Zacks Investment Research upgraded shares of KEYW (NASDAQ:KEYW) from a hold rating to a buy rating in a research report released on Wednesday. They currently have $10.00 price target on the software maker’s stock.
According to Zacks, “KEYW Corporation with its subsidiaries is engaged in providing mission-critical cyber security and cyber superiority solutions to defense, intelligence and national security agencies. Its solutions, services and products support the collection, processing, analysis, and use of intelligence data and information in the domain of cyberspace. The Company provides a full range of engineering services as well as fully integrated platforms that support the entire intelligence process. Its platform includes products that it manufactures, as well as hardware and software that the Company integrates using its engineering services. Its current customers include the National Security Agency (NSA), other intelligence agencies, the Department of Defense (including major agencies and branches within the Department of Defense) and other federal defense and law enforcement agencies. KEYW Corporation is headquartered in Hanover, Maryland. “
Other analysts have also recently issued research reports about the stock. BidaskClub cut shares of KEYW from a strong-buy rating to a buy rating in a research note on Tuesday, June 19th. ValuEngine cut shares of KEYW from a hold rating to a sell rating in a research note on Thursday, August 2nd. Drexel Hamilton lowered shares of KEYW from a buy rating to a hold rating in a report on Wednesday, August 1st. William Blair initiated coverage on shares of KEYW in a report on Monday, October 1st. They issued an outperform rating on the stock. Finally, Stifel Nicolaus dropped their target price on shares of KEYW from $9.00 to $8.00 and set a hold rating on the stock in a report on Thursday, August 2nd. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $9.83.
Shares of KEYW stock traded down $0.14 during trading on Wednesday, hitting $8.17. The company’s stock had a trading volume of 292,399 shares, compared to its average volume of 506,078. The company has a quick ratio of 1.95, a current ratio of 2.35 and a debt-to-equity ratio of 1.02. KEYW has a 52 week low of $4.94 and a 52 week high of $9.84. The stock has a market cap of $431.95 million, a price-to-earnings ratio of -18.16 and a beta of 0.56.
KEYW (NASDAQ:KEYW) last issued its quarterly earnings data on Wednesday, August 1st. The software maker reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.01). KEYW had a negative return on equity of 1.47% and a negative net margin of 0.52%. The business had revenue of $128.14 million during the quarter, compared to the consensus estimate of $124.91 million. During the same period in the prior year, the firm earned ($0.37) EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, equities analysts anticipate that KEYW will post -0.11 earnings per share for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the stock. Intrinsic Edge Capital Management LLC raised its holdings in shares of KEYW by 92.8% during the second quarter. Intrinsic Edge Capital Management LLC now owns 519,531 shares of the software maker’s stock valued at $4,541,000 after purchasing an additional 250,000 shares during the period. Swiss National Bank raised its holdings in shares of KEYW by 16.1% during the second quarter. Swiss National Bank now owns 87,800 shares of the software maker’s stock valued at $767,000 after purchasing an additional 12,200 shares during the period. First Trust Advisors LP raised its holdings in shares of KEYW by 50.9% during the second quarter. First Trust Advisors LP now owns 556,134 shares of the software maker’s stock valued at $4,861,000 after purchasing an additional 187,673 shares during the period. Royce & Associates LP raised its holdings in shares of KEYW by 1.7% during the second quarter. Royce & Associates LP now owns 1,701,493 shares of the software maker’s stock valued at $14,871,000 after purchasing an additional 28,000 shares during the period. Finally, Trexquant Investment LP acquired a new position in shares of KEYW during the second quarter valued at about $109,000. Institutional investors and hedge funds own 98.83% of the company’s stock.
KEYW Company Profile
The KeyW Holding Corporation, together with its subsidiaries, provides engineering and technology solutions to support the collection, processing, analysis, and dissemination of information across the spectrum of the intelligence, cyber, and counterterrorism communities in the United States. The company's solutions are designed to meet the critical needs of agile intelligence and U.S.
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