KEYW Holding Corp. (KEYW) Expected to Announce Quarterly Sales of $125.45 Million

Equities research analysts expect that KEYW Holding Corp. (NASDAQ:KEYW) will announce sales of $125.45 million for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for KEYW’s earnings, with estimates ranging from $124.85 million to $126.93 million. KEYW reported sales of $68.93 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 82%. The firm is expected to report its next quarterly earnings results on Wednesday, March 14th.

On average, analysts expect that KEYW will report full year sales of $125.45 million for the current fiscal year, with estimates ranging from $434.70 million to $441.64 million. For the next fiscal year, analysts anticipate that the business will post sales of $509.27 million per share, with estimates ranging from $502.70 million to $522.00 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover KEYW.

KEYW (NASDAQ:KEYW) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.02). The company had revenue of $122.39 million for the quarter, compared to analysts’ expectations of $129.37 million. KEYW had a negative net margin of 7.28% and a negative return on equity of 2.29%.

KEYW has been the topic of several recent analyst reports. Maxim Group decreased their price objective on shares of KEYW from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. BidaskClub raised shares of KEYW from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. SunTrust Banks reaffirmed a “buy” rating and set a $13.00 price objective on shares of KEYW in a report on Friday, October 20th. Zacks Investment Research downgraded shares of KEYW from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Finally, Stifel Nicolaus initiated coverage on shares of KEYW in a report on Tuesday, November 21st. They set a “hold” rating and a $6.00 price objective on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $9.20.

In other KEYW news, General Counsel Philip Luci purchased 9,900 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were purchased at an average cost of $5.05 per share, with a total value of $49,995.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael J. Alber purchased 19,000 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average cost of $5.36 per share, for a total transaction of $101,840.00. Following the completion of the purchase, the chief financial officer now owns 19,000 shares of the company’s stock, valued at approximately $101,840. The disclosure for this purchase can be found here. Over the last three months, insiders bought 38,900 shares of company stock worth $203,735. Insiders own 4.62% of the company’s stock.

Several large investors have recently bought and sold shares of KEYW. Vanguard Group Inc. raised its stake in KEYW by 4.4% during the second quarter. Vanguard Group Inc. now owns 1,855,764 shares of the software maker’s stock worth $17,351,000 after purchasing an additional 78,988 shares during the period. Northern Trust Corp raised its stake in KEYW by 58.9% during the second quarter. Northern Trust Corp now owns 815,687 shares of the software maker’s stock worth $7,627,000 after purchasing an additional 302,454 shares during the period. Elk Creek Partners LLC raised its stake in KEYW by 12.6% during the third quarter. Elk Creek Partners LLC now owns 866,369 shares of the software maker’s stock worth $6,593,000 after purchasing an additional 96,807 shares during the period. Schwab Charles Investment Management Inc. raised its stake in KEYW by 20.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 217,397 shares of the software maker’s stock worth $1,655,000 after purchasing an additional 36,434 shares during the period. Finally, State Street Corp raised its stake in KEYW by 16.4% during the second quarter. State Street Corp now owns 1,472,188 shares of the software maker’s stock worth $13,769,000 after purchasing an additional 207,656 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

KEYW (NASDAQ KEYW) opened at $6.60 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.48 and a quick ratio of 1.25. KEYW has a twelve month low of $4.94 and a twelve month high of $10.50.

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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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