Keysight Technologies Receives a Hold from Stifel Nicolaus

By Ryan Adsit

Stifel Nicolaus analyst Patrick Newton reiterated a Hold rating on Keysight Technologies (NYSE: KEYS) on August 30 and set a price target of $40. The company’s shares closed yesterday at $40.86, close to its 52-week high of $43.15.

According to TipRanks.com, Newton is a 5-star analyst with an average return of 21.0% and a 59.8% success rate. Newton covers the Consumer Goods sector, focusing on stocks such as Ipg Photonics Corp, Faro Technologies, and Lumentum Holdings.

Keysight Technologies has an analyst consensus of Strong Buy, with a price target consensus of $46.89.

Keysight Technologies’ market cap is currently $7.59B and has a P/E ratio of 30.72. The company has a book value ratio of 3.4194.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2017, Soon Chai Gooi, the SVP of KEYS sold 65,986 shares for a total of $2,552,998.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Keysight Technologies, Inc. is a measurement company, which engages in the provision of core electronic design and test solutions to communications and electronics industries. It provides electronic measurement instruments and systems, and software design tools that are used in the design, development, manufacture, installation, deployment, and operation of electronics equipment. The company operates through three segments: Communications Solutions, Electronic Industrial Solutions and Services Solutions Group. The Communications Solutions group segment serves customers spanning the worldwide commercial communications end market, which includes internet infrastructure, and the aerospace, defense and government end market. The Electronic Industrial Solutions Group segment includes test and measurement solutions across a broad set of electronic industrial end markets, which focuses on automotive and energy industry and measurement solutions for semiconductor design & manufacturing, consumer electronics, education and general electronics manufacturing. The Services Solutions Group segment provides repair, calibration and consulting services and remarkets used Keysight equipment. Keysight Technologies was founded by William R. Hewlett and David Packard in 1937 and is headquartered in Santa Rosa, CA