SunTrust Banks Equities Analysts Reduce Earnings Estimates for KEYW Holding Corp. (KEYW)

KEYW Holding Corp. (NASDAQ:KEYW) – Analysts at SunTrust Banks cut their Q3 2019 earnings estimates for shares of KEYW in a note issued to investors on Tuesday, November 6th. SunTrust Banks analyst T. Sommer now forecasts that the software maker will post earnings of $0.03 per share for the quarter, down from their previous forecast of $0.05. SunTrust Banks also issued estimates for KEYW’s Q4 2019 earnings at $0.04 EPS, Q1 2020 earnings at $0.00 EPS, Q2 2020 earnings at $0.01 EPS, Q3 2020 earnings at $0.04 EPS and FY2020 earnings at $0.10 EPS.

KEYW (NASDAQ:KEYW) last posted its quarterly earnings results on Tuesday, November 6th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). KEYW had a negative net margin of 0.09% and a negative return on equity of 2.55%. The business had revenue of $126.70 million during the quarter, compared to the consensus estimate of $125.51 million. During the same period last year, the firm earned ($0.08) EPS. The business’s revenue for the quarter was up 3.5% on a year-over-year basis.

Several other analysts have also issued reports on the stock. William Blair initiated coverage on shares of KEYW in a research report on Monday, October 1st. They issued an “outperform” rating on the stock. BidaskClub raised shares of KEYW from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 6th. Noble Financial set a $11.00 price target on shares of KEYW and gave the company a “buy” rating in a research report on Wednesday, August 1st. Zacks Investment Research raised shares of KEYW from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research report on Wednesday, October 10th. Finally, Stifel Nicolaus lowered their price target on shares of KEYW from $9.00 to $8.00 and set a “hold” rating on the stock in a research report on Thursday, August 2nd. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. KEYW currently has a consensus rating of “Buy” and a consensus target price of $9.20.

NASDAQ KEYW opened at $9.44 on Thursday. KEYW has a 12-month low of $4.96 and a 12-month high of $9.84. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.95 and a current ratio of 2.35. The company has a market capitalization of $424.97 million, a PE ratio of -20.98 and a beta of 0.77.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. grew its stake in KEYW by 2.8% during the second quarter. BlackRock Inc. now owns 3,194,452 shares of the software maker’s stock valued at $27,917,000 after acquiring an additional 88,345 shares in the last quarter. Legal & General Group Plc grew its stake in KEYW by 16.1% during the second quarter. Legal & General Group Plc now owns 2,795,534 shares of the software maker’s stock valued at $24,433,000 after acquiring an additional 388,458 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in KEYW by 46.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,943,155 shares of the software maker’s stock valued at $16,983,000 after acquiring an additional 614,071 shares in the last quarter. Royce & Associates LP grew its stake in KEYW by 1.7% during the second quarter. Royce & Associates LP now owns 1,701,493 shares of the software maker’s stock valued at $14,871,000 after acquiring an additional 28,000 shares in the last quarter. Finally, SG Capital Management LLC grew its stake in KEYW by 38.2% during the third quarter. SG Capital Management LLC now owns 1,050,166 shares of the software maker’s stock valued at $9,094,000 after acquiring an additional 290,546 shares in the last quarter.

About KEYW

The KeyW Holding Corporation, together with its subsidiaries, provides engineering and technology solutions to support the collection, processing, analysis, and dissemination of information across the spectrum of the intelligence, cyber, and counterterrorism communities in the United States. The company's solutions are designed to meet the critical needs of agile intelligence and U.S.

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Earnings History and Estimates for KEYW (NASDAQ:KEYW)

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