Wall Street analysts forecast that KEYW Holding Corp. (NASDAQ:KEYW) will announce sales of $127.90 million for the current quarter, Zacks reports. Five analysts have provided estimates for KEYW’s earnings. The highest sales estimate is $129.42 million and the lowest is $126.99 million. KEYW posted sales of $126.88 million during the same quarter last year, which suggests a positive year-over-year growth rate of 0.8%. The firm is expected to announce its next quarterly earnings report before the market opens on Tuesday, March 12th.
According to Zacks, analysts expect that KEYW will report full year sales of $508.42 million for the current financial year, with estimates ranging from $507.56 million to $509.99 million. For the next financial year, analysts expect that the business will post sales of $519.93 million, with estimates ranging from $513.80 million to $526.31 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for KEYW.
Get KEYW alerts:A number of brokerages have issued reports on KEYW. Noble Financial reaffirmed a “buy” rating and set a $10.50 price objective on shares of KEYW in a report on Monday, January 28th. BidaskClub downgraded KEYW from a “buy” rating to a “hold” rating in a report on Thursday, December 27th. ValuEngine raised KEYW from a “hold” rating to a “buy” rating in a report on Wednesday, November 7th. TheStreet raised KEYW from a “d+” rating to a “c” rating in a report on Monday, November 26th. Finally, Zacks Investment Research raised KEYW from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $9.63.
Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its stake in shares of KEYW by 12.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,561,624 shares of the software maker’s stock worth $17,138,000 after buying an additional 282,010 shares during the period. Millennium Management LLC purchased a new stake in shares of KEYW during the fourth quarter worth approximately $1,140,000. Macquarie Group Ltd. increased its position in shares of KEYW by 1.8% during the fourth quarter. Macquarie Group Ltd. now owns 1,079,540 shares of the software maker’s stock worth $7,222,000 after purchasing an additional 18,586 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of KEYW by 41.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 2,502,294 shares of the software maker’s stock worth $16,740,000 after purchasing an additional 732,735 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of KEYW during the fourth quarter worth approximately $672,000. 99.07% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:KEYW traded up $0.03 during trading on Tuesday, hitting $7.43. The company’s stock had a trading volume of 4,033 shares, compared to its average volume of 341,228. KEYW has a 12 month low of $6.12 and a 12 month high of $10.06. The company has a quick ratio of 1.42, a current ratio of 1.72 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $369.95 million, a PE ratio of -16.42 and a beta of 1.33.
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.
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