KEYW (KEYW) Upgraded by BidaskClub to Strong-Buy

KEYW (NASDAQ:KEYW) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday.

A number of other research analysts have also recently issued reports on the company. ValuEngine upgraded KEYW from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research cut KEYW from a “buy” rating to a “hold” rating in a research note on Tuesday. William Blair assumed coverage on KEYW in a research note on Monday, October 1st. They set an “outperform” rating for the company. Stifel Nicolaus lowered their price objective on KEYW from $9.00 to $8.00 and set a “hold” rating for the company in a research note on Thursday, August 2nd. Finally, Noble Financial set a $11.00 price objective on KEYW and gave the company a “buy” rating in a research note on Wednesday, August 1st. Four analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $9.20.

NASDAQ:KEYW traded up $0.50 during trading hours on Thursday, reaching $9.44. 626,789 shares of the company traded hands, compared to its average volume of 488,293. The stock has a market capitalization of $424.97 million, a price-to-earnings ratio of -20.98 and a beta of 0.77. KEYW has a 1 year low of $4.96 and a 1 year high of $9.84. 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 quarterly earnings data on Tuesday, November 6th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). The company had revenue of $126.70 million for the quarter, compared to analysts’ expectations of $125.51 million. KEYW had a negative net margin of 0.09% and a negative return on equity of 2.55%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.08) EPS. As a group, equities research analysts predict that KEYW will post -0.11 EPS for the current year.

Several hedge funds have recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of KEYW by 8.9% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 173,832 shares of the software maker’s stock worth $1,505,000 after purchasing an additional 14,148 shares during the last quarter. First Command Financial Services Inc. purchased a new position in shares of KEYW in the third quarter worth $264,000. SG Capital Management LLC raised its stake in shares of KEYW by 38.2% in the third quarter. SG Capital Management LLC now owns 1,050,166 shares of the software maker’s stock worth $9,094,000 after purchasing an additional 290,546 shares during the last quarter. NJ State Employees Deferred Compensation Plan purchased a new position in shares of KEYW in the third quarter worth $433,000. Finally, Intrinsic Edge Capital Management LLC raised its stake in shares of KEYW by 92.8% in the second quarter. Intrinsic Edge Capital Management LLC now owns 519,531 shares of the software maker’s stock worth $4,541,000 after purchasing an additional 250,000 shares during the last quarter.

About KEYW

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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Analyst Recommendations for KEYW (NASDAQ:KEYW)

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