The KEYW Holding Corporation (NASDAQ:KEYW) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Monday, July 24th.
Several other analysts also recently issued reports on KEYW. Maxim Group upgraded The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Thursday, May 4th. Noble Financial restated a “hold” rating on shares of The KEYW Holding Corporation in a research note on Friday, May 5th. Zacks Investment Research upgraded The KEYW Holding Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Finally, ValuEngine downgraded The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The KEYW Holding Corporation currently has an average rating of “Hold” and a consensus price target of $12.33.
Shares of The KEYW Holding Corporation (NASDAQ:KEYW) opened at 8.23 on Monday. The company’s market capitalization is $408.81 million. The KEYW Holding Corporation has a 52-week low of $7.27 and a 52-week high of $13.57. The stock has a 50 day moving average price of $8.97 and a 200 day moving average price of $9.36.
The KEYW Holding Corporation (NASDAQ:KEYW) last released its quarterly earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. The business had revenue of $124.10 million during the quarter, compared to the consensus estimate of $120.06 million. The KEYW Holding Corporation had a negative return on equity of 1.61% and a negative net margin of 6.39%. The firm’s quarterly revenue was up 69.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) EPS. On average, analysts predict that The KEYW Holding Corporation will post $0.02 earnings per share for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake in The KEYW Holding Corporation by 78.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 299,412 shares of the software maker’s stock worth $3,531,000 after buying an additional 131,840 shares during the last quarter. State Street Corp increased its stake in The KEYW Holding Corporation by 6.8% in the fourth quarter. State Street Corp now owns 630,642 shares of the software maker’s stock worth $7,435,000 after buying an additional 40,013 shares during the last quarter. Renaissance Technologies LLC increased its stake in The KEYW Holding Corporation by 1,077.8% in the fourth quarter. Renaissance Technologies LLC now owns 323,900 shares of the software maker’s stock worth $3,819,000 after buying an additional 296,400 shares during the last quarter. Bank of Montreal Can increased its stake in The KEYW Holding Corporation by 18.0% in the first quarter. Bank of Montreal Can now owns 295,470 shares of the software maker’s stock worth $2,789,000 after buying an additional 45,000 shares during the last quarter. Finally, M&T Bank Corp increased its stake in The KEYW Holding Corporation by 31.4% in the first quarter. M&T Bank Corp now owns 26,092 shares of the software maker’s stock worth $246,000 after buying an additional 6,237 shares during the last quarter. Hedge funds and other institutional investors own 97.26% of the company’s stock.
About The KEYW Holding Corporation
The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.
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