Brokerages Expect KEYW Holding Corp. (KEYW) Will Post Quarterly Sales of $125.45 Million

Analysts forecast that KEYW Holding Corp. (NASDAQ:KEYW) will announce sales of $125.45 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for KEYW’s earnings, with the highest sales estimate coming in at $126.93 million and the lowest estimate coming in at $124.85 million. KEYW posted sales of $68.93 million during the same quarter last year, which would indicate a positive year over year growth rate of 82%. The business is expected to announce 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 financial year, with estimates ranging from $434.70 million to $441.64 million. For the next year, analysts anticipate that the firm will report sales of $509.27 million per share, with estimates ranging from $502.70 million to $522.00 million. Zacks’ sales averages are a mean average based on a survey of analysts that cover KEYW.

Several analysts have recently commented on the company. BidaskClub raised KEYW from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 10th. SunTrust Banks reissued a “buy” rating and issued a $13.00 price target on shares of KEYW in a report on Friday, October 20th. Chardan Capital cut KEYW from a “buy” rating to a “neutral” rating in a report on Wednesday, January 3rd. Stifel Nicolaus assumed coverage on KEYW in a report on Tuesday, November 21st. They issued a “hold” rating and a $6.00 price target for the company. Finally, Maxim Group reduced their price target on KEYW from $13.00 to $10.00 and set a “buy” rating for the company in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. KEYW has an average rating of “Hold” and a consensus target price of $9.20.

Shares of KEYW (NASDAQ KEYW) opened at $7.41 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.25 and a current ratio of 1.48. KEYW has a 1-year low of $4.94 and a 1-year high of $10.50.

A number of institutional investors have recently added to or reduced their stakes in KEYW. SG Capital Management LLC purchased a new position in KEYW during the fourth quarter worth $4,533,000. Brown Advisory Inc. increased its position in KEYW by 30.4% during the third quarter. Brown Advisory Inc. now owns 1,647,553 shares of the software maker’s stock worth $12,538,000 after buying an additional 384,149 shares in the last quarter. Cooper Creek Partners Management LLC purchased a new position in KEYW during the fourth quarter worth $2,103,000. Boston Partners increased its position in KEYW by 45.8% during the third quarter. Boston Partners now owns 1,072,744 shares of the software maker’s stock worth $8,164,000 after buying an additional 336,990 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its position in KEYW by 15.5% during the third quarter. Stephens Investment Management Group LLC now owns 2,444,979 shares of the software maker’s stock worth $18,606,000 after buying an additional 328,821 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

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About KEYW

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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