Keynote Systems, Inc. (KEYN) Updates Q1 Earnings Guidance
Keynote Systems, Inc. (KEYN) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.20-0.28 for the period.
Shares of Keynote Systems, Inc. (KEYN) traded up 0.23% during mid-day trading on Tuesday, hitting $13.08. Keynote Systems, Inc. (KEYN) has a 52 week low of $12.46 and a 52 week high of $25.37. The company has a market cap of $231.8 million and a P/E ratio of 5.47.
Keynote Systems last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $30.40 million for the quarter, compared to the consensus estimate of $30.31 million. Keynote Systems’s revenue was up 10.5% compared to the same quarter last year. On average, analysts predict that Keynote Systems, Inc. (KEYN) will post $0.86 earnings per share for the current fiscal year.
On a related note, analysts at Craig Hallum upgraded shares of Keynote Systems from a hold rating to a buy rating in a research note to investors on Thursday, September 20th. They now have a $20.00 price target on the stock, up previously from $14.50.
Keynote Systems, Inc. develops and sells technology solutions to measure, test, assure and improve service for Internet and mobile communications.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.