Analysts predict that The KEYW Holding Corporation (NASDAQ:KEYW) will announce sales of $118.46 million for the current quarter, according to Zacks. Three analysts have made estimates for The KEYW Holding Corporation’s earnings. The lowest sales estimate is $113.00 million and the highest is $123.00 million. The KEYW Holding Corporation posted sales of $73.35 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 61.5%. The firm is expected to issue its next quarterly earnings results on Tuesday, August 8th.
According to Zacks, analysts expect that The KEYW Holding Corporation will report full-year sales of $118.46 million for the current financial year, with estimates ranging from $447.40 million to $468.90 million. For the next financial year, analysts anticipate that the company will post sales of $554.30 million per share, with estimates ranging from $528.01 million to $570.00 million. Zacks’ sales averages are an average based on a survey of research firms that cover The KEYW Holding Corporation.
Several equities analysts have recently issued reports on the company. Royal Bank Of Canada assumed coverage on The KEYW Holding Corporation in a research report on Wednesday, February 15th. They set an “outperform” rating and a $12.00 price target on the stock. Maxim Group upgraded The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research report on Thursday, May 4th. ValuEngine cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Noble Financial reiterated a “hold” rating on shares of The KEYW Holding Corporation in a research report on Monday, March 13th. Finally, Zacks Investment Research upgraded The KEYW Holding Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $12.00.
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In related news, Director Mark W. Sopp acquired 20,000 shares of The KEYW Holding Corporation stock in a transaction dated Thursday, May 11th. The stock was acquired at an average cost of $8.29 per share, with a total value of $165,800.00. Following the purchase, the director now directly owns 49,346 shares in the company, valued at approximately $409,078.34. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 4.62% of the company’s stock.
Several large investors have recently added to or reduced their stakes in the company. Greenwood Capital Associates LLC bought a new stake in The KEYW Holding Corporation during the first quarter valued at $114,000. Paloma Partners Management Co bought a new stake in The KEYW Holding Corporation during the first quarter valued at $132,000. US Bancorp DE raised its stake in The KEYW Holding Corporation by 183.3% in the first quarter. US Bancorp DE now owns 14,868 shares of the software maker’s stock valued at $140,000 after buying an additional 9,620 shares in the last quarter. Sei Investments Co. raised its stake in The KEYW Holding Corporation by 8.2% in the first quarter. Sei Investments Co. now owns 15,087 shares of the software maker’s stock valued at $143,000 after buying an additional 1,138 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in The KEYW Holding Corporation during the first quarter valued at $165,000. 97.32% of the stock is owned by institutional investors and hedge funds.
The KEYW Holding Corporation (NASDAQ:KEYW) traded up 1.19% during mid-day trading on Friday, reaching $9.33. The company’s stock had a trading volume of 156,347 shares. The firm’s 50 day moving average price is $9.10 and its 200 day moving average price is $10.28. The firm’s market capitalization is $456.87 million. The KEYW Holding Corporation has a 52 week low of $8.07 and a 52 week high of $13.57.
About The KEYW Holding Corporation
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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