Keysight Technologies Inc (NYSE:KEYS) SVP Ingrid A. Estrada sold 7,624 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $107.28, for a total transaction of $817,902.72. Following the completion of the transaction, the senior vice president now directly owns 84,048 shares of the company’s stock, valued at approximately $9,016,669.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NYSE:KEYS traded up $1.42 during midday trading on Wednesday, reaching $103.16. The company’s stock had a trading volume of 1,358,901 shares, compared to its average volume of 1,702,114. The company has a quick ratio of 2.50, a current ratio of 3.21 and a debt-to-equity ratio of 0.60. The stock has a fifty day moving average of $103.65 and a 200 day moving average of $92.95. Keysight Technologies Inc has a twelve month low of $55.91 and a twelve month high of $110.00. The firm has a market capitalization of $19.35 billion, a PE ratio of 23.82, a P/E/G ratio of 2.55 and a beta of 1.28.
Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, November 26th. The scientific and technical instruments company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.21. Keysight Technologies had a net margin of 14.43% and a return on equity of 29.25%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the firm posted $1.01 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Sell-side analysts anticipate that Keysight Technologies Inc will post 4.62 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently made changes to their positions in KEYS. Quantum Capital Management purchased a new stake in shares of Keysight Technologies in the third quarter worth about $28,000. Squar Milner Financial Services LLC grew its holdings in Keysight Technologies by 328.4% during the third quarter. Squar Milner Financial Services LLC now owns 317 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 243 shares during the period. Johnson Financial Group Inc. acquired a new stake in Keysight Technologies during the second quarter worth about $35,000. Flagship Harbor Advisors LLC raised its position in Keysight Technologies by 165.7% during the third quarter. Flagship Harbor Advisors LLC now owns 372 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 232 shares in the last quarter. Finally, CWM LLC raised its position in Keysight Technologies by 69.3% during the third quarter. CWM LLC now owns 381 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 156 shares in the last quarter. 88.23% of the stock is currently owned by institutional investors.
KEYS has been the topic of a number of research analyst reports. Barclays assumed coverage on shares of Keysight Technologies in a report on Wednesday, August 7th. They set an “overweight” rating and a $103.00 price objective on the stock. Robert W. Baird upgraded Keysight Technologies from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $82.00 to $100.00 in a research note on Thursday, August 22nd. Bank of America initiated coverage on Keysight Technologies in a research report on Monday, November 18th. They set a “neutral” rating and a $115.00 price target for the company. Citigroup lifted their price target on Keysight Technologies from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Finally, Susquehanna Bancshares reiterated a “buy” rating and set a $127.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $109.45.
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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