KEYW Holding Corp. (KEYW) Forecasted to Post FY2019 Earnings of $0.11 Per Share
KEYW Holding Corp. (NASDAQ:KEYW) – Stock analysts at SunTrust Banks issued their FY2019 EPS estimates for KEYW in a research note issued on Wednesday. SunTrust Banks analyst T. Sommer forecasts that the software maker will post earnings of $0.11 per share for the year. SunTrust Banks currently has a “Buy” rating and a $13.00 price objective on the stock.
KEYW has been the topic of several other reports. Maxim Group dropped their price objective on KEYW from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. BidaskClub upgraded KEYW from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th. Stifel Nicolaus initiated coverage on KEYW in a research report on Tuesday, November 21st. They set a “hold” rating and a $6.00 price target for the company. Zacks Investment Research lowered KEYW from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Finally, Chardan Capital downgraded KEYW from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $9.20.
KEYW (NASDAQ:KEYW) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $122.39 million during the quarter, compared to analyst estimates of $129.37 million. KEYW had a negative net margin of 7.28% and a negative return on equity of 2.29%.
A number of hedge funds and other institutional investors have recently modified their holdings of KEYW. PDT Partners LLC boosted its stake in shares of KEYW by 0.9% during the 2nd quarter. PDT Partners LLC now owns 105,425 shares of the software maker’s stock worth $986,000 after acquiring an additional 925 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of KEYW by 5.1% during the 2nd quarter. Nationwide Fund Advisors now owns 29,725 shares of the software maker’s stock worth $278,000 after acquiring an additional 1,436 shares in the last quarter. M&T Bank Corp boosted its stake in shares of KEYW by 11.1% during the 2nd quarter. M&T Bank Corp now owns 28,994 shares of the software maker’s stock worth $271,000 after acquiring an additional 2,902 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of KEYW by 32.1% during the 2nd quarter. Voya Investment Management LLC now owns 19,478 shares of the software maker’s stock worth $182,000 after acquiring an additional 4,736 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its stake in shares of KEYW by 21.3% during the 2nd quarter. New York State Common Retirement Fund now owns 43,800 shares of the software maker’s stock worth $410,000 after acquiring an additional 7,699 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.
In other news, CFO Michael J. Alber bought 19,000 shares of the stock in a transaction on Tuesday, November 7th. The shares were purchased at an average price of $5.36 per share, for a total transaction of $101,840.00. Following the completion of the purchase, the chief financial officer now directly owns 19,000 shares of the company’s stock, valued at approximately $101,840. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Philip Luci bought 9,900 shares of the stock in a transaction on Tuesday, November 7th. The stock was purchased at an average price of $5.05 per share, for a total transaction of $49,995.00. The disclosure for this purchase can be found here. Insiders acquired 38,900 shares of company stock worth $203,735 in the last 90 days. Corporate insiders own 4.62% of the company’s stock.
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KEYW Company Profile
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.
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