Shares of Keysight Technologies Inc (NYSE:KEYS) have been assigned a consensus recommendation of “Buy” from the thirteen analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $89.50.
A number of equities research analysts have issued reports on KEYS shares. TheStreet upgraded Keysight Technologies from a “c+” rating to an “a-” rating in a research note on Thursday, February 21st. Jefferies Financial Group increased their price target on Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, February 26th. Deutsche Bank increased their price target on Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Stifel Nicolaus increased their price target on Keysight Technologies from $87.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, Zacks Investment Research upgraded Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a research note on Tuesday, February 5th.
KEYS stock traded up $0.27 during trading on Friday, reaching $73.83. The company’s stock had a trading volume of 25,167 shares, compared to its average volume of 1,756,041. Keysight Technologies has a 1 year low of $52.67 and a 1 year high of $93.77. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.36 and a current ratio of 1.82. The firm has a market capitalization of $13.96 billion, a PE ratio of 24.61 and a beta of 1.14.
In other news, SVP Ingrid A. Estrada sold 30,786 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president now owns 107,445 shares in the company, valued at $9,112,410.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Adam Wallace sold 4,775 shares of Keysight Technologies stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $85.65, for a total value of $408,978.75. The disclosure for this sale can be found here. Insiders sold a total of 99,707 shares of company stock valued at $8,455,884 in the last quarter. 0.65% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in KEYS. BlackRock Inc. grew its position in Keysight Technologies by 14.0% in the first quarter. BlackRock Inc. now owns 14,460,516 shares of the scientific and technical instruments company’s stock worth $1,260,956,000 after acquiring an additional 1,780,298 shares in the last quarter. Norges Bank purchased a new position in Keysight Technologies in the fourth quarter worth about $108,952,000. Goldman Sachs Group Inc. grew its position in Keysight Technologies by 127.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,681,220 shares of the scientific and technical instruments company’s stock worth $233,802,000 after acquiring an additional 1,501,466 shares in the last quarter. Congress Asset Management Co. MA purchased a new position in Keysight Technologies in the fourth quarter worth about $81,678,000. Finally, AQR Capital Management LLC grew its position in Keysight Technologies by 58.3% in the first quarter. AQR Capital Management LLC now owns 2,900,039 shares of the scientific and technical instruments company’s stock worth $251,695,000 after acquiring an additional 1,067,598 shares in the last quarter. Institutional investors own 89.44% of the company’s stock.
About Keysight Technologies
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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