Keysight Technologies (NYSE:KEYS) Now Covered by Vertical Research

Vertical Research initiated coverage on shares of Keysight Technologies (NYSE:KEYS) in a report published on Tuesday, Marketbeat.com reports. The brokerage issued a buy rating and a $175.00 price target on the scientific and technical instruments company’s stock.

Several other brokerages have also commented on KEYS. Susquehanna cut their price target on shares of Keysight Technologies from $208.00 to $195.00 and set a positive rating on the stock in a research note on Tuesday, May 21st. Barclays lifted their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an equal weight rating in a research note on Tuesday, May 21st. Finally, Robert W. Baird lifted their target price on shares of Keysight Technologies from $155.00 to $167.00 and gave the company an outperform rating in a report on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $167.20.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $135.89 on Tuesday. The stock has a market cap of $23.72 billion, a P/E ratio of 29.61, a price-to-earnings-growth ratio of 4.70 and a beta of 0.95. The company has a fifty day simple moving average of $139.93 and a 200-day simple moving average of $148.49. Keysight Technologies has a 12-month low of $118.57 and a 12-month high of $170.60. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.01. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. Equities analysts expect that Keysight Technologies will post 5.25 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at $533,928.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kevin A. Stephens bought 460 shares of the stock in a transaction on Tuesday, May 28th. The shares were bought at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the purchase, the director now owns 7,681 shares in the company, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Keysight Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nichols & Pratt Advisers LLP MA boosted its stake in Keysight Technologies by 7.2% during the second quarter. Nichols & Pratt Advisers LLP MA now owns 4,275 shares of the scientific and technical instruments company’s stock worth $585,000 after buying an additional 288 shares in the last quarter. EdgeRock Capital LLC acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at $44,000. Family Firm Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at $30,000. Mcrae Capital Management Inc. boosted its stake in shares of Keysight Technologies by 5.3% in the 2nd quarter. Mcrae Capital Management Inc. now owns 111,926 shares of the scientific and technical instruments company’s stock valued at $15,306,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Diversified LLC boosted its stake in shares of Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after purchasing an additional 78 shares in the last quarter. Institutional investors own 84.58% 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, 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.