The KEYW Holding Corporation (KEYW) Lowered to “Strong Sell” at BidaskClub

The KEYW Holding Corporation (NASDAQ:KEYW) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday.

Other analysts have also issued reports about the stock. Maxim Group set a $13.00 price target on shares of The KEYW Holding Corporation and gave the stock a “buy” rating in a research report on Thursday, August 10th. Noble Financial reissued a “hold” rating on shares of The KEYW Holding Corporation in a research report on Friday, August 11th. Zacks Investment Research lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, ValuEngine lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $12.33.

The KEYW Holding Corporation (NASDAQ KEYW) traded down 0.26% during trading on Thursday, hitting $7.62. 191,797 shares of the stock were exchanged. The stock’s 50-day moving average price is $8.78 and its 200-day moving average price is $9.24. The firm’s market cap is $373.62 million. The KEYW Holding Corporation has a 12-month low of $7.26 and a 12-month high of $13.57.

The KEYW Holding Corporation (NASDAQ:KEYW) last posted its quarterly earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. The business had revenue of $124.10 million during the quarter, compared to analyst estimates of $120.06 million. The KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The firm’s revenue was up 69.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.01) earnings per share. On average, equities analysts expect that The KEYW Holding Corporation will post ($0.27) EPS for the current year.

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Institutional investors have recently modified their holdings of the stock. ETF Managers Group LLC acquired a new position in shares of The KEYW Holding Corporation during the second quarter valued at $21,484,000. Stephens Investment Management Group LLC bought a new position in shares of The KEYW Holding Corporation during the first quarter valued at approximately $18,893,000. FMR LLC increased its position in shares of The KEYW Holding Corporation by 20.8% in the first quarter. FMR LLC now owns 7,424,468 shares of the software maker’s stock valued at $70,087,000 after buying an additional 1,280,376 shares during the period. Boston Partners increased its position in shares of The KEYW Holding Corporation by 141.1% in the first quarter. Boston Partners now owns 1,131,804 shares of the software maker’s stock valued at $10,684,000 after buying an additional 662,294 shares during the period. Finally, Neuberger Berman Group LLC increased its position in shares of The KEYW Holding Corporation by 17.6% in the first quarter. Neuberger Berman Group LLC now owns 4,016,491 shares of the software maker’s stock valued at $37,916,000 after buying an additional 601,323 shares during the period. 92.03% of the stock is currently owned by hedge funds and other institutional investors.

About The KEYW Holding Corporation

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

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