Keysight Technologies, Inc. (NYSE:KEYS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have earned an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $181.33.

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Finally, Morgan Stanley raised their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, May 13th.

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business’s 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 transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Keysight Technologies

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock valued at $314,000 after buying an additional 61 shares during the period. Caprock Group LLC increased its position in shares of Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares during the period. Signaturefd LLC increased its position in shares of Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after buying an additional 66 shares during the period. OLD National Bancorp IN increased its position in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares during the period. Finally, Summit Financial LLC increased its position in shares of Keysight Technologies by 2.2% during the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock valued at $519,000 after buying an additional 73 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 0.3%

Keysight Technologies stock opened at $162.29 on Wednesday. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $186.20. The firm has a market capitalization of $28.05 billion, a price-to-earnings ratio of 46.37, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a 50 day simple moving average of $147.01 and a 200 day simple moving average of $159.63.

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.