The KEYW Holding Corporation (KEYW) Downgraded by BidaskClub

BidaskClub downgraded shares of The KEYW Holding Corporation (NASDAQ:KEYW) from a sell rating to a strong sell rating in a report issued on Thursday.

KEYW has been the topic of a number of other research reports. Maxim Group upgraded The KEYW Holding Corporation from a hold rating to a buy rating and set a $13.00 price objective on the stock in a research note on Thursday, May 4th. Zacks Investment Research upgraded The KEYW Holding Corporation from a sell rating to a hold rating in a research note on Friday, August 11th. Noble Financial restated a hold rating on shares of The KEYW Holding Corporation in a research note on Friday, May 5th. Finally, ValuEngine cut The KEYW Holding Corporation from a hold rating to a sell rating in a research note on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $12.33.

Shares of The KEYW Holding Corporation (NASDAQ KEYW) traded down 0.26% during midday trading on Thursday, reaching $7.62. The company’s stock had a trading volume of 191,797 shares. The firm’s market capitalization is $373.62 million. The KEYW Holding Corporation has a 52 week low of $7.27 and a 52 week high of $13.57. The firm’s 50 day moving average is $8.78 and its 200 day moving average is $9.24.

The KEYW Holding Corporation (NASDAQ:KEYW) last issued its quarterly earnings data on Wednesday, August 9th. The software maker reported ($0.02) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.02. The company had revenue of $124.10 million for the quarter, compared to analysts’ expectations of $120.06 million. The KEYW Holding Corporation had a negative return on equity of 1.61% and a negative net margin of 6.39%. The firm’s quarterly revenue was up 69.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. Equities analysts forecast that The KEYW Holding Corporation will post ($0.27) EPS for the current fiscal year.

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Several hedge funds have recently made changes to their positions in KEYW. State Street Corp raised its stake in shares of The KEYW Holding Corporation by 6.8% in the fourth quarter. State Street Corp now owns 630,642 shares of the software maker’s stock worth $7,435,000 after buying an additional 40,013 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of The KEYW Holding Corporation by 78.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 299,412 shares of the software maker’s stock worth $3,531,000 after buying an additional 131,840 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of The KEYW Holding Corporation by 156.9% in the fourth quarter. AQR Capital Management LLC now owns 28,719 shares of the software maker’s stock worth $339,000 after buying an additional 17,541 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of The KEYW Holding Corporation by 11.9% in the fourth quarter. Teachers Advisors LLC now owns 81,774 shares of the software maker’s stock worth $964,000 after buying an additional 8,704 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of The KEYW Holding Corporation by 18.0% in the first quarter. Bank of Montreal Can now owns 295,470 shares of the software maker’s stock worth $2,789,000 after buying an additional 45,000 shares during the last quarter. 92.03% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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