KEYW Holding Corp. (KEYW) Expected to Post Q2 2019 Earnings of $0.00 Per Share

KEYW Holding Corp. (NASDAQ:KEYW) – Analysts at Seaport Global Securities upped their Q2 2019 EPS estimates for shares of KEYW in a report released on Tuesday, November 6th. Seaport Global Securities analyst J. Sullivan now expects that the software maker will earn $0.00 per share for the quarter, up from their previous estimate of ($0.01).

A number of other brokerages also recently commented on KEYW. Zacks Investment Research downgraded shares of KEYW from a “buy” rating to a “hold” rating in a research note on Thursday, July 19th. ValuEngine downgraded shares of KEYW from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Noble Financial set a $11.00 price objective on shares of KEYW and gave the company a “buy” rating in a research note on Wednesday, August 1st. Drexel Hamilton downgraded shares of KEYW from a “buy” rating to a “hold” rating in a research note on Wednesday, August 1st. Finally, BidaskClub upgraded shares of KEYW from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $9.20.

Shares of KEYW stock opened at $9.41 on Thursday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.95 and a current ratio of 1.72. The stock has a market capitalization of $445.73 million, a price-to-earnings ratio of -20.91 and a beta of 0.77. KEYW has a one year low of $4.96 and a one year high of $9.84.

KEYW (NASDAQ:KEYW) last issued its earnings results on Tuesday, November 6th. The software maker reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). The company had revenue of $126.70 million during the quarter, compared to the consensus estimate of $125.51 million. KEYW had a negative return on equity of 2.56% and a negative net margin of 0.09%. KEYW’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) earnings per share.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of KEYW by 2.4% during the third quarter. BlackRock Inc. now owns 3,270,859 shares of the software maker’s stock valued at $28,325,000 after purchasing an additional 76,407 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of KEYW by 8.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 173,832 shares of the software maker’s stock valued at $1,505,000 after purchasing an additional 14,148 shares in the last quarter. First Command Financial Services Inc. bought a new position in shares of KEYW during the third quarter valued at approximately $264,000. SG Capital Management LLC boosted its stake in shares of KEYW by 38.2% during the third quarter. SG Capital Management LLC now owns 1,050,166 shares of the software maker’s stock valued at $9,094,000 after purchasing an additional 290,546 shares in the last quarter. Finally, NJ State Employees Deferred Compensation Plan bought a new position in shares of KEYW during the third quarter valued at approximately $433,000.

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.

Further Reading: Hedge Funds Explained

Earnings History and Estimates for KEYW (NASDAQ:KEYW)

Receive News & Ratings for KEYW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KEYW and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply