Keysight Technologies Inc (NYSE:KEYS) SVP Jay Alexander sold 12,922 shares of Keysight Technologies stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $54.67, for a total transaction of $706,445.74. Following the completion of the sale, the senior vice president now directly owns 70,120 shares in the company, valued at approximately $3,833,460.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Keysight Technologies Inc (NYSE:KEYS) opened at $53.39 on Friday. Keysight Technologies Inc has a one year low of $35.05 and a one year high of $55.21. The firm has a market cap of $10,142.20, a P/E ratio of 23.94 and a beta of 1.14. The company has a quick ratio of 1.88, a current ratio of 2.57 and a debt-to-equity ratio of 0.82.
Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Thursday, March 1st. The scientific and technical instruments company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.19. Keysight Technologies had a net margin of 2.64% and a return on equity of 18.19%. The business had revenue of $837.00 million during the quarter, compared to analyst estimates of $805.96 million. During the same period in the previous year, the business earned $0.57 EPS. Keysight Technologies’s revenue was up 15.3% compared to the same quarter last year. equities analysts predict that Keysight Technologies Inc will post 2.69 earnings per share for the current fiscal year.
A number of research firms recently commented on KEYS. Deutsche Bank lifted their price target on shares of Keysight Technologies to $65.00 and gave the stock a “buy” rating in a report on Friday, March 9th. Citigroup lifted their price target on shares of Keysight Technologies from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Friday, March 9th. Zacks Investment Research cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 10th. Robert W. Baird reaffirmed an “outperform” rating and issued a $60.00 price target (up previously from $52.00) on shares of Keysight Technologies in a report on Thursday, March 8th. Finally, Credit Suisse Group lifted their price target on shares of Keysight Technologies from $54.00 to $57.00 and gave the stock an “outperform” rating in a report on Friday, March 9th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $55.50.
A number of institutional investors have recently added to or reduced their stakes in KEYS. Invictus RG purchased a new position in Keysight Technologies in the 3rd quarter valued at approximately $111,000. SeaCrest Wealth Management LLC purchased a new position in shares of Keysight Technologies during the 4th quarter valued at $121,000. Cerebellum GP LLC purchased a new position in shares of Keysight Technologies during the 4th quarter valued at $125,000. Robeco Institutional Asset Management B.V. purchased a new position in shares of Keysight Technologies during the 4th quarter valued at $168,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Keysight Technologies during the 2nd quarter valued at $207,000. Institutional investors and hedge funds own 88.66% of the company’s stock.
About Keysight Technologies
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.
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