KEYW Holding Corp. (NASDAQ:KEYW) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $10.18.
KEYW has been the subject of several recent analyst reports. Zacks Investment Research cut Hammerson from a “hold” rating to a “sell” rating in a report on Friday, May 24th. SunTrust Banks cut KEYW from a “buy” rating to a “hold” rating and raised their price target for the company from $11.00 to $11.25 in a report on Monday, April 22nd. William Blair reissued a “market perform” rating on shares of W W Grainger in a report on Monday, April 22nd. Chardan Capital reissued a “hold” rating on shares of KEYW in a report on Wednesday, April 24th. Finally, Gabelli cut KEYW from a “buy” rating to a “hold” rating in a report on Monday, April 22nd.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers boosted its position in shares of KEYW by 42.2% in the fourth quarter. Rhumbline Advisers now owns 70,100 shares of the software maker’s stock valued at $469,000 after acquiring an additional 20,816 shares during the period. California Public Employees Retirement System lifted its position in KEYW by 79.3% during the fourth quarter. California Public Employees Retirement System now owns 143,418 shares of the software maker’s stock valued at $959,000 after purchasing an additional 63,418 shares during the last quarter. BlackRock Inc. lifted its position in KEYW by 2.1% during the fourth quarter. BlackRock Inc. now owns 3,339,937 shares of the software maker’s stock valued at $22,345,000 after purchasing an additional 69,078 shares during the last quarter. Raymond James & Associates bought a new stake in KEYW during the fourth quarter valued at approximately $230,000. Finally, Citigroup Inc. lifted its position in KEYW by 837.8% during the fourth quarter. Citigroup Inc. now owns 172,967 shares of the software maker’s stock valued at $1,157,000 after purchasing an additional 154,524 shares during the last quarter. 99.27% of the stock is owned by hedge funds and other institutional investors.
KEYW (NASDAQ:KEYW) last posted its quarterly earnings data on Tuesday, May 7th. The software maker reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.05). KEYW had a negative return on equity of 3.32% and a negative net margin of 4.63%. The company had revenue of $113.76 million for the quarter, compared to analyst estimates of $123.15 million. During the same period in the previous year, the business posted ($0.07) earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. Equities analysts predict that KEYW will post 0.03 earnings per share for the current year.
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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