Shares of Keysight Technologies Inc. (NYSE:KEYS) have earned a consensus rating of “Buy” from the fourteen research firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $46.33.
A number of analysts have issued reports on KEYS shares. Zacks Investment Research raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) started coverage on Keysight Technologies in a report on Monday, June 5th. They set a “neutral” rating and a $38.00 price target for the company. Robert W. Baird lifted their price target on Keysight Technologies from $38.00 to $47.00 and gave the stock a “neutral” rating in a report on Friday, June 9th. BidaskClub downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Stifel Nicolaus lifted their price target on Keysight Technologies from $36.00 to $40.00 and gave the stock a “hold” rating in a report on Wednesday, June 7th.
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In other Keysight Technologies news, SVP Ingrid A. Estrada sold 18,130 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $37.26, for a total transaction of $675,523.80. Following the transaction, the senior vice president now owns 61,140 shares in the company, valued at approximately $2,278,076.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Michael Gasparian sold 2,677 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $41.66, for a total value of $111,523.82. Following the transaction, the senior vice president now owns 65,926 shares in the company, valued at approximately $2,746,477.16. The disclosure for this sale can be found here. Insiders have sold a total of 461,554 shares of company stock worth $17,749,840 in the last quarter. 1.23% of the stock is currently owned by insiders.
A number of institutional investors have recently added to or reduced their stakes in KEYS. Mckinley Capital Management LLC Delaware purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $100,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its stake in shares of Keysight Technologies by 171.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock valued at $137,000 after buying an additional 2,400 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $207,000. San Francisco Sentry Investment Group CA raised its stake in shares of Keysight Technologies by 1.7% in the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 100 shares during the period. Finally, Creative Planning raised its stake in shares of Keysight Technologies by 1.2% in the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the period. Institutional investors own 85.57% of the company’s stock.
Keysight Technologies (NYSE KEYS) traded down 2.30% on Friday, hitting $40.83. The stock had a trading volume of 397,359 shares. Keysight Technologies has a 52-week low of $29.17 and a 52-week high of $43.15. The company has a market cap of $7.57 billion, a P/E ratio of 20.75 and a beta of 1.15. The firm’s 50-day moving average is $41.30 and its 200-day moving average is $38.56.
Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, June 6th. The scientific and technical instruments company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.12. The firm had revenue of $758 million during the quarter, compared to analyst estimates of $748.59 million. Keysight Technologies had a return on equity of 22.62% and a net margin of 11.61%. Keysight Technologies’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business posted $0.61 earnings per share. Equities research analysts anticipate that Keysight Technologies will post $2.48 earnings per share for the current fiscal year.
Keysight Technologies Company Profile
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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