Shares of KEYW Holding Corp. (NASDAQ:KEYW) have earned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $10.18.
A number of analysts have recently issued reports on the stock. Seaport Global Securities upgraded shares of KEYW from a “neutral” rating to a “buy” rating and raised their price target for the stock from $8.29 to $10.50 in a report on Wednesday, March 27th. BidaskClub upgraded shares of KEYW from a “hold” rating to a “buy” rating in a report on Friday, March 22nd. Zacks Investment Research upgraded shares of KEYW from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Saturday, March 16th. Chardan Capital restated a “hold” rating on shares of KEYW in a report on Wednesday, April 24th. Finally, Drexel Hamilton restated a “hold” rating on shares of KEYW in a report on Wednesday, March 13th.
Several hedge funds and other institutional investors have recently made changes to their positions in KEYW. Parallel Advisors LLC acquired a new stake in shares of KEYW during the 1st quarter worth approximately $25,000. Gotham Asset Management LLC acquired a new stake in KEYW in the 4th quarter valued at approximately $96,000. Metropolitan Life Insurance Co. NY increased its holdings in KEYW by 391.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,179 shares of the software maker’s stock valued at $108,000 after purchasing an additional 12,886 shares during the last quarter. Paloma Partners Management Co acquired a new stake in KEYW in the 4th quarter valued at approximately $142,000. Finally, BNP Paribas Arbitrage SA increased its holdings in KEYW by 888.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 22,130 shares of the software maker’s stock valued at $191,000 after purchasing an additional 19,892 shares during the last quarter. Institutional investors and hedge funds own 99.27% of the company’s stock.
KEYW (NASDAQ:KEYW) last released its earnings results on Tuesday, May 7th. The software maker reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.05). KEYW had a negative return on equity of 3.32% and a negative net margin of 4.63%. The business had revenue of $113.76 million during the quarter, compared to analysts’ expectations of $123.15 million. During the same period last year, the business earned ($0.07) earnings per share. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year. On average, equities analysts anticipate that KEYW will post 0.03 earnings per share for the current fiscal year.
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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