BidaskClub upgraded shares of KEYW (NASDAQ:KEYW) from a hold rating to a buy rating in a research note released on Saturday.
A number of other brokerages also recently issued reports on KEYW. Maxim Group decreased their price target on KEYW from $13.00 to $10.00 and set a buy rating for the company in a report on Friday, November 3rd. SunTrust Banks reiterated a buy rating and set a $13.00 target price on shares of KEYW in a research report on Friday, October 20th. Chardan Capital cut KEYW from a buy rating to a neutral rating in a research report on Wednesday, January 3rd. Stifel Nicolaus started coverage on KEYW in a research report on Tuesday, November 21st. They set a hold rating and a $6.00 target price on the stock. Finally, Royal Bank of Canada set a $7.00 target price on KEYW and gave the stock a buy rating in a research report on Thursday, November 16th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. KEYW presently has a consensus rating of Hold and an average target price of $9.20.
Shares of KEYW (KEYW) opened at $6.46 on Friday. The stock has a market capitalization of $317.20, a PE ratio of -11.14 and a beta of 0.81. The company has a current ratio of 1.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.88. KEYW has a fifty-two week low of $4.94 and a fifty-two week high of $12.40.
KEYW (NASDAQ:KEYW) last announced its quarterly earnings results on Thursday, November 2nd. The software maker reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.02). KEYW had a negative return on equity of 2.29% and a negative net margin of 7.28%. sell-side analysts predict that KEYW will post -0.53 earnings per share for the current fiscal year.
In related news, CFO Michael J. Alber purchased 19,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average price of $5.36 per share, for a total transaction of $101,840.00. Following the transaction, the chief financial officer now directly owns 19,000 shares of the company’s stock, valued at approximately $101,840. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Caroline S. Pisano purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was bought at an average price of $5.19 per share, for a total transaction of $51,900.00. Following the transaction, the director now directly owns 69,346 shares in the company, valued at $359,905.74. The disclosure for this purchase can be found here. Insiders have bought 38,900 shares of company stock worth $203,735 in the last quarter. Insiders own 4.62% of the company’s stock.
A number of hedge funds have recently modified their holdings of the stock. PDT Partners LLC increased its position in KEYW by 0.9% in the 2nd quarter. PDT Partners LLC now owns 105,425 shares of the software maker’s stock valued at $986,000 after acquiring an additional 925 shares during the period. Nationwide Fund Advisors increased its position in KEYW by 5.1% in the 2nd quarter. Nationwide Fund Advisors now owns 29,725 shares of the software maker’s stock valued at $278,000 after acquiring an additional 1,436 shares during the period. M&T Bank Corp increased its position in KEYW by 11.1% in the 2nd quarter. M&T Bank Corp now owns 28,994 shares of the software maker’s stock valued at $271,000 after acquiring an additional 2,902 shares during the period. Voya Investment Management LLC increased its position in KEYW by 32.1% in the 2nd quarter. Voya Investment Management LLC now owns 19,478 shares of the software maker’s stock valued at $182,000 after acquiring an additional 4,736 shares during the period. Finally, Rhumbline Advisers increased its position in KEYW by 15.0% in the 2nd quarter. Rhumbline Advisers now owns 56,125 shares of the software maker’s stock valued at $525,000 after acquiring an additional 7,302 shares during the period. Hedge funds and other institutional investors own 96.30% of the company’s stock.
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KEYW 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.
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