StockNews.com Upgrades Keysight Technologies (NYSE:KEYS) to “Buy”

Keysight Technologies (NYSE:KEYS) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Other equities research analysts also recently issued reports about the company. Robert W. Baird upped their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report 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 report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Susquehanna restated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Barclays upped their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Down 1.0 %

KEYS stock opened at $162.91 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market cap of $28.21 billion, a PE ratio of 46.55, a P/E/G ratio of 2.12 and a beta of 1.00. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $175.39. The firm has a 50 day simple moving average of $162.52 and a 200 day simple moving average of $150.26.

Insider Activity at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,063 shares of company stock valued at $4,603,201. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Truvestments Capital LLC acquired a new position in Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies during the third quarter worth about $29,000. American National Bank & Trust bought a new position in Keysight Technologies during the third quarter valued at about $31,000. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies in the 2nd quarter worth approximately $27,000. Finally, Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $35,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.