake in Keysight Technologies by 8.7% during the third quarter. QRG Capital Management Inc. now owns 18,818 shares of the scientific and technical instruments company’s stock valued at $2,991,000 after purchasing an additional 1,504 shares during the last quarter. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Keysight Technologies during the third quarter worth $59,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

KEYS opened at $147.87 on Friday. The company has a 50 day moving average of $168.41 and a two-hundred day moving average of $162.03. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $25.55 billion, a P/E ratio of 42.25, a P/E/G ratio of 2.41 and a beta of 1.10.

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.