Chardan Capital Upgrades KEYW Holding Corp. to “Buy” (KEYW)

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KEYW Holding Corp. (NASDAQ:KEYW) was upgraded by stock analysts at Chardan Capital from a “neutral” rating to a “buy” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $14.00 target price on the stock. Chardan Capital’s price target would suggest a potential upside of 26.13% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of KEYW Holding Corp. from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 6th. They now have a $10.90 price target on the stock. Separately, analysts at Noble Financial raised their price target on shares of KEYW Holding Corp. from $20.00 to $25.00 in a research note on Wednesday, March 26th. Finally, analysts at FBR Capital Markets raised their price target on shares of KEYW Holding Corp. from $17.00 to $24.00 in a research note on Monday, March 24th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. KEYW Holding Corp. currently has an average rating of “Hold” and an average target price of $19.65.

KEYW Holding Corp. (NASDAQ:KEYW) opened at 11.10 on Monday. KEYW Holding Corp. has a 1-year low of $9.98 and a 1-year high of $23.09. The stock has a 50-day moving average of $13.44 and a 200-day moving average of $15.23. The company’s market cap is $407.6 million.

KEYW Holding Corp. (NASDAQ:KEYW) last released its earnings data on Thursday, May 1st. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.02. The company had revenue of $63.80 million for the quarter, compared to the consensus estimate of $65.08 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. The company’s revenue for the quarter was down 18.1% on a year-over-year basis. Analysts expect that KEYW Holding Corp. will post $-0.03 EPS for the current fiscal year.

In other KEYW Holding Corp. news, CEO Leonard Moodispaw bought 15,000 shares of the stock on the open market in a transaction dated Monday, May 19th. The shares were purchased at an average price of $10.87 per share, with a total value of $163,050.00. Following the purchase, the chief executive officer now directly owns 349,250 shares in the company, valued at approximately $3,796,348. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

The KEYW Holding Corporation (NASDAQ:KEYW) is a holding company.

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