KEYW Holding Corp. (KEYW) Expected to Post Quarterly Sales of $123.60 Million

Wall Street analysts expect KEYW Holding Corp. (NASDAQ:KEYW) to post sales of $123.60 million for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for KEYW’s earnings. The highest sales estimate is $128.26 million and the lowest is $119.50 million. KEYW posted sales of $125.74 million during the same quarter last year, which would suggest a negative year over year growth rate of 1.7%. The firm is expected to announce its next earnings report on Tuesday, May 14th.

On average, analysts expect that KEYW will report full-year sales of $519.08 million for the current fiscal year, with estimates ranging from $513.20 million to $527.11 million. For the next financial year, analysts expect that the company will post sales of $548.60 million, with estimates ranging from $542.00 million to $555.66 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover KEYW.

KEYW (NASDAQ:KEYW) last announced its earnings results on Tuesday, March 12th. The software maker reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.03). The firm had revenue of $126.30 million during the quarter, compared to analysts’ expectations of $128.10 million. KEYW had a negative net margin of 4.34% and a negative return on equity of 2.95%. The business’s revenue was down .5% compared to the same quarter last year.

Several analysts recently issued reports on KEYW shares. Seaport Global Securities reaffirmed a “neutral” rating on shares of KEYW in a report on Tuesday, March 12th. Noble Financial reaffirmed a “buy” rating and issued a $10.50 price target on shares of KEYW in a report on Monday, January 21st. ValuEngine cut shares of KEYW from a “buy” rating to a “hold” rating in a report on Friday, December 21st. BidaskClub cut shares of KEYW from a “buy” rating to a “hold” rating in a report on Thursday, December 27th. Finally, Zacks Investment Research raised shares of KEYW from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a report on Saturday, March 16th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $9.50.

KEYW traded up $0.05 during trading on Friday, hitting $8.00. The company had a trading volume of 4,878 shares, compared to its average volume of 244,234. The stock has a market capitalization of $408.96 million, a PE ratio of -44.61 and a beta of 1.30. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.64 and a quick ratio of 1.38. KEYW has a 1-year low of $6.12 and a 1-year high of $10.06.

Several large investors have recently modified their holdings of the business. Gotham Asset Management LLC bought a new position in shares of KEYW during the fourth quarter worth about $96,000. Metropolitan Life Insurance Co. NY grew its position in shares of KEYW by 391.3% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 16,179 shares of the software maker’s stock worth $108,000 after acquiring an additional 12,886 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of KEYW during the fourth quarter worth about $142,000. Allianz Asset Management GmbH bought a new position in shares of KEYW during the third quarter worth about $181,000. Finally, Raymond James & Associates bought a new position in shares of KEYW during the fourth quarter worth about $230,000.

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.

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Earnings History and Estimates for KEYW (NASDAQ:KEYW)

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