Brokerages Set KEYW Holding Corp. (NASDAQ:KEYW) Price Target at $10.18

Shares of KEYW Holding Corp. (NASDAQ:KEYW) have received a consensus rating of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $10.18.

Several equities research analysts recently issued reports on the company. William Blair reiterated a “market perform” rating on shares of W W Grainger in a report on Monday, April 22nd. BidaskClub upgraded YY from a “strong sell” rating to a “sell” rating in a report on Thursday, May 30th. ValuEngine upgraded Xylem from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Zacks Investment Research downgraded Hammerson from a “hold” rating to a “sell” rating in a report on Friday, May 24th. Finally, Chardan Capital reiterated a “hold” rating on shares of KEYW in a report on Wednesday, April 24th.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NJ State Employees Deferred Compensation Plan increased its holdings in KEYW by 3.4% during the 1st quarter. NJ State Employees Deferred Compensation Plan now owns 60,000 shares of the software maker’s stock worth $517,000 after purchasing an additional 2,000 shares during the period. Parallel Advisors LLC purchased a new stake in KEYW during the 1st quarter worth about $25,000. Two Sigma Advisers LP increased its holdings in KEYW by 30.0% during the 4th quarter. Two Sigma Advisers LP now owns 34,929 shares of the software maker’s stock worth $234,000 after purchasing an additional 8,055 shares during the period. Metropolitan Life Insurance Co. NY increased its holdings in KEYW by 391.3% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,179 shares of the software maker’s stock worth $108,000 after purchasing an additional 12,886 shares during the period. Finally, Gotham Asset Management LLC purchased a new stake in KEYW during the 4th quarter worth about $96,000. Institutional investors own 99.27% of the company’s stock.

Shares of KEYW stock remained flat at $$11.23 during trading hours on Tuesday. KEYW has a 1-year low of $6.12 and a 1-year high of $11.53. The business’s 50-day simple moving average is $39,588,730.98. The firm has a market cap of $563.41 million, a PE ratio of -62.39 and a beta of 1.38. The company has a quick ratio of 1.32, a current ratio of 1.59 and a debt-to-equity ratio of 1.09.

KEYW (NASDAQ:KEYW) last announced its quarterly earnings results on Tuesday, May 7th. The software maker reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.05). The business had revenue of $113.76 million during the quarter, compared to analyst estimates of $123.15 million. KEYW had a negative net margin of 4.63% and a negative return on equity of 3.32%. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period last year, the company earned ($0.07) EPS. As a group, equities analysts expect 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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Analyst Recommendations for KEYW (NASDAQ:KEYW)

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