The KEYW Holding Corporation (KEYW) Upgraded at Drexel Hamilton

The KEYW Holding Corporation (NASDAQ:KEYW) was upgraded by investment analysts at Drexel Hamilton from a “hold” rating to a “buy” rating in a report released on Friday.

Several other equities analysts have also weighed in on KEYW. Maxim Group upgraded shares of 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 report on Thursday, May 4th. Noble Financial restated a “hold” rating on shares of The KEYW Holding Corporation in a research report on Friday, May 5th. Zacks Investment Research upgraded shares of The KEYW Holding Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 9th. ValuEngine lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Finally, BidaskClub lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $12.33.

The KEYW Holding Corporation (KEYW) opened at 7.69 on Friday. The firm’s 50-day moving average is $8.62 and its 200-day moving average is $9.18. The KEYW Holding Corporation has a 52-week low of $7.26 and a 52-week high of $13.57. The firm’s market cap is $377.06 million.

The KEYW Holding Corporation (NASDAQ:KEYW) last posted its quarterly earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. The company had revenue of $124.10 million during the quarter, compared to analyst estimates of $120.06 million. The KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The firm’s revenue for the quarter was up 69.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.01) earnings per share. Analysts forecast that The KEYW Holding Corporation will post ($0.27) EPS for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the stock. Trexquant Investment LP acquired a new stake in The KEYW Holding Corporation during the first quarter valued at approximately $216,000. Virginia Retirement Systems ET AL acquired a new stake in The KEYW Holding Corporation during the first quarter valued at approximately $763,000. Sei Investments Co. increased its stake in The KEYW Holding Corporation by 8.2% in the first quarter. Sei Investments Co. now owns 15,087 shares of the software maker’s stock valued at $143,000 after buying an additional 1,138 shares during the period. Swiss National Bank increased its stake in The KEYW Holding Corporation by 21.2% in the first quarter. Swiss National Bank now owns 75,600 shares of the software maker’s stock valued at $714,000 after buying an additional 13,200 shares during the period. Finally, US Bancorp DE increased its stake in The KEYW Holding Corporation by 183.3% in the first quarter. US Bancorp DE now owns 14,868 shares of the software maker’s stock valued at $140,000 after buying an additional 9,620 shares during the period. 92.03% of the stock is currently owned by institutional investors and hedge funds.

The KEYW Holding Corporation Company Profile

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.

Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

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