Zacks Investment Research upgraded shares of KEYW (NASDAQ:KEYW) from a sell rating to a hold rating in a report released on Wednesday.
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. “
KEYW has been the topic of a number of other research reports. Drexel Hamilton reaffirmed a hold rating on shares of KEYW in a research report on Friday, November 9th. TheStreet raised shares of KEYW from a d+ rating to a c rating in a research report on Monday, November 26th. ValuEngine raised shares of KEYW from a hold rating to a buy rating in a research report on Wednesday, November 7th. BidaskClub raised shares of KEYW from a buy rating to a strong-buy rating in a research report on Thursday, November 8th. Finally, William Blair initiated coverage on shares of KEYW in a research report on Monday, October 1st. They set an outperform rating on the stock. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. KEYW has a consensus rating of Hold and an average target price of $9.75.
Shares of KEYW stock traded down $0.10 on Wednesday, reaching $6.86. The stock had a trading volume of 358,098 shares, compared to its average volume of 498,400. The company has a current ratio of 1.72, a quick ratio of 1.42 and a debt-to-equity ratio of 0.92. KEYW has a fifty-two week low of $6.12 and a fifty-two week high of $10.06. The stock has a market capitalization of $346.51 million, a price-to-earnings ratio of -15.24 and a beta of 1.18.
KEYW (NASDAQ:KEYW) last issued its quarterly earnings data on Tuesday, November 6th. The software maker reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). KEYW had a negative return on equity of 2.56% and a negative net margin of 0.09%. The firm had revenue of $126.70 million during the quarter, compared to analyst estimates of $125.51 million. During the same quarter in the previous year, the firm posted ($0.08) earnings per share. KEYW’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, research analysts predict that KEYW will post -0.18 earnings per share for the current year.
A number of institutional investors have recently made changes to their positions in KEYW. SG Americas Securities LLC bought a new stake in KEYW in the 2nd quarter valued at $104,000. Swiss National Bank increased its holdings in KEYW by 16.1% in the 2nd quarter. Swiss National Bank now owns 87,800 shares of the software maker’s stock valued at $767,000 after buying an additional 12,200 shares during the period. BlackRock Inc. increased its holdings in KEYW by 2.8% in the 2nd 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 during the period. Dimensional Fund Advisors LP increased its holdings in KEYW by 46.2% in the 2nd 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 during the period. Finally, NJ State Employees Deferred Compensation Plan bought a new stake in KEYW in the 3rd quarter valued at $433,000.
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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