Zacks Investment Research downgraded shares of The Keyw (NASDAQ:KEYW) from a buy rating to a hold rating in a research report report published on Tuesday, March 20th.
According to Zacks, “KEYW Corporation with its subsidiaries is engaged in providing mission-critical cyber security and cyber superiority solutions to defense, intelligence and national security agencies. Its solutions, services and products support the collection, processing, analysis, and use of intelligence data and information in the domain of cyberspace. The Company provides a full range of engineering services as well as fully integrated platforms that support the entire intelligence process. Its platform includes products that it manufactures, as well as hardware and software that the Company integrates using its engineering services. Its current customers include the National Security Agency (NSA), other intelligence agencies, the Department of Defense (including major agencies and branches within the Department of Defense) and other federal defense and law enforcement agencies. KEYW Corporation is headquartered in Hanover, Maryland. “
Several other equities analysts have also issued reports on KEYW. Stifel Nicolaus started coverage on shares of The Keyw in a report on Tuesday, November 21st. They set a hold rating and a $6.00 target price for the company. BidaskClub lowered shares of The Keyw from a hold rating to a sell rating in a report on Wednesday, December 6th. Chardan Capital lowered shares of The Keyw from a buy rating to a neutral rating in a report on Wednesday, January 3rd. ValuEngine lowered shares of The Keyw from a sell rating to a strong sell rating in a report on Friday, March 2nd. Finally, TheStreet upgraded shares of The Keyw from a d+ rating to a c rating in a report on Thursday, March 15th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The Keyw presently has an average rating of Hold and an average target price of $9.33.
Shares of KEYW stock traded down $0.04 during trading hours on Tuesday, hitting $7.94. 233,916 shares of the company’s stock traded hands, compared to its average volume of 580,174. The Keyw has a 12-month low of $4.94 and a 12-month high of $10.50. The firm has a market capitalization of $393.51, a price-to-earnings ratio of -17.76 and a beta of 0.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.26 and a current ratio of 1.50.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Voya Investment Management LLC raised its holdings in The Keyw by 32.1% in the 2nd quarter. Voya Investment Management LLC now owns 19,478 shares of the software maker’s stock worth $182,000 after acquiring an additional 4,736 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in The Keyw by 31.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 39,884 shares of the software maker’s stock worth $373,000 after purchasing an additional 9,587 shares during the period. Dimensional Fund Advisors LP grew its position in The Keyw by 2.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 536,009 shares of the software maker’s stock worth $5,012,000 after purchasing an additional 11,492 shares during the period. AXA grew its position in The Keyw by 58.0% in the 4th quarter. AXA now owns 74,400 shares of the software maker’s stock worth $437,000 after purchasing an additional 27,300 shares during the period. Finally, JPMorgan Chase & Co. grew its position in The Keyw by 30.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 118,728 shares of the software maker’s stock worth $950,000 after purchasing an additional 27,597 shares during the period. Institutional investors own 95.46% of the company’s stock.
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The Keyw Company Profile
The KEYW Holding Corporation, through its subsidiaries, provides engineering and technology solutions to support the collection, processing, analysis, and dissemination of information across the intelligence, cyber, and counterterrorism communities. Its solutions are designed to respond to meet the critical needs for agile intelligence and to assist the U.S.
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