Traders sold shares of Keysight Technologies Inc (NYSE:KEYS) on strength during trading on Friday. $23.44 million flowed into the stock on the tick-up and $43.13 million flowed out of the stock on the tick-down, for a money net flow of $19.69 million out of the stock. Of all companies tracked, Keysight Technologies had the 0th highest net out-flow for the day. Keysight Technologies traded up $0.87 for the day and closed at $61.49

A number of equities research analysts have recently weighed in on KEYS shares. Deutsche Bank lifted their price target on Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Zacks Investment Research raised Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $72.00 price target on the stock in a report on Friday, August 24th. Stifel Nicolaus started coverage on Keysight Technologies in a report on Monday, October 22nd. They set a “buy” rating and a $73.00 price target on the stock. Jefferies Financial Group lifted their price target on Keysight Technologies from $74.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, November 21st. Finally, Goldman Sachs Group raised Keysight Technologies from a “neutral” rating to a “buy” rating in a report on Thursday, October 18th. Ten research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Keysight Technologies currently has an average rating of “Buy” and a consensus target price of $71.22.

The firm has a market capitalization of $11.52 billion, a P/E ratio of 20.50 and a beta of 1.20. The company has a quick ratio of 1.20, a current ratio of 1.63 and a debt-to-equity ratio of 0.53.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a return on equity of 22.80% and a net margin of 4.25%. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the previous year, the company earned $0.71 earnings per share. The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Keysight Technologies Inc will post 3.5 earnings per share for the current fiscal year.

In other Keysight Technologies news, CFO Neil Dougherty sold 3,999 shares of the company’s stock in a transaction on Thursday, September 27th. The stock was sold at an average price of $65.57, for a total value of $262,214.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Stephen D. Williams sold 17,752 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $57.16, for a total value of $1,014,704.32. Following the completion of the transaction, the senior vice president now directly owns 56,986 shares in the company, valued at approximately $3,257,319.76. The disclosure for this sale can be found here. In the last three months, insiders have sold 224,508 shares of company stock worth $13,389,170. 0.97% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ELM Advisors LLC purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $101,000. TLP Group LLC purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $106,000. Qube Research & Technologies Ltd purchased a new position in Keysight Technologies during the 2nd quarter worth approximately $120,000. Smithfield Trust Co. grew its position in Keysight Technologies by 2,786.7% during the 3rd quarter. Smithfield Trust Co. now owns 2,165 shares of the scientific and technical instruments company’s stock worth $143,000 after purchasing an additional 2,090 shares in the last quarter. Finally, First Hawaiian Bank purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $149,000. 86.06% of the stock is currently owned by institutional investors.

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About Keysight Technologies (NYSE:KEYS)

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) 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 laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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