Keysight Technologies (KEYS) Shares Gap Down to $74.56

Keysight Technologies Inc (NYSE:KEYS)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $71.31, but opened at $74.56. Keysight Technologies shares last traded at $75.45, with a volume of 49105 shares changing hands.

KEYS has been the subject of several recent research reports. TheStreet upgraded shares of Keysight Technologies from a “c+” rating to an “a-” rating in a report on Thursday, February 21st. Jefferies Financial Group lifted their target price on shares of Keysight Technologies to $100.00 and gave the company a “buy” rating in a report on Tuesday, February 26th. Deutsche Bank lifted their target price on shares of Keysight Technologies from $100.00 to $120.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Stifel Nicolaus lifted their target price on shares of Keysight Technologies from $87.00 to $100.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, Zacks Investment Research upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 target price for the company in a report on Tuesday, February 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $89.33.

The stock has a market cap of $13.90 billion, a price-to-earnings ratio of 24.64 and a beta of 1.14. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.36 and a current ratio of 1.82.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $978.22 million. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. On average, equities analysts anticipate that Keysight Technologies Inc will post 3.66 earnings per share for the current fiscal year.

In related news, VP John C. Skinner sold 4,671 shares of the firm’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $84.61, for a total transaction of $395,213.31. Following the completion of the sale, the vice president now owns 30,377 shares of the company’s stock, valued at $2,570,197.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ingrid A. Estrada sold 30,786 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, February 27th. The stock was sold at an average price of $84.81, for a total transaction of $2,610,960.66. Following the completion of the sale, the senior vice president now directly owns 107,445 shares of the company’s stock, valued at approximately $9,112,410.45. The disclosure for this sale can be found here. Insiders have sold 99,707 shares of company stock valued at $8,455,884 in the last three months. 0.65% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of KEYS. Golden State Wealth Management LLC bought a new stake in Keysight Technologies in the 1st quarter worth approximately $27,000. Atlas Capital Advisors LLC bought a new stake in Keysight Technologies in the 1st quarter worth approximately $29,000. Sun Life Financial INC bought a new stake in Keysight Technologies in the 4th quarter worth approximately $32,000. Kaizen Advisory LLC bought a new stake in Keysight Technologies in the 4th quarter worth approximately $32,000. Finally, Liberty Wealth Management LLC bought a new stake in Keysight Technologies in the 4th quarter worth approximately $32,000. 89.44% of the stock is owned by institutional investors and hedge funds.

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Keysight Technologies Company Profile (NYSE:KEYS)

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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