Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares of the company's stock, valued at $4,457,369.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Keysight Technologies Stock Up 0.3 %
Shares of Keysight Technologies stock opened at $156.29 on Friday. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72. The company has a 50 day moving average of $154.33 and a 200 day moving average of $143.59. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $27.28 billion, a P/E ratio of 28.68, a P/E/G ratio of 7.15 and a beta of 1.05.
Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company's revenue was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.72 EPS. As a group, research analysts forecast that Keysight Technologies, Inc. will post 5.39 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
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Several research firms have weighed in on KEYS. TheStreet upgraded shares of Keysight Technologies from a "c+" rating to a "b-" rating in a research report on Wednesday, December 13th. JPMorgan Chase & Co. cut shares of Keysight Technologies from an "overweight" rating to a "neutral" rating and dropped their price objective for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. Citigroup lifted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a "buy" rating in a research note on Wednesday, February 21st. Finally, Barclays lifted their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $160.63.
Get Our Latest Stock Report on Keysight Technologies
Hedge Funds Weigh In On Keysight Technologies
Several institutional investors have recently bought and sold shares of KEYS. Lazard Asset Management LLC grew its stake in shares of Keysight Technologies by 45.5% during the 3rd quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company's stock worth $37,390,000 after purchasing an additional 88,406 shares during the period. Coldstream Capital Management Inc. lifted its holdings in Keysight Technologies by 5.7% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company's stock valued at $368,000 after purchasing an additional 151 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Keysight Technologies by 27.6% in the 3rd quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company's stock valued at $96,209,000 after purchasing an additional 155,226 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in shares of Keysight Technologies by 3.9% during the 4th quarter. Archford Capital Strategies LLC now owns 3,352 shares of the scientific and technical instruments company's stock worth $533,000 after acquiring an additional 125 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Keysight Technologies by 1,588.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,159,449 shares of the scientific and technical instruments company's stock worth $153,406,000 after acquiring an additional 1,090,763 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.
Keysight Technologies Company Profile
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Get Free Report)
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.
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