The KEYW Holding Corporation (NASDAQ:KEYW) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Monday, July 24th.
KEYW has been the subject of a number of other reports. Maxim Group upgraded shares of The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Thursday, May 4th. Zacks Investment Research upgraded shares of The KEYW Holding Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 5th. Noble Financial reiterated a “hold” rating on shares of The KEYW Holding Corporation in a report on Friday, May 5th. Finally, ValuEngine cut shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $12.33.
The KEYW Holding Corporation (NASDAQ:KEYW) opened at 7.62 on Monday. The company’s market capitalization is $373.62 million. The firm’s 50-day moving average price is $8.78 and its 200-day moving average price is $9.24. The KEYW Holding Corporation has a 52 week low of $7.26 and a 52 week high of $13.57.
The KEYW Holding Corporation (NASDAQ:KEYW) last issued its quarterly earnings data on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The firm had revenue of $124.10 million during the quarter, compared to analysts’ expectations 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 business’s revenue was up 69.3% on a year-over-year basis. During the same period last year, the company earned ($0.01) earnings per share. On average, equities analysts expect that The KEYW Holding Corporation will post ($0.27) earnings per share for the current year.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Concourse Capital Management LLC purchased a new position in The KEYW Holding Corporation during the second quarter valued at $109,000. Greenwood Capital Associates LLC purchased a new position in The KEYW Holding Corporation during the first quarter valued at $114,000. Paloma Partners Management Co purchased a new position in The KEYW Holding Corporation during the first quarter valued at $132,000. Zacks Investment Management purchased a new position in The KEYW Holding Corporation during the second quarter valued at $138,000. Finally, US Bancorp DE boosted its position 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. Institutional investors and hedge funds own 92.03% 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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