Keysight Technologies, Inc. (NYSE:KEYS) Receives $180.80 Average PT from Analysts

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $180.80.

Several research firms recently weighed in on KEYS. Susquehanna reiterated a "positive" rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Barclays raised their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Bank of America raised their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $0.29 on Thursday, hitting $165.05. 427,822 shares of the company's stock were exchanged, compared to its average volume of 696,862. Keysight Technologies has a 1 year low of $119.72 and a 1 year high of $175.39. The company has a 50-day simple moving average of $164.72 and a 200-day simple moving average of $152.85. 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 stock has a market capitalization of $28.58 billion, a PE ratio of 47.16, a PEG ratio of 2.05 and a beta of 1.02.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company's stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company's stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors have recently modified their holdings of the stock. Truvestments Capital LLC bought a new position in Keysight Technologies in the third quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $29,000. American National Bank & Trust bought a new position in shares of Keysight Technologies during the 3rd quarter worth $31,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the third quarter valued at $35,000. Finally, Versant Capital Management Inc raised its holdings in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.