BidaskClub cut shares of KEYW (NASDAQ:KEYW) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday morning.
A number of other brokerages have also recently issued reports on KEYW. Zacks Investment Research upgraded KEYW from a hold rating to a buy rating and set a $10.00 target price on the stock in a report on Thursday, July 12th. William Blair assumed coverage on KEYW in a report on Monday, October 1st. They issued an outperform rating on the stock. Noble Financial restated a buy rating and issued a $10.50 target price on shares of KEYW in a report on Friday, June 15th. ValuEngine cut KEYW from a hold rating to a sell rating in a report on Wednesday, June 20th. Finally, Drexel Hamilton cut KEYW from a buy rating to a hold rating in a report on Wednesday, August 1st. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. KEYW has an average rating of Buy and an average price target of $9.83.
Shares of NASDAQ KEYW opened at $8.60 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.95 and a current ratio of 2.35. The firm has a market capitalization of $431.95 million, a P/E ratio of -19.11 and a beta of 0.56. KEYW has a 52-week low of $4.94 and a 52-week high of $9.84.
KEYW (NASDAQ:KEYW) last issued its earnings results on Wednesday, August 1st. The software maker reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.01). The company had revenue of $128.14 million during the quarter, compared to analyst estimates of $124.91 million. KEYW had a negative return on equity of 1.47% and a negative net margin of 0.52%. The business’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.37) earnings per share. As a group, research analysts expect that KEYW will post -0.11 EPS for the current fiscal year.
Several hedge funds have recently modified their holdings of the company. NJ State Employees Deferred Compensation Plan purchased a new position in shares of KEYW during the third quarter valued at $433,000. Intrinsic Edge Capital Management LLC grew 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 buying an additional 250,000 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of KEYW by 46.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,943,155 shares of the software maker’s stock valued at $16,983,000 after buying an additional 614,071 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of KEYW by 16.1% during the second quarter. Legal & General Group Plc now owns 2,795,534 shares of the software maker’s stock valued at $24,433,000 after buying an additional 388,458 shares in the last quarter. Finally, BlackRock Inc. grew its holdings in shares of KEYW by 2.8% during the second quarter. BlackRock Inc. now owns 3,194,452 shares of the software maker’s stock valued at $27,917,000 after buying an additional 88,345 shares in the last quarter. Institutional investors and hedge funds own 98.83% of the company’s stock.
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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