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Keysight Technologies (NYSE:KEYS – Get Rating) was downgraded by stock analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a report released on Tuesday, The Fly reports.A number of other research firms have also issued reports on KEYS. Morgan Stanley upped their target price on shares of Keysight Technologies from $170.00 to $184.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 13th. Susquehanna Bancshares dropped their target price on shares of Keysight Technologies from $205.00 to $200.00 and set a “positive” rating for the company in a report on Friday, November 18th. UBS Group upped their target price on shares of Keysight Technologies from $187.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 29th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Keysight Technologies from $193.00 to $190.00 and set a “buy” rating for the company in a report on Friday, November 18th. Finally, Wells Fargo & Company assumed coverage on shares of Keysight Technologies in a report on Thursday, November 3rd. They set an “overweight” rating and a $200.00 target price for the company. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.00.
Keysight Technologies Price Performance
NYSE:KEYS traded up $1.40 during trading hours on Tuesday, reaching $178.01. 1,078,597 shares of the company were exchanged, compared to its average volume of 917,044. The company has a current ratio of 3.01, a quick ratio of 2.40 and a debt-to-equity ratio of 0.43. The stock’s 50-day moving average is $173.08 and its 200-day moving average is $164.51. The firm has a market cap of $31.83 billion, a PE ratio of 28.80, a price-to-earnings-growth ratio of 2.78 and a beta of 1.06. Keysight Technologies has a twelve month low of $127.93 and a twelve month high of $193.92.
Keysight Technologies (NYSE:KEYS – Get Rating) last posted its quarterly earnings data on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.15. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Keysight Technologies had a net margin of 20.74% and a return on equity of 32.51%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.71 earnings per share. On average, sell-side analysts anticipate that Keysight Technologies will post 7.6 earnings per share for the current fiscal year.
Insider Transactions at Keysight Technologies
In other news, SVP Ingrid A. Estrada sold 3,500 shares of the stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of $175.71, for a total transaction of $614,985.00. Following the sale, the senior vice president now owns 94,582 shares of the company’s stock, valued at $16,619,003.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, SVP Ingrid A. Estrada sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 6th. The shares were sold at an average price of $175.71, for a total value of $614,985.00. Following the sale, the senior vice president now owns 94,582 shares of the company’s stock, valued at $16,619,003.22. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffrey K. Li sold 2,236 shares of the firm’s stock in a transaction that occurred on Thursday, December 8th. The shares were sold at an average price of $179.03, for a total transaction of $400,311.08. Following the completion of the sale, the senior vice president now directly owns 24,721 shares in the company, valued at approximately $4,425,800.63. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,639 shares of company stock valued at $6,680,634. 0.55% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Keysight Technologies
A number of hedge funds have recently modified their holdings of KEYS. Coldstream Capital Management Inc. acquired a new stake in Keysight Technologies in the fourth quarter valued at $482,000. Brookstone Capital Management acquired a new stake in Keysight Technologies in the fourth quarter valued at $470,000. Yousif Capital Management LLC lifted its holdings in Keysight Technologies by 3.8% in the fourth quarter. Yousif Capital Management LLC now owns 26,008 shares of the scientific and technical instruments company’s stock valued at $4,449,000 after acquiring an additional 949 shares during the period. Wedmont Private Capital raised its stake in shares of Keysight Technologies by 27.6% during the 4th quarter. Wedmont Private Capital now owns 2,410 shares of the scientific and technical instruments company’s stock worth $423,000 after buying an additional 521 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Keysight Technologies by 9.9% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 869 shares of the scientific and technical instruments company’s stock worth $149,000 after buying an additional 78 shares during the last quarter. 81.69% of the stock is currently owned by hedge funds and other institutional investors.
About Keysight Technologies
(Get Rating)
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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.
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