The Keyw (NASDAQ:KEYW) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Wednesday.
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. “
A number of other equities analysts have also weighed in on KEYW. BidaskClub upgraded shares of The Keyw from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 10th. ValuEngine lowered shares of The Keyw from a “sell” rating to a “strong sell” rating in a research report on Friday, March 2nd. Stifel Nicolaus restated a “hold” rating and set a $8.00 target price on shares of The Keyw in a research report on Friday, March 16th. TheStreet raised shares of The Keyw from a “d+” rating to a “c” rating in a research note on Thursday, March 15th. Finally, Noble Financial reaffirmed a “buy” rating on shares of The Keyw in a research note on Friday, March 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $9.33.
The Keyw (NASDAQ:KEYW) last issued its earnings results on Tuesday, May 8th. The software maker reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.04). The Keyw had a negative return on equity of 0.93% and a negative net margin of 1.58%. The company had revenue of $125.74 million for the quarter, compared to the consensus estimate of $122.01 million. During the same quarter in the prior year, the company posted ($0.08) EPS. The Keyw’s revenue was up 84.2% compared to the same quarter last year. research analysts forecast that The Keyw will post -0.19 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in KEYW. SG Capital Management LLC purchased a new stake in The Keyw during the fourth quarter valued at $4,533,000. Segall Bryant & Hamill LLC purchased a new stake in The Keyw during the fourth quarter valued at $3,101,000. Cooper Creek Partners Management LLC purchased a new stake in The Keyw during the fourth quarter valued at $2,103,000. Royce & Associates LP raised its stake in The Keyw by 23.5% during the fourth quarter. Royce & Associates LP now owns 1,715,993 shares of the software maker’s stock valued at $10,073,000 after purchasing an additional 326,741 shares in the last quarter. Finally, Boston Partners raised its stake in The Keyw by 23.9% during the fourth quarter. Boston Partners now owns 1,329,500 shares of the software maker’s stock valued at $7,804,000 after purchasing an additional 256,756 shares in the last quarter. 92.66% of the stock is currently owned by institutional investors.
The 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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