Q2 2017 Revenue Forecast for KEYW Holding Corporation (KEYW) Issued By SunTrust Banks

Q2 2017 Revenue Forecast for KEYW Holding Corporation (KEYW) Issued By SunTrust Banks

The KEYW Holding Corporation (NASDAQ:KEYW) – Stock analysts at SunTrust Banks reduced their Q2 2017 earnings estimates for The KEYW Holding Corporation in a research report issued on Friday. SunTrust Banks analyst T. Sommer now forecasts that the firm will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.05. SunTrust Banks also issued estimates for The KEYW Holding Corporation’s Q3 2017 earnings at $0.05 EPS, Q4 2017 earnings at $0.05 EPS and FY2018 earnings at $0.21 EPS.

A number of other brokerages have also commented on KEYW. Zacks Investment Research lowered The KEYW Holding Corporation from a “hold” rating to a “strong sell” rating in a research report on Monday. Seaport Global Securities initiated coverage on The KEYW Holding Corporation in a research report on Wednesday, December 21st. They issued a “neutral” rating for the company. Finally, Chardan Capital restated a “buy” rating and set a $12.00 target price on shares of The KEYW Holding Corporation in a research report on Thursday, November 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $9.42.

The KEYW Holding Corporation (NASDAQ:KEYW) opened at 10.00 on Monday. The KEYW Holding Corporation has a 12 month low of $3.91 and a 12 month high of $13.57. The company’s 50-day moving average is $11.64 and its 200 day moving average is $11.12. The company’s market cap is $402.50 million.

Institutional investors have recently modified their holdings of the stock. Snyder Capital Management L P acquired a new position in shares of The KEYW Holding Corporation during the second quarter valued at about $5,810,000. Macquarie Group Ltd. acquired a new position in shares of The KEYW Holding Corporation during the second quarter valued at about $5,214,000. Russell Investments Group Ltd. acquired a new position in shares of The KEYW Holding Corporation during the fourth quarter valued at about $3,280,000. Penserra Capital Management LLC raised its position in shares of The KEYW Holding Corporation by 19.0% in the third quarter. Penserra Capital Management LLC now owns 1,567,017 shares of the company’s stock valued at $17,299,000 after buying an additional 250,505 shares in the last quarter. Finally, Bank of Montreal Can acquired a new position in shares of The KEYW Holding Corporation during the second quarter valued at about $2,236,000. Institutional investors and hedge funds own 88.59% of the company’s stock.

About The KEYW Holding Corporation

The KEYW Holding Corporation (KEYW) is a provider of cybersecurity, cyber superiority and geospatial intelligence solutions to the United States Government defense, intelligence and national security agencies, and commercial enterprises. The Company operates through two segments: Government Solutions and Commercial Cyber Solutions.

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