Analysts forecast that The Keyw (NASDAQ:KEYW) will announce $123.68 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for The Keyw’s earnings, with the lowest sales estimate coming in at $122.16 million and the highest estimate coming in at $125.57 million. The Keyw posted sales of $68.26 million during the same quarter last year, which would indicate a positive year over year growth rate of 81.2%. The business is scheduled to issue its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that The Keyw will report full year sales of $123.68 million for the current fiscal year, with estimates ranging from $502.70 million to $510.48 million. For the next year, analysts forecast that the company will post sales of $524.04 million per share, with estimates ranging from $517.77 million to $528.36 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover The Keyw.
A number of analysts have issued reports on KEYW shares. Maxim Group set a $10.00 target price on The Keyw and gave the company a “buy” rating in a report on Monday, March 26th. Noble Financial reissued a “buy” rating on shares of The Keyw in a report on Friday, March 23rd. BidaskClub raised The Keyw from a “hold” rating to a “buy” rating in a report on Saturday, January 13th. Zacks Investment Research raised The Keyw from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a report on Saturday, March 17th. Finally, TheStreet raised The Keyw from a “d+” rating to a “c” rating in a report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The Keyw has an average rating of “Buy” and a consensus price target of $9.33.
Several institutional investors have recently bought and sold shares of the stock. AXA lifted its position in shares of The Keyw by 58.0% during the 4th quarter. AXA now owns 74,400 shares of the software maker’s stock worth $437,000 after buying an additional 27,300 shares during the period. JPMorgan Chase & Co. raised its position in The Keyw by 30.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 118,728 shares of the software maker’s stock valued at $950,000 after purchasing an additional 27,597 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in The Keyw by 20.1% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 217,397 shares of the software maker’s stock valued at $1,655,000 after purchasing an additional 36,434 shares during the last quarter. Geode Capital Management LLC raised its position in The Keyw by 10.8% in the 4th quarter. Geode Capital Management LLC now owns 424,402 shares of the software maker’s stock valued at $2,491,000 after purchasing an additional 41,251 shares during the last quarter. Finally, Susquehanna International Group LLP raised its position in The Keyw by 330.7% in the 3rd quarter. Susquehanna International Group LLP now owns 58,138 shares of the software maker’s stock valued at $442,000 after purchasing an additional 44,638 shares during the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.
KEYW traded up $0.02 during midday trading on Friday, reaching $7.88. The company’s stock had a trading volume of 100,859 shares, compared to its average volume of 587,290. The firm has a market capitalization of $398.49, a P/E ratio of -17.53 and a beta of 0.64. The company has a quick ratio of 1.26, a current ratio of 1.50 and a debt-to-equity ratio of 0.83. The Keyw has a twelve month low of $4.94 and a twelve month high of $10.50.
About The Keyw
The KEYW Holding Corporation, through its subsidiaries, provides engineering and technology solutions to support the collection, processing, analysis, and dissemination of information across the intelligence, cyber, and counterterrorism communities. Its solutions are designed to respond to meet the critical needs for agile intelligence and to assist the U.S.
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