KEYW Holding Corp. (KEYW) Forecasted to Earn FY2018 Earnings of ($0.21) Per Share

KEYW Holding Corp. (NASDAQ:KEYW) – Equities research analysts at SunTrust Banks reduced their FY2018 earnings estimates for shares of KEYW in a research note issued to investors on Tuesday, November 6th. SunTrust Banks analyst T. Sommer now forecasts that the software maker will earn ($0.21) per share for the year, down from their previous forecast of ($0.05). SunTrust Banks also issued estimates for KEYW’s Q4 2018 earnings at ($0.06) EPS and Q2 2019 earnings at $0.01 EPS.

A number of other brokerages also recently weighed in on KEYW. Zacks Investment Research downgraded KEYW from a “buy” rating to a “hold” rating in a report on Thursday, July 19th. ValuEngine downgraded KEYW from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Noble Financial set a $11.00 price target on KEYW and gave the company a “buy” rating in a report on Wednesday, August 1st. Drexel Hamilton downgraded KEYW from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. Finally, BidaskClub upgraded KEYW from a “buy” rating to a “strong-buy” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $9.20.

Shares of KEYW stock opened at $9.41 on Friday. The firm has a market cap of $445.73 million, a PE ratio of -20.91 and a beta of 0.77. The company has a current ratio of 1.72, a quick ratio of 1.95 and a debt-to-equity ratio of 0.92. KEYW has a 12-month low of $4.96 and a 12-month high of $9.84.

KEYW (NASDAQ:KEYW) last announced its earnings results on Tuesday, November 6th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The company had revenue of $126.70 million for the quarter, compared to analyst estimates of $125.51 million. KEYW had a negative return on equity of 2.56% and a negative net margin of 0.09%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period last year, the firm earned ($0.08) earnings per share.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of KEYW by 2.4% during the third quarter. BlackRock Inc. now owns 3,270,859 shares of the software maker’s stock valued at $28,325,000 after buying an additional 76,407 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of 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 buying an additional 388,458 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of 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 buying an additional 614,071 shares in the last quarter. Royce & Associates LP grew its holdings in shares of 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 buying an additional 28,000 shares in the last quarter. Finally, SG Capital Management LLC grew its holdings in shares of 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 buying an additional 290,546 shares in the last quarter.

KEYW Company Profile

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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