Zacks Investment Research downgraded shares of KEYW (NASDAQ:KEYW) from a buy rating to a hold rating in a research report report published on Tuesday.
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. “
Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of KEYW from a hold rating to a sell rating in a report on Thursday, August 2nd. Drexel Hamilton cut shares of KEYW from a buy rating to a hold rating in a research note on Wednesday, August 1st. BidaskClub upgraded shares of KEYW from a hold rating to a buy rating in a research note on Friday, August 24th. William Blair began coverage on shares of KEYW in a research note on Monday, October 1st. They issued an outperform rating for the company. Finally, Stifel Nicolaus cut their price target on shares of KEYW from $9.00 to $8.00 and set a hold rating for the company in a research note on Thursday, August 2nd. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $9.20.
KEYW traded up $0.37 during trading hours on Tuesday, hitting $8.89. 163,024 shares of the company’s stock were exchanged, compared to its average volume of 236,042. KEYW has a 1-year low of $4.94 and a 1-year high of $9.84. The stock has a market capitalization of $404.02 million, a price-to-earnings ratio of -19.76 and a beta of 0.77. The company has a current ratio of 2.35, a quick ratio of 1.95 and a debt-to-equity ratio of 1.02.
KEYW (NASDAQ:KEYW) last announced its earnings results on Tuesday, November 6th. The software maker reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03). KEYW had a negative return on equity of 1.47% and a negative net margin of 0.52%. The business had revenue of $126.70 million for the quarter, compared to analyst estimates of $125.51 million. During the same quarter in the previous year, the company posted ($0.08) EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, research analysts predict that KEYW will post -0.11 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. Engineers Gate Manager LP lifted its stake in KEYW by 15.8% in the second quarter. Engineers Gate Manager LP now owns 70,113 shares of the software maker’s stock valued at $613,000 after acquiring an additional 9,588 shares during the last quarter. Aperio Group LLC lifted its stake in shares of KEYW by 23.1% during the 2nd quarter. Aperio Group LLC now owns 57,993 shares of the software maker’s stock worth $507,000 after buying an additional 10,894 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of KEYW during the 2nd quarter worth about $104,000. Swiss National Bank lifted its stake in shares of KEYW by 16.1% during the 2nd quarter. Swiss National Bank now owns 87,800 shares of the software maker’s stock worth $767,000 after buying an additional 12,200 shares during the last quarter. Finally, Trexquant Investment LP acquired a new stake in shares of KEYW during the 2nd quarter worth about $109,000.
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.
Further Reading: S&P 500 Index
Get a free copy of the Zacks research report on KEYW (KEYW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for KEYW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KEYW and related companies with MarketBeat.com's FREE daily email newsletter.