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

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $184.44.

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in Keysight Technologies by 219.6% during the first quarter. Versant Capital Management Inc now owns 1,141 shares of the scientific and technical instruments company’s stock worth $171,000 after purchasing an additional 784 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in shares of Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 90 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Keysight Technologies by 28.9% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 856 shares of the scientific and technical instruments company’s stock worth $128,000 after buying an additional 192 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Keysight Technologies by 35.8% in the 4th quarter. Wellington Management Group LLP now owns 16,039 shares of the scientific and technical instruments company’s stock worth $2,576,000 after buying an additional 4,228 shares in the last quarter. Finally, 111 Capital acquired a new stake in Keysight Technologies in the 4th quarter valued at about $1,524,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Trading Down 6.6 %

NYSE KEYS opened at $126.76 on Tuesday. The firm’s fifty day moving average is $163.25 and its two-hundred day moving average is $162.15. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market cap of $21.91 billion, a PE ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12.

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.