KEYW (KEYW) Rating Lowered to Hold at Zacks Investment Research

Share on StockTwits

Zacks Investment Research cut shares of KEYW (NASDAQ:KEYW) from a buy rating to a hold rating in a research note released on Tuesday morning.

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. “

Several other equities research analysts have also commented on the company. BidaskClub lowered KEYW from a strong-buy rating to a buy rating in a research note on Saturday, October 13th. William Blair began coverage on KEYW in a research note on Monday, October 1st. They set an outperform rating on the stock. ValuEngine raised KEYW from a sell rating to a hold rating in a research note on Thursday, August 23rd. Stifel Nicolaus decreased their price target on KEYW from $9.00 to $8.00 and set a hold rating on the stock in a research note on Thursday, August 2nd. Finally, Noble Financial set a $11.00 price target on KEYW and gave the stock a buy rating in a research note on Wednesday, August 1st. Four analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. KEYW has a consensus rating of Buy and an average target price of $9.20.

Shares of NASDAQ:KEYW opened at $9.41 on Tuesday. The company has a market cap of $445.73 million, a PE ratio of -20.91 and a beta of 0.77. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.95 and a current ratio of 1.72. KEYW has a 12 month low of $4.96 and a 12 month high of $9.84.

KEYW (NASDAQ:KEYW) last announced its quarterly earnings results on Tuesday, November 6th. The software maker reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03). The firm had revenue of $126.70 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) EPS. Analysts expect that KEYW will post -0.17 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in KEYW by 2.4% in the 3rd quarter. BlackRock Inc. now owns 3,270,859 shares of the software maker’s stock valued at $28,325,000 after buying an additional 76,407 shares in the last quarter. Legal & General Group Plc lifted its stake in KEYW by 16.1% in the 2nd quarter. Legal & General Group Plc now owns 2,795,534 shares of the software maker’s stock valued at $24,433,000 after buying an additional 388,458 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in KEYW by 46.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,943,155 shares of the software maker’s stock valued at $16,983,000 after buying an additional 614,071 shares in the last quarter. Royce & Associates LP lifted its stake in KEYW by 1.7% in the 2nd quarter. Royce & Associates LP now owns 1,701,493 shares of the software maker’s stock valued at $14,871,000 after buying an additional 28,000 shares in the last quarter. Finally, SG Capital Management LLC lifted its stake in KEYW by 38.2% in the 3rd quarter. SG Capital Management LLC now owns 1,050,166 shares of the software maker’s stock valued at $9,094,000 after buying an additional 290,546 shares in the last quarter.

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.

Read More: Tariff

Get a free copy of the Zacks research report on KEYW (KEYW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations 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