Shares of Keysight Technologies Inc. (NYSE:KEYS) have been assigned an average recommendation of “Buy” from the fourteen research firms that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $47.11.

A number of analysts have commented on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a $40.00 price target on shares of Keysight Technologies in a research note on Friday, September 1st. Robert W. Baird reiterated a “buy” rating and issued a $48.00 price target on shares of Keysight Technologies in a research note on Friday, September 1st. ValuEngine cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Citigroup Inc. reiterated a “buy” rating and issued a $50.00 price target (up previously from $49.00) on shares of Keysight Technologies in a research note on Friday, September 1st. Finally, BidaskClub cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th.

Keysight Technologies (KEYS) traded up 0.313% during midday trading on Wednesday, hitting $40.095. 159,716 shares of the company traded hands. The firm has a market capitalization of $7.43 billion, a PE ratio of 20.373 and a beta of 1.15. The stock’s 50-day moving average is $41.30 and its 200-day moving average is $38.84. Keysight Technologies has a 12-month low of $29.25 and a 12-month high of $43.15.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. The firm had revenue of $832 million during the quarter, compared to analysts’ expectations of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.63 earnings per share. Analysts anticipate that Keysight Technologies will post $2.47 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This news story was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this news story on another site, it was copied illegally and reposted in violation of US and international trademark and copyright law. The correct version of this news story can be viewed at https://theolympiareport.com/2017/09/06/keysight-technologies-inc-keys-given-consensus-recommendation-of-buy-by-brokerages.html.

In other news, SVP Michael Gasparian sold 2,677 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $41.66, for a total value of $111,523.82. Following the transaction, the senior vice president now directly owns 65,926 shares of the company’s stock, valued at $2,746,477.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles J. Dockendorff acquired 13,210 shares of the company’s stock in a transaction dated Friday, June 9th. The stock was bought at an average cost of $37.81 per share, for a total transaction of $499,470.10. Following the completion of the transaction, the director now directly owns 51,800 shares of the company’s stock, valued at $1,958,558. The disclosure for this purchase can be found here. Insiders sold 428,907 shares of company stock worth $16,442,700 over the last three months. Insiders own 1.23% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Mckinley Capital Management LLC Delaware bought a new position in shares of Keysight Technologies in the second quarter valued at about $100,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in Keysight Technologies by 171.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock worth $137,000 after acquiring an additional 2,400 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in Keysight Technologies during the second quarter worth about $207,000. San Francisco Sentry Investment Group CA increased its position in Keysight Technologies by 1.7% during the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock worth $212,000 after acquiring an additional 100 shares during the period. Finally, Creative Planning increased its position in Keysight Technologies by 1.2% during the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock worth $212,000 after acquiring an additional 63 shares during the period. 88.07% of the stock is currently owned by institutional investors.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Analyst Recommendations for Keysight Technologies (NYSE:KEYS)

Receive News & Ratings for Keysight Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.